TheBroadcaster · Bob Dylan Sells Song Catalog to Universal Music for $300 million

Singer and songwriter Bob Dylan sold all of his songs to Universal Music Publishing Group, one of the biggest sales of music publishing rights ever.

The deal is estimated at being close to 300 million dollars, according to The New York Times. The sale includes all of his songs from his early to late career.

Dylan has written over 600 songs in his lifelong music career and won a Nobel Prize in literature as well. The Swedish academy described Dylan as “having created new poetic expressions within the great American song tradition.”

While selling his songs means that he no longer holds the power to control what Universal Music does with them, they stated they would be tasteful with his music.

The chief executive of Universal Music publishing said, “To represent the body of work of one of the greatest songwriters of all time — whose cultural importance can’t be overstated — is both a privilege and a responsibility.”