Bob Dylan’s Share of Traveling Wilburys Acquired by Primary Wave Music (EXCLUSIVE)
variety.comJem Aswad Senior Music EditorBob Dylan’s share of the Traveling Wilburys has been acquired by Primary Wave Music — an asset that most people probably did not realize was not included in the Nobel Prize-winning artist’s nine-figure deals with Universal Music Publishing and Sony Music.Dylan’s master royalties and neighboring rights royalties for both of the group’s albums, as well as a 2007 box set, are included in the deal.
Terms were not disclosed.The Wilburys were a supergroup comprised of Dylan, George Harrison, Tom Petty, Jeff Lynne and Roy Orbison, and released two albums filled with lighthearted, not-too-serious songs in contrast to their usually weighty work.
Orbison died of a heart attack just weeks after the first album was released in 1988, but the four continued as a quartet for a second album, jokingly titled “Vol.
3.” Powered by songs like “Handle With Care,” “End of the Line” and “She’s My Baby,” the albums were a surprise pop hit, with the first one winning a Grammy and being certified triple platinum and both reaching top 5 in several countries — No.
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