Bob Dylan has sold his catalog of songs | Universe …

Bob Dylan sold his entire musical catalog to the Universal company. The record label’s publishing management group has acquired the copyrights to more than 600 songs from the American musician, spanning 60 years of career. The catalog, which in the past was managed by Sony / ATV Music Publishing, includes songs ranging from “Blowin ‘in the Wind” (1962) to “Murder Most Foul”, released this year. Although the terms of the sale were not disclosed, a close source assures that it is an amount close to 300 million dollars.

At 79, Dylan enjoys pioneering status in the music world. Since the release of his first album in 1961, he has sold over 125 million units worldwide and his songs have been recorded over 6,000 times. In 2016, he was the first composer to receive the award Nobel Prize in Literature to “create new poetic expressions in the great American tradition of song.” His latest album, Rough and turbulent ways (number 39 of his career), was released in June of this year.

In an internal note sent to the Universal Music Group team, the CEO of the company Lucian Grainge commented on the purchase: “Great songwriters recognize authenticity and look to companies that honor their creativity and, in turn, create real value for their work. And that’s exactly what happened. spent here, thanks to our amazing company. one of these unique opportunities has become a reality. “ In a public statement, Grainge added that “it’s no secret that the art of composition is a fundamental key to good music, and it’s no secret that Bob Dylan is one of the greatest practitioners of this art“.

The CEO of Universal Music Publishing Group, Jody gerson, noted that “representing the body of work of one of the greatest composers of all time, whose musical importance cannot be underestimated, it is both a privilege and a responsibility “. Neither Dylan nor anyone on his behalf commented on the sale.