BOB DYLAN CASHES IN

BOB DYLAN CASHES IN

Tangled Up in Green: Bob Dylan Sells Entire Song Catalog for Estimated $300 Million

BOB DYLAN CASHES IN

Universal Music Group announced Monday that it had acquired Bob Dylan’s entire catalog of songs in a deal that the New York Times estimated to be worth north of $300 million.

The deal includes 600-plus copyrights ranging from 1962’s “Blowin’ in the Wind” to 1964’s “The Times They Are A-Changin” to this year’s “Murder Most Foul” — a ballad about the 1963 assassination of John F. Kennedy that became the 79-year-old rock pioneer’s first No. 1 hit.

“It’s no secret that the art of songwriting is the fundamental key to all great music, nor is it a secret that Bob is one of the very greatest practitioners of that art,” Lucian Grainge, the CEO of Universal Music Group, said in a statement.

A pioneer in the folk-rock movement of the 1960s, Dylan in 2016 memorably became the first songwriter in history to win the Nobel Prize in Literature. The Swedish Academy cited his work “for having created new poetic expressions within the great American song tradition.”


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