Bob Dylan After he sold the catalog to Sony Music Entertainment’s Columbia Records, he announced that his master recordings would remain “where they belong.”
The 80-year-old, who won the Grammy Award 11 times, has been in Colombia for 60 years. The contract signed with the record company last summer is said to have finally been concluded in July 2021. A rolling stone.
“Columbia Records and Rob Stringer have been good for me for years and with lots of records,” Dylan said of a catalog sold for a private price. “I’m happy that all my recordings can stay where they belong.”
in the meantime, variety The transaction reports that it was worth between $ 150 million and $ 200 million.
“The company has had a special relationship with Bob Dylan from the beginning of his career, and we will continue to grow and evolve for the next 60 years,” said Rob Stringer, chairman of Sony Music Group, in a statement. Very proud and excited. According to “Partnership with Dylan” Man magazine.
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Stringer said: “The essential impact of him and his recordings on popular culture is unparalleled, and I’m excited to make him a permanent member of the Sony Music family. Bob and his team. Work with us to find new ways to make his music available to many fans today and to future generations. “
It was just in December that Dylan sold all of his publishing rights to Universal Music Group for an estimated $ 300 million. The acquired catalog contains songs dating back to the 1960s.
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Dylan hasn’t announced plans to release another album yet, but will begin the next leg of the Rough and Row Deways Tour, which will resume on March 3 in Phoenix, Arizona and will continue until 2024.