Bob Dylan sells rights to all his songs to Universal Music Group
Peter Sobat, 2 years ago 0 1 min read
US singer-songwriter Bob Dylan has sold the rights to his entire back catalogue to Universal Music Group (UMG).
The deal is one of the biggest acquisitions in Universal’s history and means the company will collect all future income from the songs. It includes both the income Dylan currently receives as a songwriter and his control of each song’s copyright. The 79-year-old is known all over the world for songs like The Times They Are A-Changin’, and Like a Rolling Stone. Universal will acquire around 600 tracks, taken from a career spanning six decades. The terms of the deal were not made public, but it is thought to be worth hundreds of millions of dollars.
Peter Sobat is the owner/creator of Blurred Culture. Peter holds a MFA in Digital Technology and has worked in media for the past 15 years. He is the creator of several viral hits such as "The SmokeBox" , "The Devin The Dude Show" and "Live with Steve Lobel".