This song is a four minute plea to a girl to stay together as friends. The girl appears to think that the narrator wants to progress their friendship, but the narrator continually assures her that "All I really want to do, is baby, be friends with you." This was likely to have been inspired by Dylan's separation from Suze Rotolo, who he dated between 1961 and 1964.
This formed part of Dylan's acoustic set on July 24, 1965 at the Newport Folk Festival. The next day, Dylan would perform again, only this time with a fully amplified band. This sparked outrage among the crowd of strict folk fans, who booed throughout Dylan's performance.
The Byrds and Cher both released a cover of this in 1965. This sparked a chart battle between the two artists. In the US, Cher's version proved most popular, peaking at #15 in comparison to The Byrds' #40. In the UK, the opposite was the case. The Byrds' cover version became the fastest selling single in CBS Records' history, peaking at #4 in comparison to Cher's #9.
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