Bob Dylan Lands ANOTHER Massive Catalog Sale – Offloads Recorded Music Catalog To Sony For $200 Million

In December 2020, Bob Dylan sold his music publishing catalog to Universal Music Group $300-400 million. The deal included Dylan’s songwriting rights and publishing rights. Dylan recently signed a second deal with Sony. Dylan sold his master recordings in this deal. What was the price?

$200 Million

A recorded catalog is Dylan’s actual recordings. It covers virtually all his output during his long career in music. This deal is the culmination of a long relationship between Dylan, Sony and Columbia Records. Dylan started his recording career at Columbia Records in 1961. Sony now owns Columbia Records.

Dylan made a short, but powerful statement to the media:

” I am glad that my recordings can remain where they belong

Sony released a statement saying that the recording deal was finalized seven months later. This is the only information we have at the moment. According to the Wall Street Journal, Sony revealed that the deal with Dylan included the rights to “multiple future recording projects” by the 81-year-old singer-songwriter.

The first publishing deal Dylan signed with Universal was just the beginning of many other artists signing similar deals for various pieces of their work in the past year. Stevie Nicks and Tina Turner, Bruce Springsteen, David Bowie and other “legacy” artists with large back catalogs have all made big cash offers. Analysts say this allows them to capitalize on the streaming boom, as well as streamlining assets for their future heirs.

These two deals are the only way Bob Dylan has made $600 million.

bob dylan lands another massive catalog sale

Kevin Winter/Getty Images

Master Recordings and Publishing Rights

What are master recordings? How are they different from songwriting rights and publishing rights in the music industry?

Aka means “masters,” which is Taylor Swift’s masters. It refers to the actual recordings made during a recording session. Imagine you are singing into a microphone, and the output is pressed onto a piece of tape. The master is that physical output. The masters have the power to decide where music is licensed. Spotify, Pandora, etc.

Did you hear about Neil Young’s decision to remove his songs from Spotify? Technically, he couldn’t do it because he doesn’t own his masters. Warner Brothers is the owner of his masters. Warner Bros. called Neil’s songs off Spotify to be removed as a favor. Hipgnosis, which owns Neil’s publishing rights, is really hurt by this removal.

Publishing rights allow someone to make money when a song plays somewhere that was generated as royalty.

Related Posts