Paul Simon joins trend to monetize old song catalogs

(Photo: NYTimes)
Paul Simon has sold his entire song catalog to Sony Music Publishing, joining a string of older musicians cashing in on their life’s work. Sony Music Publishing said on Wednesday the deal includes classic songs ranging from “Bridge Over Troubled Water,” to “Still Crazy After All These Years” that Simon wrote and recorded over his six-decade career. The value of the deal was not disclosed.اضافة اعلان

Simon, 79, a 16-time Grammy winner who in 2018 announced he was retiring from touring, said in a statement he was “pleased to have Sony Music Publishing be the custodian of my songs for the coming decades.” The sale is the latest in a string of deals that includes the music of Bob Dylan, Stevie Nicks, and Neil Young.