Company Universal Music Publishing Group (UMPG) has bought the rights to all the songs of the legendary American rock musician Bob Dylan, said on the website of UMPG.
As noted, the catalog, which acquired UMPG, 600 Dylan songs released over 60 years. The amount of the deal was not disclosed. However, according to The Financial Times, it is a nine-figure sum. The New York Times estimated the deal at $300 million.
“Dylan’s work has been loved and admired by billions of people around the world. I have no doubt that tens or even hundreds of years from now, Bob Dylan’s lyrics and music will continue to be sung, played and read everywhere,” said UMPG head Lucian Grange.
Recall that in June, Bob Dylan became the oldest musician whose album topped the UK charts. The American singer managed to conquer the top of the British charts for the ninth time. On May 21, he was 79 years old.