Sony Music has acquired the entire recorded music catalog of Bob Dylan, including all his previous albums and “the rights to multiple future release,” the company announced on Monday.
Financial terms of the deal were not disclosed. When Dylan sold his songwriting rights — which are separate from those for recordings — to Universal Music in late 2020, that deal was estimated to be worth well over $300 million.
According to Sony’s announcement, the transaction was concluded in July, making it one of the music industry’s rare big-money deals to avoid leaks for as much as six months.
The Bob Dylan Center in Tulsa, Okla., housing Dylan’s vast archives, is set to open in May.
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