The Bonds, They Are A-Changin’

Bob Dylan’s music – soundtrack for the counterculture of 1960s America – now has become a selling point for an unusual bond offering being marketed to institutional investors and wealthy individuals. The Wall Street Journal reports that Sesac Inc., a private Nashville, Tenn., company, is preparing a $300 million bond backed by the cut it receives as a middleman between music companies and songwriters and the outlets that broadcast their music.