Sony Music Buys Bob Dylan's Recorded Music Catalog

  • 2 years ago
Sony Music
Buys Bob Dylan's , Recorded Music Catalog.
CNBC reports Bob Dylan has sold the entirety of his recorded discography to Sony Music Entertainment.
The deal will reportedly include every recorded work dating back to 1962. .
According to 'Variety,' the price of
Dylan's deal is estimated between
$150 million and $200 million.
According to 'Variety,' the price of
Dylan's deal is estimated between
$150 million and $200 million.
Columbia Records and
Rob Stringer have been nothing
but good to me for many, many years and a whole lot of records. , Statement from Bob Dylan.
I’m glad that all my recordings can stay where they belong. , Statement from Bob Dylan.
Dylan had previously sold the rights
to his songwriting in a deal with
Universal Music in 2020.
Columbia Records
has had a special
relationship with
Bob Dylan from the
beginning of his career... , Rob Stringer, chairman of Sony Music Group, via statement.
...we are tremendously proud
and excited to be continuing
to grow and evolve our
ongoing 60-year partnership. , Rob Stringer, chairman Sony Music Group, via statement.
Now 80 years old, some speculate Dylan's recent financial moves may be related to
the planning of his estate.
Financial experts say the tax rate on
capital gains is likely to increase
above 20% in the near future.
Dylan's sell-off may have been a precaution to help his heirs avoid extra taxation

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