Title : "The price was not disclosed, but is estimated at more than $300 million."
link : "The price was not disclosed, but is estimated at more than $300 million."
"The price was not disclosed, but is estimated at more than $300 million."
It says at "Bob Dylan Sells His Songwriting Catalog in Blockbuster Deal/Universal Music purchased his entire songwriting catalog of more than 600 songs in what may be the biggest acquisition ever of a single act’s publishing rights" (NYT).$300 million is not enough.
Dylan’s deal includes 100 percent of his rights for all the songs of his catalog, including both the income he receives as a songwriter and his control of each song’s copyright. In exchange for its payment to Dylan, Universal, a division of the French media conglomerate Vivendi, will collect all future income from the songs.
Scary!
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