Another of Minnesota's Grammy-winning songwriters has sold the rights to his tunes to a new publishing company.
Semisonic frontman Dan Wilson — who has also co-written songs with Adele, the Chicks, Taylor Swift and other platinum-selling artists — followed the lead of Bob Dylan and cashed in on his song publishing during what seems to be a hot market for such deals.
Publishing deals were also announced in recent weeks by handlers for Neil Young and Stevie Nicks. The latter sold hers to the same company that bought up Wilson's trove of songs, New York-based Primary Wave Music Publishing, which announced its purchase of the Wilson canon late last week.
"The musical art that Dan has created as a songwriter is undeniable," Primary Wave president Justin Shukat said in a statement. "His work has been enjoyed by fans around the world through both the lens of his own band, Semisonic, as well as through the voices of the countless artists he's collaborated with and written for."
A dollar amount with the deal was not revealed. It undoubtedly wasn't anywhere near the $300-$400 million estimated to be taken in by Dylan last month, but a sizable payday could be expected for a catalog that includes songs on albums by some of the top-selling artists of the 21st century.
Not to mention: The deal also includes "Closing Time," Semisonic's chart-topping 1998 hit, which continues to live on in '90s nostalgia circles, TV series and sporting events.
Wilson has — as politely as always — declined to comment on his decision to sell.
His song publishing is not his only major property up for sale: The Los Angeles Times reported Tuesday that Wilson's hillside Sherman Oaks home has been listed for $2.5 million, about $1 million more than he and his wife Diane Espaldon paid for it a decade ago after they left Minneapolis for the West Coast with their two daughters.