Bob Dylan is the latest artist to sell his music catalog. The musician's $200 million deal with Sony Music Entertainment will give the company rights to all of Dylan's recorded music since 1962
Bob Dylan is the latest artist to sell his music catalog. The musician's $200 million deal with Sony Music Entertainment announced Monday will give the company rights to all of Dylan's recorded music since 1962.
His decision to sell his catalog is part of a recent trend among some top artists, including Bruce Springsteen, Neil Young and Stevie Nicks. If it seems like these music icons are all rushing to ink deals, you're right."It is a great time to sell, especially last year when capital gains taxes were going to go up under the Biden administration. Everyone was trying to sell before December 31 so it wouldn't be taxed [as high].
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