4.6 • 716 Ratings
🗓️ 17 December 2020
⏱️ 9 minutes
🧾️ Download transcript
Today is Thursday, December 17, and we’re looking at Universal Music vs. Hipgnosis Songs Fund.
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| 1:09.5 | December 17th. Ah, the times they're changing. |
| 1:14.0 | Yeah, you heard me right. And in what a big way, Bob Dylan sold his entire back catalog of music to Universal Music Group earlier this month. |
| 1:23.9 | Price wasn't made public, but estimates range from $300 million. The catalog contains about |
| 1:31.0 | 600 songs composed over 60 years. Over the years, Dylan has sold more than 125 million records. |
| 1:37.9 | And at 79 years old, he's still performing globally. For the last several decades, until the |
| 1:42.7 | pandemic, he performed more than 100 concerts |
| 1:45.5 | per year. Not surprisingly, the sale made tsunami-sized waves. The New York Times called it a |
| 1:51.6 | blockbuster deal and said it may be the largest sale in history of a single songwriter's music. |
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