Cult American musician and Nobel laureate in literature Bob Dylan has sold all his songs to Sony Music. Now Dylan's music will be released only under this label. Sony also acquired the rights to Dylan's future releases. The cost of the deal is estimated at $200 million, however, the amount of the contract is not officially known.
Dylan's most famous songs were written in the 60s of the last century. He is best known for Blowin’ in the Wind, The Times They Are a-Changin’ and other compositions.
In 2016, Bob Dylan received the Nobel Prize in Literature.