By Jordan Valinsky, CNN Business
Updated 8:47 AM ET, Mon December 7, 2020
New York (CNN Business)Bob Dylan has sold his entire catalog of songs, which encompasses more than 600 songs over 60 years, in a “landmark agreement” with Universal Music Publishing Group.
The agreement between Dylan and the company was announced Monday. It’s a major shift for the singer and songwriter, who has controlled much of his own intellectual property according to multiple reports. Financial terms weren’t disclosed, but the New York Times says it’s estimated at more than $300 million.
“To represent the body of work of one of the greatest songwriters of all time – whose cultural importance can’t be overstated – is both a privilege and a responsibility,” said Universal Music Publishing Group CEO Jody
Gerson in a statement.
… la porte etait ouverte! Je suis juste entre! / the door was opened! I just come in!