Sony Music has acquired Bob Dylan’s entire music catalog, including all of his previous albums and “the rights to multiple future releases,” the company announced Monday.
The financial terms of the deal have not been disclosed. When Dylan sold his songwriting rights — which are separate from those for recordings — to Universal Music in late 2020, that deal was valued at over $300 million.
According to Sony’s announcement, the transaction closed in July, making it one of the rare big money deals in the music industry to prevent leaks for as much as six months.
The Bob Dylan Center in Tulsa, Oklahoma, which houses Dylan’s vast archives, will open in May.