Catalog cover

Bob Dylan sells his catalog of recorded music to Sony Music

Sony Music Entertainment today announced that it has acquired Bob Dylan’s entire back catalog of recorded music, plus the rights to several future new releases, in a major expansion of the six-decade relationship. of SME with the artist.

Sources say Variety that the deal was worth between $150 million and $200 million, although the number has not been confirmed; representatives for Sony and Dylan declined to comment.

The deal, completed in July 2021, includes the entirety of Bob Dylan’s recorded work since 1962, beginning with the artist’s self-titled debut album and continuing through 2020’s “Rough and Rowdy Ways.”

At the end of 2020, Dylan sold his catalog of songs to Universal Music Publishing for an amount which sources said was nearly $400 million; he also donated his personal archives to the Bob Dylan Center in Tulsa, Okla., which is scheduled to open in May of this year.

The deal is the latest in a series of successful deals for music catalogs. Bruce Springsteen sold his publishing and recorded music catalogs to Sony Music for $550 million; David Bowie’s edition was acquired by Warner Chappell Music earlier this year for over $250 million, sources say Variety; Motley Crue’s recorded music catalog was acquired by BMG in late November 2021 for approximately $90 million.

Bob Dylan and SME will continue to collaborate on a range of future catalog reissues of the artist’s acclaimed and best-selling Bootleg series, which debuted in 1991 and includes 14 releases through last year’s “Springtime In New York : The Bootleg Series Vol 16 (1980-1985) The agreement also provides the opportunity for SME to partner with Dylan on additional projects.

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This year marks the 60th anniversary of Dylan’s recording career. He was signed to SME’s Columbia Records in October 1961 by the label’s John Hammond and recorded his debut album the same year.

Bob Dylan said, “Columbia Records and Rob Stringer have been nothing but good to me for many, many years and on many records. I am happy that all my recordings can stay in their place.

In making the announcement, Rob Stringer, Chairman of Sony Music Group, said, “Columbia Records has had a special relationship with Bob Dylan since the beginning of his career and we are extremely proud and excited to continue to grow and evolve our 60 – one year partnership. Bob is one of music’s greatest icons and an artist of unparalleled genius. The pivotal impact he and his recordings continue to have on popular culture is unparalleled and we are delighted that he is now a permanent member of the Sony Music family. We are excited to work with Bob and his team to find new ways to make his music accessible to his many fans today and to future generations.