Second update: American Songwriter has the press release here.
Update: And just like that, Paul’s site (formerly hosted by Warner Brothers) has flipped over to Sony, leaving the news item below gone forever. I’ll try to find a cached version of it, though presumably the press release will turn up eventually.
Legacy Recordings, a branch of Sony, will issue “upgraded and remastered” editions of Paul’s solo catologue:
The albums reissued in 2004 by Warner Bros will be restruck from the 2004 masters with newly added bonus tracks.
Additionally, reference is made to a DVD release of the 1991 Concert in the Park, which has only been released on VHS and Laserdisc.
Presumably Sony (though probably not on the Legacy label) will also issue Simon’s upcoming album, So Beautiful or What, apparently due in March 2011. No word yet on when the Legacy reissues will hit the shelves, though Legacy has already issued The Essential Paul Simon.