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Bob Dylan Jem Aswad-Senior Björn Ulvaeus Sweden song president Music and Bob Dylan Jem Aswad-Senior Björn Ulvaeus Sweden

ABBA’s Bjorn Ulvaeus Talks CISAC Report and the ‘Immoral’ Treatment of Songwriters by the Music Industry

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Jem Aswad Senior Music EditorIn an understated, very Swedish way, ABBA co-founder and CISAC president Bjorn Ulvaeus is apoplectic.We’re talking about the soaring value of song catalogs — a boom that has seen Bob Dylan sell his catalog for nearly $400 million, and Hipgnosis Songs spending more than $2 billion on acquisitions in just over three years, with another billion-plus on tap.

And yet throughout the industry, the songwriter is at the proverbial bottom of the financial totem pole.“It’s immoral!,” Ulvaeus exclaims.

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