Bob Dylan Cashes In! Rock Legend Sells Entire Songwriting Catalog
LONDON, ENGLAND - JULY 12: Bob Dylan performs as part of a double bill with Neil Young at Hyde Park on July 12, 2019 in London, England. (Photo by Dave J Hogan/Getty Images for ABA)
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Rock legend Bob Dylan has entered into a landmark deal with Universal Music for than $300 million.
The entertainment giant has purchased the publishing rights to the entire songwriting catalog of Dylan.
Dylan follows in the footsteps of other rock legends like Journey, Blondie, Richie Sambora, Chrissie Hynde, Nikki Sixx and Steve Winwood who have sold portions or the entirety of their publishing rights.
Read the Wall Street Journal article below on Dylan’s record setting deal.
Why do you believe these iconic musicians are doing this? Is it a shrewd business move?!?
I’ve also enclosed an article which dives deeper into why some of the biggest rock stars have taken this route :
https://lnkd.in/eG_PBqp
Bob Dylan is tangled up in green. The 79-year-old legendary pioneer of modern rock music, and the only songwriter to win a Nobel Prize for Literature, has sold his entire publishing catalog—more than 600 copyrights spanning 60 years—to Universal Music Publishing Group, according to the company. While terms of […]
Click here to view original web page at www.wsj.com
Kevin James has over 20 years of experience in the entertainment industry in various facets. He has worked as a recording artist, songwriter, producer, on-air radio personality, background actor and film director. Kevin is a Member of the National Writer's Union.