OREANDA-NEWS. Bob Dylan sold his entire catalogue of recorded music to Japan's Sony Corporation in July last year. This was announced by the company's press office.

"Sony Music Entertainment announced today [January 24] that it has fully acquired Bob Dylan's entire catalogue of recorded music, as well as the rights to several new releases in the future,"- it said in a statement.

According to Variety magazine, the deal was worth between $150 million and $200 million. The agreement covers all of Dylan's recorded works from 1962 to 2020.

In December 2020, the copyrights to Bob Dylan's entire catalogue of songs were acquired by the world's largest record corporation, Universal Music Publishing Group (UMPG). Bloomberg estimated the deal at $200 million and The New York Times (NYT) at $300 million.

Bob Dylan is the recipient of ten Grammy Awards (1973-2007) and a special Grammy Award for lifetime achievement (1991). In 2004, Rolling Stone magazine voted his song Like a Rolling Stone as the best song of all time. In 2008 Bob Dylan received the Pulitzer Prize "for his outstanding influence on popular music and American culture marked by lyrical compositions of exceptional poetic power".

In 2016, Dylan received the Nobel Prize for Literature. As members of the Nobel Committee stated, it was awarded to the musician for "creating new poetic expressions within the great American song tradition".

The musician has released more than 50 albums during his career.