TECH - What's Going On With Sony Stock On Thursday? | Benzinga
Sony Group Corp’s (NYSE:SONY) Sony Music is negotiating to acquire Queen’s music catalog, including hits like “Bohemian Rhapsody,” potentially making it one of the largest deals of its kind.
The purchase, possibly totaling $1 billion, involves another investor and the talks are ongoing, according to a Bloomberg report. The stock is trading higher on Thursday.
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Music catalog sales have been rising, with artists fetching significant sums. Sony previously acquired ...