Paul Simon, the legendary singer-songwriter, has sold his entire music catalog to Sony Music Publishing. The financial details of the deal were not disclosed.
Simon, who has been writing and performing music for over six decades, is one of the most influential figures in American music. His catalog includes classics like "Graceland," "The Sound of Silence," and "Bridge Over Troubled Water."
According to Billboard, the deal includes all of Simon's compositions and his share of songwriting credits for songs he wrote with Art Garfunkel. The agreement also covers Simon's future compositions.
Sony Music Publishing is a leading global music publisher, representing over 2 million copyrights and controlling some of the most iconic songs in history. The acquisition of Simon's catalog adds to their impressive roster of songwriters.
The sale of music catalogs has become increasingly popular in the music industry, with artists like Bob Dylan, Neil Young, and Beyoncé selling theirs for substantial sums. These deals highlight the value of music rights, which can generate revenue through royalties from streaming services, synchronization licenses for film and TV, and live performances.
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