Dec. 7 (UPI) -- Universal Music Publishing Group announced Monday it has acquired music legend Bob Dylan's complete song catalog, which spans 60 years.
The terms of the deal were not disclosed.
"It's no secret that the art of songwriting is the fundamental key to all great music, nor is it a secret that Bob is one of the very greatest practitioners of that art," Lucian Grainge, chairman and chief executive officer of Universal Music Group, said in a statement.
"Brilliant and moving, inspiring and beautiful, insightful and provocative, his songs are timeless -- whether they were written more than half a century ago or yesterday. It is no exaggeration to say that his vast body of work has captured the love and admiration of billions of people all around the world. I have no doubt that decades, even centuries from now, the words and music of Bob Dylan will continue to be sung and played -- and cherished -- everywhere."
The folk singer-songwriter and civil rights icon is known for his hits "Blowin' in the Wind," "The Times They Are a-Changin'," "Like a Rolling Stone," "Lay Lady Lay," "Forever Young," "Knockin' On Heaven's Door," "Tangled Up In Blue," "Gotta Serve Somebody," "Make You Feel My Love" and "Things Have Changed."
Dylan, 79, has earned 10 Grammy Awards, the Presidential Medal of Freedom, a Golden Globe and an Oscar throughout his storied career.
That year, the University of Tulsa and the George Kaiser Family Foundation acquired his archive of letters, photographs, videos and manuscripts.
The entertainer has sold more than 125 million records and, before the coronavirus pandemic hit, had been performing about 100 shows a year.