Bob Dylan sells songwriting catalog to Common Music Publishing
Bob Dylan sold the music publishing rights to his entire catalog to Universal Music Publishing in a landmark deal reportedly over $ 300 million, according to the New York Times. Dylan's catalog contains over 600 songs spanning 60 years. "Brilliant and moving, inspiring and beautiful, insightful and provocative, his songs are timeless – whether they were written more than half a century ago or yesterday," said Lucian Grainge, chairman and CEO of Universal Music Group, in a statement. "I have no doubt that in decades or even centuries, Bob Dylan's words and music will continue to be sung and played – and cherished – everywhere."
In addition to Dylan's original work, which ranges from his earliest compositions to this year's Rough and Rowdy Ways, the deal also includes The Weight, the 1968 hit by Robbie Robertson, written by the band and for which Dylan owns the copyright. The Universal Deal makes up Dylan's entire catalog, but doesn't include any songs he may write in the future.
Read more about Bob Dylan's "Murder Most Foul" on Pitchfork's "The 100 Best Songs of 2020" list.