The legendary songs
Tangled Up in Blue
Just Like a Woman
are now in the hands of Sony.
American singer Bob Dylan has sold the rights to his entire catalog of recorded music to the Japanese multinational, the music industry giant announced on Monday.
This is the latest episode in a series of repertoire takeovers, which have become valuable assets in the streaming era.
The deal, which dates back to July 2021 but was only announced on Monday, spans almost sixty years of music by the folk and country singer, Nobel Prize in Literature 2016, from his self-titled debut album in 1962 to
Rough and Rowdy Ways
in 2020. A total of 39 albums.
A sale of more than 200 million dollars, according to Billboard
The transaction also covers "future new release rights" to songs by the 80-year-old artist, according to Sony Music Entertainment.
The amount of the buyout has not been communicated, but sites specializing in the music industry, such as
, evoke an amount greater than 200 million dollars.
Author of texts committed against social injustice, war, racism and slavery, living legend of American music, Bob Dylan had already marked the music industry by selling, at the end of 2020, all of his rights to author – distinct from the recording rights sold to Sony – to another giant, Universal, for an amount valued at the time at $300 million.
While copyrights make it possible to earn dividends on the airing of a title on the radio or in streaming, on album sales or on their use in an advertisement or in a film, copyright holders recording can decide on future reissues.
Dylan “happy” with the transaction
“Bob Dylan and SME will continue to collaborate on a whole series of reissues from the artist's catalog,” Sony announced, citing the popular
These albums of unpublished versions of his masterpieces or lives started in 1991 and are now in their 16th volume.
Above all, the agreement strengthens a long-standing relationship between Sony and Bob Dylan, who signed in 1961 with Columbia Records, which has become a subsidiary of the music giant.
“Columbia Records and Rob Stringer (the president of Sony Music Group) have always been good to me, for many, many years and many records.
I am happy that all my recordings can stay where they belong, ”said the singer-poet, quoted in the Sony press release.
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