Bob Dylan

NPR (and everyone else) reports that Bob Dylan has sold his entire back catalogue for around 300 million.

The internet was meant to kill record labels. Instead, music streaming has turned (certain) music catalogues into valuable assets with reliable income streams.

For a wonderful series on how changes in the way we listen to music are affecting back catalogues and the music industry’s business model, see “The death of cultural transmission” on Alphaville. Part 2.

There is no paywall, you only need to register for an account. They are well worth following.

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