"The price was not disclosed, but is estimated at more than $300 million."

It says at "Bob Dylan Sells His Songwriting Catalog in Blockbuster Deal/Universal Music purchased his entire songwriting catalog of more than 600 songs in what may be the biggest acquisition ever of a single act’s publishing rights" (NYT). 

$300 million is not enough. 

Dylan’s deal includes 100 percent of his rights for all the songs of his catalog, including both the income he receives as a songwriter and his control of each song’s copyright. In exchange for its payment to Dylan, Universal, a division of the French media conglomerate Vivendi, will collect all future income from the songs. 

Scary!

IN THE COMMENTS: I'm Full of Soup said... 

Dylan has obviously been warned Biden is threatening to raise the capital gains tax by 100% from the current rate of 20% to about 40%. If Dylan waited til that happened, it'd cost him $60MM more in added taxes on his $300MM.