Bob is bringing it all back home to SONY – for £200m

Bob once wrote ‘money doesn’t talk it swears’ – but right now he’s laughing all

the way to the bank!

And good on him!

More than half a century of writing and performing some of the best and most blistering songs the world has ever heard or seen, he deserves every penny.

Your dotage – and that can fall at any age – is when, after a lifetime of working hard for your living you reap the rewards. And Bob has dedicated his life to bringing joy and thought-extending poetry, music, laughter, surreal entertainment and spectacular celebrity to the world.

This isn’t to say that Bob hasn’t reaped the whirlwind too since his music began paying him back for its life – sadly the Levy estate decided to try and cash in and so did a ‘flying saucer’ navigating child of the Sixties who claims Bob molested her.

There but for fortune eh!

Bob has broken all records by selling his entire back catalog of recorded music along with ‘the rights to multiple future new releases’ to Sony.

In late 2020 Bob, aged 80, sold his songwriting rights – separate from recording rights, which govern reproduction and distribution – to Universal, in a deal estimated to be worth more than $300 million.

Bob said: ‘Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records. I’m glad that all my recordings can stay where they belong.’

The deal with Sony is separate from his blockbuster publishing sale to Universal.

The holders of recording rights can dictate future reissues, while publishing rights owners receive a cut in a number of scenarios, including radio play and streaming, album sales, and use in advertising and movies.

Dylan’s publishing deal with Universal was one of the higher profile sales that preceded a flurry of music catalog transactions over the past year or so, as financial markets are increasingly drawn to music portfolios as an asset class.

#dylan #sony #songrights #backcatalogue #universal

Published
Categorized as Media

By Leigh Banks

I am a journalist, writer and broadcaster ... lately I've been concentrating on music, I spent many years as a music critic and a travel writer ... I gave up my last editorship a while ago and started concentrating on my blog. I was also asked to join AirTV International as a co host of a new show called Postcard ...

1 comment

  1. I guessed he had a bob or two (!!!). He’s earned it one way and another. Should have a comfortable old age. Come on, Your Bobness!!

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