Bob Dylan sells his master recordings to Sony Music

Bob Dylan has sold the master recordings to his entire back catalogue to Sony Music, in the industry's latest blockbuster music acquisition. The 80-year-old has also extended his recording contract with Sony's Columbia Records imprint, promising "Multiple future new releases", the label said in a press release. One of rock's most influential and ground-breaking artists, Dylan's body of work made him the first songwriter to be awarded the Nobel prize in literature in 2016, and he has sold more than 125m records worldwide. In a statement, Dylan added: "Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records. The acquisition comes amidst a years-long record industry spending spree, with record labels and investment firms snapping up the rights to songs and recordings by the likes of David Bowie, Fleetwood Mac, Tina Turner, Blondie, Taylor Swift, David Guetta and Shakira.

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