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Universal Music Group Pops Bob Dylan’s back Catalog

Universal Music has snapped up the whole back catalog of mythical singer-songwriter Bob Dylan.

The deal comprises some six hundred paths in the career-spanning six years.

It is believed to be among the organization’s main acquisitions – nevertheless, no financial details are given.

It features such contemporary criteria as”Blowin’ In The Wind”, “Tangled Up in Blue”, “Knockin’ On Heaven’s Door”, and”Like a Rolling Stone”, a body of work which might just be matched because of its width and influence from the Beatles, whose tunes had been re-acquired by Paul McCartney at 2017.

The songwriting legend made an estimated $250 million in the purchase, according to The New York Times, which reported it.

Dylan, 79, topped the Rolling Stone list of the 100 Greatest Songwriters of All Time in 2015, and also the tune”Just Like A Rolling Stone” was appointed by the magazine as the greatest ever composed. He also won the Nobel Prize for Literature in 2016, the sole songwriter to obtain the award.

Explain The current market, CEO, Guy Shone says investing in audio rights is now an extremely valuable commodity.

Shone stated: “If we do get the exact details of the Dylan bargain, then it is very likely to be up with all the largest music bargains of all time.”