Sony Music now owns the rights to Bob Dylan’s entire recorded catalog, which includes 39 studio albums in addition to compilations, singles, and rarities. Sony also has the right to any potential music Dylan releases in the future.
The financial details of the deal remain out of the public domain. However, Billboard estimates these recordings are worth around $200 million. This calculation is based on the recordings’ estimated annual revenue $16 million a year. Sony confirmed this purchase occurred in July of 2021.
Universal Music bought the rights to Dylan’s songwriting months before the recording deal with Sony. This transaction has an estimated value of over $300 million and includes the rights to Dylan’s lyrics.
The legendary singer-songwriter is currently touring with his album Rough and Rowdy Way, released in June of 202o. In the next few months, Dylan will be hitting the stage in Arizona, Texas, Louisiana, Tennessee, the Carolinas, Alabama, Georgia, New Mexico and Oklahoma for the next leg of his Never Ending Tour.
He has not announced plans for new projects yet, but in the meantime, Sony will work on releasing more “Bootleg Series” albums, a project of compilation albums of rare and unreleased material from the singer.