Bob Dylan has sold his catalog of recorded music to Sony Music Entertainment in a deal that Billboard estimates worth around $200 million. This includes all of his studio albums, all of his Bootleg Series entries, and various singles and rarities. A press release also says the deal encompasses “the rights to multiple future releases.”
Dylan has a long history with Sony Music Entertainment, owner of Columbia Records, the label he signed to in October 1961 and has been with ever since. “Columbia Records and Rob Stringer have been nothing but good to me for many, many years and many records,” Dylan said in a statement. “I am happy that all my recordings can stay in their place.”
Stringer, Chairman of Sony Music Group, added, “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-year-old partnership. .
This deal with Sony Music Entertainment is separate from the one Dylan struck in 2020 with Universal Music Publishing Group in which he sold the publishing rights to his catalog for an estimated $400 million. SME now owns Dylan’s master recordings, which generate revenue through streaming and sales, while UMPG owns its publishing rights, which typically make money from film and TV syncs and live performances. .
Earlier today, Dylan announced the Spring 2022 tour dates.