Queen’s Billion-Dollar Music Catalog Acquisition: Sony’s Historic Deal Shocks Industry
London, England – Sony Music has secured a deal worth over $1 billion to acquire the music catalog of legendary British rock band Queen, making it one of the most expensive music catalog sales in history. The deal, which excludes revenue from live performances, was confirmed by multiple sources and is expected to be finalized in the coming weeks. Other potential buyers had offered up to $900 million for Queen’s catalog but were outbid by …