Sony Music is in talks to acquire Queen’s music catalogue in what could be one of the biggest ever deals of its kind.
in talks to acquire Queen ’s music catalogue, which includes hits such as Bohemian Rhapsody, in what could be one of the biggest ever deals of its kind.
The talks, which also cover merchandising and other business opportunities, are ongoing and may not result in an agreement, according to the people. A spokesman for Sony declined to comment. A representative for Queen could not be reached for comment. Artists have been selling their catalogues to investors for increasing sums in recent years. Earlier this year, Sony acquired a half interest in pop star Michael Jackson’s music catalogue from the late singer’s estate for at least $600-million, Billboard reported. Bob Dylan also sold his recordings to Sony in 2022.
Productions, which produced revenue of £40.9-million for the year ended 30 September 2022, according to the latest available filings.
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