Queen in Talks to Sell Catalog for $1 Billion: REPORT
Queen are reportedly in talks to sell their catalog to Sony Music for $1 billion, according to Bloomberg. The report states that Sony are “working with another investor” on the deal that “could potentially total $1 billion,” though it doesn’t guarantee that an agreement will be made. If the deal is a success, it could include merchandising, in addition to their music and other entities. BBC notes that the deal will be the biggest of its kind if it goes through, beating Bruce Springsteen’s $550 million deal with Sony in late 2021. Music Business Worldwide first revealed that Queen had a potenti...