Bob Dylan sells rights to all his songs to Universal Music Group for reported $400 million

Bob Dylan has sold publishing rights to his catalogue of more than 600 songs, one of the greatest treasures in popular music, for hundreds of millions of dollars.

The catalogue, sold to Universal Music Group’s publishing arm, includes such modern standards as Blowin’ In The Wind, Tangled Up in Blue, Knockin’ On Heaven’s Door, and Like a Rolling Stone, a body of work that may only be matched for its breadth and influence by the Beatles.

“The deal is the most significant music publishing agreement this century and one of the most important of all time,” UMG said in a press release.

The 79-year-old songwriting legend, one of the defining figures of 20th Century popular music, earned an estimated $400 million from the sale, according to The…