Bob Dylan’s recorded music catalog acquired in full by Sony Music Entertainment
Arguably one of the greatest songwriters of all time, Bob Dylan has just sold the mastered rights to his recorded music, with the entire catalog now officially owned by Sony Music Entertainment. Having influenced popular culture in his most unique way, the American singer, author and visual artist has left his own mark on the live performance industry and, in turn, has inspired generation after generation for nearly six decades. Always thinking outside the box, Dylan has taken it upon himself to challenge various political and social movements over the years, with each of his outings gaining global recognition for the most notable reasons.
Having signed with Records of Colombia in 1961, the label was the only platform to release its studio albums, ranging from 1962 toBob Dylan‘ and until the 2020s ‘Rough and rowdy ways.’ In an attempt to regain full control from his masters, Billboard highlighted the signing of a new contract with Columbia Records in 1974, with the label’s parent company, CBS Records Inc.purchased by Sony in 1988, and which eventually led to the name change, Sony Music Entertainment Inc. having come into existence in 1991. With this in mind, Universal Music Editing also struck a deal with Dylan himself in 2020, and so the publishing rights to his entire catalog were sold to the company. Provide another take on music copyrights, rolling stone focus on the two different types (recorded rights and publication rights) that exist in the live sector, as they indicate;
“Recorded rights are more directly related to streaming and sales royalties, while publishing rights are more related to performance and use in film and television.”
Having struck a deal believed to be worth over $300 million, Dylan this time around also opted to sell his mastered rights which are worth over $200 million, and in turn said;
“Columbia Records and [Sony Music Group Chairman] Rob Stringer have only been good to me for many, many years and many records. I am happy that all my recordings can stay in their place.
A deal that also includes “the rights to multiple future releases,” all parties involved have struck an equally beneficial deal. With the legendary status surrounding his name and impact on music remaining intact, we wish Dylan nothing but the best in the near future. Be sure to leave your own thoughts on that in the comments section, with Sony Music Entertainment’s full announcement available here.
Image Credit: Taylor Hill via FilmMagic