Bob Dylan將全部歌曲目錄出售給Universal Music Publishing

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  • Bob Dylan將全部歌曲目錄出售給Universal Music Publishing


    ◎2020年的歌曲目錄交易達到一個不可能達到的最高峰:(Universal Music Publishing Group)以驚人的協議收購了(Bob Dylan)的全部歌曲目錄,涉及60年來的600多個版權,從1962年的《Blowin’ in the Wind》到今年的《Murder Most Foul 》。
    ◎(Bob Dylan)的目錄先前由他自己的公司在美國管理;(Sony/ATV Music Publishing)的代表表示,在協議終止後的幾年內,它將繼續在美國境外管理(Dylan)的目錄。
    ◎具體條款沒有透露,但據說金額在3億至4億美元之間。(Stevie Nicks)上週以1億美元的價格,將其出版目錄的80%出售給(Primary Wave),顯示市場變得多麼強大。
    ◎(Bob Dylan)長期以來一直控制著他絕大多數作品的版權。他的歌曲的影響力不可低估:2016年,他是第一位獲得諾貝爾文學獎的詞曲作者。根據UMPG的說法,在過去的60年中,他的歌曲已被全世界眾多藝人錄製了6,000多次,特別是諸如《Blowin’ in the Wind》,《The Times They Are a-Changin》,《Like A Rolling Stone》,《Lay Lady Lay》,《Forever Young》》,《Knockin’ On Heaven’s Door》,《Tangled Up In Blue》,《 Gotta Serve Somebody》,及獲得奧斯卡獎的《Things Have Changed 》等等。自1961年發行第一張專輯以來,現年79歲的迪倫(Dylan)在全球範圍內已售出超過1.25億張唱片。儘管受到大流行的影響,但自1988年以來,他一直不懈地巡迴演出,每年演出100多場。
    ◎即使在大流行中,過去幾年版權的價值也在飛漲。雖然音樂產業,尤其是現場娛樂業受到封鎖的嚴重破壞,但唱片音樂和音樂出版已被證明是強大的資產。最近幾週,從(Calvin Harris)到(Killers)等藝人,已將目錄資產出售給私募股權公司,而(Hipgnosis Songs)則積極進軍該行業,自2018年中期以來,目錄收入超過10億美元。


    UPDATED: The song-catalog bonanza of 2020 just hit a peak that is not likely to be topped: Universal Music Publishing Group has acquired Bob Dylan’s entire catalog of songs in a blockbuster agreement encompassing more than 600 copyrights spanning 60 years, ranging from 1962’s “Blowin’ in the Wind” to this year’s “Murder Most Foul.”
    His catalog was previously administered in the U.S. by his own company; a rep for Sony/ATV Music Publishing tells Variety that it will continue to administer Dylan’s catalog outside of the U.S. through the end of their agreement “in several years.”
    Terms were not disclosed, but the amount is said to be between $300 million and $400 million. Stevie Nicks sold 80% of her publishing catalog to Primary Wave last week for a reported $100 million, demonstrating just how robust the market has become.
    Dylan has long controlled the rights to the vast majority of his compositions. Since the UMPG deal makes no mention of future compositions, presumably he is free to sign a new deal for them, although he has released just two albums of original material in the past decade.
    The influence and impact of Dylan’s songs cannot be overstated: In 2016, he was the first songwriter to be awarded the Nobel Prize for Literature, cited by the Swedish Academy “for having created new poetic expressions within the great American song tradition.” According to UMPG, his songs have been recorded more than 6,000 times over the past six decades, by a vast array of artists all across the world, particularly songs such as “Blowin’ in the Wind,” “The Times They Are a-Changin’,” “Like A Rolling Stone,” “Lay Lady Lay,” “Forever Young,” “Knockin’ On Heaven’s Door,” “Tangled Up In Blue,” “Gotta Serve Somebody,” the Academy Award-winning “Things Have Changed” and so many more. Since the release of his first album in 1961, Dylan, 79, has sold more than 125 million records around the world, and, although sidelined by the pandemic, he has toured relentlessly since 1988, performing more than a hundred shows each year since.
    In an internal memo announcing the deal to the staff, UMG chairman/CEO Lucian Grainge said, “Great songwriters recognize authenticity and gravitate to those companies whose people honor their creativity and, in turn, create true value for their work. And that is exactly what’s happened here because of our incredible publishing company led by [chairman/CEO] Jody Gerson. I want to thank Jody, [COO] Marc Cimino and the entire family at UMPG for being, without a doubt, the best at what they do. They have turned a once-in-a-lifetime opportunity into a reality.”
    Even amid the pandemic, over the past couple of years copyrights have skyrocketed in value. While the music industry, and live entertainment in particular, have been deeply damaged by the lockdown, recorded-music and music publishing have proven to be strong assets. The expected tax policies of the incoming Biden administration have heated up the market even more: In recent weeks artists ranging from Calvin Harris to the Killers have sold catalog assets to private equity firms, and Hipgnosis Songs has made an aggressive move into the industry, spending more than $1 billion on catalogs since mid-2018, largely by successful, non-superstar songwriters and producers.
    However, the Dylan-UMPG deal is exceptional on every level — not least for the quality and timelessness of the catalog, and the fact that a traditional publisher, rather than an investment fund or private equity concern, is making the acquisition.
    In a statement announcing the deal, Gerson said, “To represent the body of work of one of the greatest songwriters of all time — whose cultural importance can’t be overstated — is both a privilege and a responsibility. The UMPG global team is honored to be Bob Dylan’s publishing partner, and I especially want to acknowledge [COO] Marc Cimino, whose passion and perseverance were instrumental in bringing this opportunity to us. We look forward to working with Bob and the team in ensuring his artistry continues to reach and inspire generations of fans, recording artists and songwriters around the world.”
    Grainge said in his official statement: “As someone who began his career in music publishing, it is with enormous pride that today we welcome Bob Dylan to the UMG family. It’s no secret that the art of songwriting is the fundamental key to all great music, nor is it a secret that Bob is one of the very greatest practitioners of that art. Brilliant and moving, inspiring and beautiful, insightful and provocative, his songs are timeless—whether they were written more than half a century ago or yesterday. It is no exaggeration to say that his vast body of work has captured the love and admiration of billions of people all around the world. I have no doubt that decades, even centuries from now, the words and music of Bob Dylan will continue to be sung and played — and cherished — everywhere.”