specialk Posted December 7, 2020 Share Posted December 7, 2020 To Universal. For beaucoup bucks: https://www.cnn.com/2020/12/07/media/bob-dylan-song-catalog/index.html Link to comment Share on other sites More sharing options...
murkat Posted December 7, 2020 Share Posted December 7, 2020 good for him. "Y'a all can't take it with ya..." Link to comment Share on other sites More sharing options...
Steve Haynie Posted December 7, 2020 Share Posted December 7, 2020 At 79 he cashes in. I wonder what his plans are for the money. Link to comment Share on other sites More sharing options...
sonic1974 Posted December 7, 2020 Share Posted December 7, 2020 Yeah, I'm curious too, at this particular time why he did it. Is he going through divorce? At any rate, it's none of my business, even though I'll gossip about it. ha. Maybe we'll be hearing more Dylan songs in movies and tv now. Link to comment Share on other sites More sharing options...
Steve Haynie Posted December 7, 2020 Share Posted December 7, 2020 Dylan's family could continue to manage his likeness and the use of his music in the future. Bob might have other plans. He may want the money in a charitable trust. He might want to throw an endless party for the rest of his life. Bob made the money, so he can do what he wants with it. Link to comment Share on other sites More sharing options...
tomteriffic Posted December 7, 2020 Share Posted December 7, 2020 Stevie Nicks did likewise very recently, I believe her take was $80M. It's seems that several publishing groups are on a buying spree which puts prolific/popular writers into the proverbial "bird in the hand vs. two in the bush" decision. Either one is fine, it's just a question of how one decision or the other fits your plans. I was married into the family of an old-school Tin Pan Alley songwriter. I assume that, by the time he passed, his catalog wasn't all that lucrative or attractive, but he had amassed enough to live quite comfortably in Hollywood and the royalties kept coming in. Eventually they put his grandkids and two great-grands through college. Link to comment Share on other sites More sharing options...
specialk Posted December 7, 2020 Author Share Posted December 7, 2020 1 hour ago, Steve Haynie said: I wonder what his plans are for the money. Is it too late for him to adopt all of us? Link to comment Share on other sites More sharing options...
crunchee Posted December 7, 2020 Share Posted December 7, 2020 7 minutes ago, tomteriffic said: Stevie Nicks did likewise very recently, I believe her take was $80M. It's seems that several publishing groups are on a buying spree which puts prolific/popular writers into the proverbial "bird in the hand vs. two in the bush" decision. Either one is fine, it's just a question of how one decision or the other fits your plans. I was married into the family of an old-school Tin Pan Alley songwriter. I assume that, by the time he passed, his catalog wasn't all that lucrative or attractive, but he had amassed enough to live quite comfortably in Hollywood and the royalties kept coming in. Eventually they put his grandkids and two great-grands through college. +1! There's a lot of money to be had in licensing fees and royalities nowadays, just turn on the TV and check out how many well-known or 'nostalgic' songs (depending on when you grew up listening to them) get used for commercials. Link to comment Share on other sites More sharing options...
Steve Haynie Posted December 7, 2020 Share Posted December 7, 2020 Iron Maiden and David Bowie both sold stock in their catalogs. Iron Maiden then got into the video game market where their music would be part of the games. David Bowie's music along with songs he wrote for others began appearing in advertisements. One has to wonder how many agents represent music artists in Hollywood for the purpose of getting music into movie and television soundtracks. Link to comment Share on other sites More sharing options...
cynic Posted December 7, 2020 Share Posted December 7, 2020 The greatest gift he could give his family was to take all the shit (rights/royalties) that would inevitably rip them apart (no family is above it) off the table. Money is easy to distribute equitably. Link to comment Share on other sites More sharing options...
django49 Posted December 7, 2020 Share Posted December 7, 2020 I am waiting to see which TV show licenses "Desolation Row". They would not even need dialogue for 10 minutes or so. I got a kick out of Charlie McCoy's comments re that session. Link to comment Share on other sites More sharing options...
alantig Posted December 7, 2020 Share Posted December 7, 2020 Eh - it's probably just a mid-life crisis. Link to comment Share on other sites More sharing options...
