10/7/2023 0 Comments Bob dylan songbook sale![]() ![]() in 2019, a 21% increase over 2018, according to the Digital Media Association’s 2020 Streaming Forward Report. Music streaming revenues hit $10.3 billion in the U.S. “The boom in streaming has caused a boom in the valuations of music, both recorded music and publishing,” said Levine. So Levine walked MarketWatch through some of the reasons that singer-songwriters are signing over their songbooks right now. And now Dolly Parton is mulling a catalog sale, too. ![]() Pop/rock group Imagine Dragons sold their back catalog for more than $100 million to Concord Music Publishing in August.Īnd the Hipgnosis Songs Fund, which buys hit catalogs and then gives investors the chance to make money from the royalties, also spent about $670 million from March 2020 to September 2020 alone on acquiring the rights to more than 44,000 songs by Blondie, Rick James, Barry Manilow, Chrissie Hynde of the Pretenders and others. In November, Fleetwood Mac singer-songwriter Stevie Nicks sold 80% of her rights to her own songwriting catalog, including hits like “Landslide” and “Edge of Seventeen,” to music publisher Primary Wave for a reported $100 million. Read more: Neil Young strikes heart of gold with 50% sale of song catalog to publishing house publishing house announced Wednesday, including “Heart of Gold,” “Rockin’ in the Free World” and “Cinnamon Girl.” The deal is estimated to carry a $150 million price tag Neil Young has sold half the rights to his song catalog to Hipgnosis Song Fund, the U.K. In fact, artists have been selling parts of their songbooks in droves.įrom the archives (Ooctober 2016): Bob Dylan is also a brilliant economist But Dylan isn’t the first artist to offload his catalog this year. And only the Beatles, perhaps, could rival this deal in value and influence. The scope of Dylan’s deal is also in a league of its own because he owned most of his own songwriting copyrights.
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