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Sony Music Buys Bob Dylan's Recorded Music Catalog

2022-01-24 102 Dailymotion

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

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