Disturber Posted December 7, 2020 Share Posted December 7, 2020 And Paul McCartney has fought long with Sony to get his catalogue back. My guess, just a guess, is that Dylan has made some tough terms on how the catalogue shall be handled. He might want his music to live on, and feel that a music publisher will be better at keeping it alive than a bunch of relatives. I've been a music publisher since 1993 and one thing I know is, don't sell your rights without some very tough terms. And a clause that gives you the right to buy it back, should you ever regret what you have done. Link to comment Share on other sites More sharing options...
sonic1974 Posted December 7, 2020 Share Posted December 7, 2020 3 hours ago, django49 said: I am waiting to see which TV show licenses "Desolation Row". They would not even need dialogue for 10 minutes or so. I got a kick out of Charlie McCoy's comments re that session. Is that where he said that Dylan made them wait around forever until he was inspired? And then whenever he asked him if he should try "x" Dylan would say, "I don't know man, what do you think?" I did some googling and that's what I found, but I was curious if you had read something more in-depth? Thanks! Link to comment Share on other sites More sharing options...
sixesandsevens Posted December 7, 2020 Share Posted December 7, 2020 7 hours ago, Steve Haynie said: At 79 he cashes in. I wonder what his plans are for the money. My money is that he starts vlogging his journey of learning to use modular synths. 🤷♂️ Link to comment Share on other sites More sharing options...
crunchee Posted December 7, 2020 Share Posted December 7, 2020 Maybe he figures it's time for his boot heels to be wanderin'. Link to comment Share on other sites More sharing options...
django49 Posted December 7, 2020 Share Posted December 7, 2020 1 hour ago, sonic1974 said: Is that where he said that Dylan made them wait around forever until he was inspired? And then whenever he asked him if he should try "x" Dylan would say, "I don't know man, what do you think?" I did some googling and that's what I found, but I was curious if you had read something more in-depth? Thanks! Well, good old Charlie told a different story than he tells in more recent years. I recall clearly an interview (in print) in the late 60s. I recall him saying it was himself that left after the frustration of sitting through multiple 11+ minute takes. If it was, in fact, only him, Dylan and the bass player (more recent interview) and they did it live. something does not add up. I may be wrong, but think I hear TWO different guitars, as well as the bass and harp. As I recall the interview (old one) talked of McCoy's work on harmonica. And "official" talk seems to be of the second ("flamenco") guitar part being overdubbed later. Who knows the truth? Apparently this song was recorded multiple times. some in an electric version with Kooper and Bloomfield. Now if Dylan did the rhythm AND harp work, while McCoy did the entire lead guitar part live, totally improvised in the studio, my hat is off to all of them. McCoy said the guitar part was way outside his realm, lending more credibility to the overdub idea. Esp after he said that Dylan "sorta showed him the chords" and asked him to play something that fits. BTW, the Dead did a really nice version of the tune live. Link to comment Share on other sites More sharing options...
sonic1974 Posted December 8, 2020 Share Posted December 8, 2020 Thanks for that django, interesting stuff. Link to comment Share on other sites More sharing options...
The Shark Posted December 8, 2020 Share Posted December 8, 2020 I would bet this is "estate planning". He doesn't need the money and it may be this is the best offer he's ever received. Link to comment Share on other sites More sharing options...
cynic Posted December 8, 2020 Share Posted December 8, 2020 2 hours ago, django49 said: BTW, the Dead did a really nice version of the tune live. No they didn't Link to comment Share on other sites More sharing options...
scottcald Posted December 8, 2020 Share Posted December 8, 2020 12 hours ago, Steve Haynie said: At 79 he cashes in. I wonder what his plans are for the money. Probably to buy some of those EVH guitars coming on market. 😄 Link to comment Share on other sites More sharing options...
django49 Posted December 8, 2020 Share Posted December 8, 2020 13 minutes ago, cynic said: No they didn't Different strokes. At least it sounded good to me.....Round about 30 years ago. 😉 Link to comment Share on other sites More sharing options...
specialk Posted December 8, 2020 Author Share Posted December 8, 2020 Just shows how really rare solid, prolific songwriters are. And how hard solid songs are to come up with. Imagine the price of Paul Simon's catalog. And they're worth every penny. Link to comment Share on other sites More sharing options...
scottcald Posted December 8, 2020 Share Posted December 8, 2020 1 hour ago, specialk said: Just shows how really rare solid, prolific songwriters are. And how hard solid songs are to come up with. Imagine the price of Paul Simon's catalog. And they're worth every penny. I'd read in an interview with Simon years ago that he used a notebook per song. Each page would be a line. He'd write the line at the top and refine it. the bottom of each page was the final lyrics. Seemed pretty brilliant to me at the time. Link to comment Share on other sites More sharing options...
django49 Posted December 12, 2020 Share Posted December 12, 2020 On 12/7/2020 at 5:57 PM, The Shark said: I would bet this is "estate planning". He doesn't need the money and it may be this is the best offer he's ever received. Further to that point......There have been serious proposals floated to change the federal tax system that would affect the way such sales are taxed. If enacted, and if the changes were retroactive to January 1, 2021, recognizing the gain in 2020 rather than gambling and waiting until next month could save Bobby something on the order of $60 million in taxes at the federal level alone. You might just call that "ASTUTE planning". I know a few folks who are contemplating triggering serious gains before December 31 ends, albeit none of them in the nine figure range........ Link to comment Share on other sites More sharing options...
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