Bob Dylan Sells Entire Catalog of Music to Sony Music Entertainment
Bob Dylan has sold his entire back catalog of recorded music to Sony Music Entertainment, as well as the rights to multiple future releases, in a deal rumored to be worth between $150m and $200m, Variety reports.
The deal covers all Dylan recordings dating from 1962, including his self-titled debut album, which celebrates its 60th anniversary in March, and future releases and reissues in Dylan’s celebrated Bootleg Series.
Dylan signed to Columbia in October 1961. Rob Stringer, chairman of Sony Music Group, said they were “tremendously proud and excited to be continuing to grow and evolve our ongoing 60-year partnership. Bob is one of music’s great icons and an artist of unrivaled genius.”
The sale would also address “new ways to make his music available to his many fans today and to future generations”, said Stringer.
Dylan said in a statement: “Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records. I’m glad that all my recordings can stay where they belong.”
Make sure to check out MusicOnTheRox.com and SonyMusic.com as well.