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US News: Bob Dylan sells in Sony All of the recorded music catalog

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This Monday, January 24th, 2022, Sony announced that I acquired the catalog of Bob Dylan last summer.

The American artist Bob Dylan sold last July all his catalog of music recorded in Sony, announced Monday, January 24 the giant of the musical industry.

An amount greater than 200 million dollars

This agreement covers nearly sixty years of music from the legendary singer folk and country, since its first eponymous album in 1962, to Rough and Rowdy Ways in 2020. The transaction also covers also The rights of future new songs, according to a Sony statement that does not specify the contract amount.

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Bob Dylan, 80 years of age and laureate of the Nobel Prize for Literature , had already sold its copyright - separate rights of registration - in Universal, a competitor of Sony, for an amount assessed at the time at $ 300 million.

Registration fees govern the rights of reproduction and distribution. This time, sites specializing in the music industry, such as Billboard and Variety, evoke an amount greater than $ 200 million.

Springsteen last December

according to Sony, the agreement, sealed in July 2021 but announced only Monday, strengthens a long-standing relationship with Bob Dylan, who signed in 1961 at Columbia Records, a subsidiary of the giant music. .

Registry Rights Holders may decide future reissues, while copyright holders affect dividends on the broadcast of a title on radio or streaming, on sales of albums or on the Use in advertising and movies.

The directories of the music giants have been the subject of several major transactions in recent months, a trend ranged by streaming and Covid.

In mid-December, Bruce Springsteen boss had sold to Sony Copyrights and registration related to all his repertoire for more than $ 550 million.

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