Bob Dylan sells his entire song catalog to Universal Music
Bob Dylan has sold his entire catalogue of 600 songs, including Blowin’ in the Wind and Knockin’ on Heaven’s Door, to Universal Music in the biggest music publishing deal in decades, The Guardian reports.
While the terms of the deal were not disclosed, the volume and popularity of the 79-year-old’s work is likely to mean it is one of the most lucrative music publishing sales ever struck, with the New York Times reporting on Monday that it was worth more than $300m (£225m).
Dylan, whose body of work over six decades made him the first songwriter to be awarded the Nobel prize in literature in 2016, has sold more than 125m records worldwide.
Universal, the world’s biggest music company and the home of stars including Taylor Swift, Lady Gaga and the Beatles, described the deal as “the most significant music publishing agreement this century and one of the most important of all time”.