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Bob Dylan sells his entire 600 song catalog – estimated to be worth more than $300 million – to Universal in ‘biggest deal of its kind EVER’

*The catalog contains 600 song copyrights including ‘Blowin´ In The Wind’, ‘The Times They Are a-Changin’, and ‘Knockin´ On Heaven´s Door’

*Financial terms were not disclosed in the announcement made on Monday

*Sir Lucian Grainge, CEO of Universal Music Group, called the songs ‘brilliant and moving, inspiring and beautiful, insightful and provocative’

*Dylan´s songs have been recorded more than 6,000 times, by various artists

*It comes weeks after the singer-songwriter´s musings about anti-Semitism and unpublished song lyrics sold at auction for a total of $495,000

*Dylan has sold more than 125 million records and was awarded the Nobel Prize for Literature in 2016, the first songwriter to receive such a distinction

By Lauren Fruen

For DailyMail.com and Associated Press

Bob Dylan is selling his entire catalog of songs to Universal Music Publishing Group, it was announced Monday.

The collection spans six decades and contains 600 song copyrights including ‘Blowin´ In The Wind,’ ‘The Times They Are a-Changin´,’ ‘Knockin´ On Heaven´s Door,’ and ‘Tangled Up In Blue.’

Financial terms were not disclosed Monday but the collection is thought to be worth more than $300 million, The New York Times reports.

The landmark deal is thought to the biggest deal of its kind ever, the paper adds.

‘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,’ said Sir Lucian Grainge, CEO of Universal Music Group, in a prepared statement.

Dylan, 79, has, until now, retained control of most of his songwriting copyrights.

Dylan has sold more than 125 million records globally. He was awarded the Nobel Prize for Literature in 2016, the first songwriter to receive such a distinction.

His songs have been recorded more than 6,000 times, by various artists from dozens of countries, cultures and music genres, including the Jimi Hendrix version of ‘All Along The Watchtower.’

The transaction’s announcement comes a few weeks after the singer-songwriter´s musings about anti-Semitism and unpublished song lyrics sold at auction for a total of $495,000.

Universial’s CEO Grainge added: ‘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.’

The chief executive of Universal’s publishing division, Jody Gerson, added: ‘To represent the body of work of one of the greatest songwriters of all time – whose cultural importance can’t be overstated – is both a privilege and a responsibility.’

Dylan, first entered the public consciousness with New York City´s Greenwich Village folk scene during the early 1960s.

When he brought an electric guitar on stage in 1965, he split the music community in what was considered a radical departure for an artist.

Dylan then produced three albums back to back in just over a year that are changed the course of rock `n´ roll that decade, starting with ‘Bringing It All Back Home.’

Dylan follows Stevie Nicks who sold part of her songwriting catalog for a reported $80 million to Primary Wave Music last week.

Hipgnosis Songs Fund said it has spent more than $600 million in recent months buying the rights to songs by Blondie, Barry Manilow and others.

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