Queen Catalog to Be Acquired by Sony Music for 1 Billion Variety
News Source : Variety
News Summary
- Sony Music is in the process of acquiring Queen's music catalog for £1 billion (around $1
- 27 billion) The only revenue not covered in the deal is for live performances, which founding members Brian May and Roger Taylor will retain
- One other player was said to be very close in the bidding, but stopped short at $900 million
The Queen music catalog, along with a number of other rights, is in the process of being acquired by Sony Music for 1 billion (around $1.27 billion), two sources confirm to Variety. The news was fir [+3867 chars]
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