SONY - 'Is This Just Fantasy?' Sony Buys Queen Music Catalog For Over $1 Billion | Benzinga
Sony Group Corp. (NYSE:SONY) is poised to acquire Queen’s music catalog in a groundbreaking deal worth £1 billion (US$1.27 billion).
According to Hits‘ Rumor Mill, Sony Music Entertainment will secure Queen's recording and publishing rights. The deal, later confirmed by Variety, includes royalties from previous agreements with Disney Music Group and Universal Music Group NV (OTC:UMGNF).
Queen's catalog includes iconic songs such as “Bohemian Rhapsody,” “Another ...