Paul Simon is the latest major musician to part with their songwriting catalogue. Rolling Stone reported the 79-year-old legend has inked a deal to sell his publishing rights to Sony Music Publishing, with the company purchasing “the total collection of his catalogue.” No financial details were released regarding the deal.
Last year, Bob Dylan sold his entire music publishing catalogue to Universal Music Publishing Group (UMPG) for an estimated $500 million. So far, Simon is the only other songwriter of that caliber from the same era to have put their catalogue on sale.
The deal with Sony covers all of Simon's work — from his earliest songs from his Simon & Garfunkel days through his most recent original album, 2016's Stranger To Stranger.