Paul Simon sells his entire songwriting catalog to Sony
The First Art Newspaper on the Net    Established in 1996 Wednesday, December 4, 2024


Paul Simon sells his entire songwriting catalog to Sony
Paul Simon in Vienna, Va., June 27, 2016. Simon has sold his entire songwriting catalog — including classics like “Bridge Over Troubled Water,” “The Sound of Silence” and “Still Crazy After All These Years” — to Sony Music Publishing, in the latest blockbuster transaction in the music publishing business. T.J. Kirkpatrick/The New York Times.

by Ben Sisario



NEW YORK (NYT NEWS SERVICE).- Paul Simon has sold his entire songwriting catalog — including classics like “Bridge Over Troubled Water,” “The Sound of Silence” and “Still Crazy After All These Years” — to Sony Music Publishing, in the latest blockbuster transaction in the music publishing business.

In its announcement of the deal Wednesday, Sony gave few details, other than it was acquiring the “complete collection” of Simon’s compositions, including his work with Simon and Garfunkel and his solo material.

The database of BMI, the performing rights organization that Simon is affiliated with, lists more than 400 titles under his name.

Simon’s catalog includes some of the most popular songs of the past half-century. According to BMI, “Bridge Over Troubled Water” — first released by Simon and Garfunkel in 1970, and since then covered by artists including Aretha Franklin and Elvis Presley — has had more than 5 million broadcast performances.

Among the other songs in the collection are “The Boxer,” “Homeward Bound,” “I Am a Rock,” “Me and Julio Down by the Schoolyard,” “50 Ways to Leave Your Lover,” “Graceland” and “Mrs. Robinson,” which was featured prominently in the 1967 film “The Graduate.”

Financial terms were not announced. But the deal with Simon comes as transactions for high-profile songwriting catalogs — which include the copyrights for compositions, which are separate from recordings — have traded for prices well into the nine figures, lifted in part by the increasing income of streaming.

In December, Bob Dylan sold his catalog of more than 600 songs to Universal Music for more than $300 million. Neil Young sold half of his copyrights to Hipgnosis Songs Fund for a price estimated at $150 million, and Stevie Nicks sold a majority of her rights in a deal that valued her catalog at $100 million.

In a statement, Simon said he was pleased to have Sony as “the custodian of my songs for the coming decades,” and added: “I began my career at Columbia/Sony Records and it feels like a natural extension to be working with the publishing side as well.”

Jon Platt, the chief executive of Sony Music Publishing, called Simon “a masterful, once-in-a-lifetime songwriter whose remarkable body of work has generated an enduring influence on our culture and consciousness.”

The deal is an important one for Sony, whose publishing division — which until recently was known as Sony/ATV — is the biggest in the industry but has had several high-profile defections recently.

Sony administers Dylan’s catalog around the world, and will lose that account once the term of his contract expires in a few years. Last year, Sony also lost Taylor Swift, who had signed with the company as a teenager but went to Universal Music, where she has also signed as a recording artist.

© 2021 The New York Times Company










Today's News

April 2, 2021

It's time to put Alice Neel in her rightful place in the pantheon

Museo Jumex presents 'Normal Exceptions: Contemporary Art in Mexico'

Exhibition presents the Clyfford Still Museum art collection in two complementary but alternate ways

Kunstmuseum Luzern opens first comprehensive solo exhibition dedicated to Rinus Van de Velde's work

Kehrer Verlag publishes 'Fotogalleriet Oslo (Hrsg.) Conversations on Photography'

Christie's announces Magnificent Jewels New York

New book features ancient Egyptian treasures from the Worcester Art Museum

Paul Simon sells his entire songwriting catalog to Sony

Live performing arts are returning to New York, but not all at once

Pace Gallery appoints Christiana Ine-Kimba Boyle as first Online Sales Director

Works by Ernst Haas to be offered at Bonhams New York Photography sale

James Cohan opens an exhibition of new work by Elias Sime

China Guardian Hong Kong Spring Auctions 2021 to take place at HKCEC offering nearly 1,300 lots

di Rosa Center for Contemporary Art prominently places Mark di Suvero sculpture at entrance to property

Ryan Lee opens exhibition of new photo-based images by Clifford Ross

'The Guide' by John Myers published by RRB Photobooks

Times Square Arts presents Allison Janae Hamilton's "Wacissa" for April Midnight Moment

With guitars played by Bruce Springsteen, Bob Dylan and Metallica's Kirk Hammett, this auction goes to 11

Vienna's Secession opens an exhibition of works by Yuji Agematsu

GRIMM opens a new solo exhibition by Caroline Walker

Art Rotterdam 2021 summer edition: Indoor and outdoor exhibitions

394-pound meteorite will be auctioned online, April 6th, by Gallery 63

'Wish you were here': Postcards help Germans connect in pandemic

With open ears, Indian ragas and western melodies merge

Msum D2L

How Online Casino Reviews Can Help You

Quick and Easy Artistic Home Décor Updates

Look At Some Interesting Advantages Of Candle Holders

Sean Kirtz Successful Entrepreneur Story

Several surprising facts about Leonardo da Vinci

Igal Ahouvi - Entrepreneur and an Art collector

What Promises Should Players Make Before Playing Slots Online And Offline?




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful