Sony reportedly in talks to buy Queen’s music catalog for staggering $1 billion
NY Post
Sony Music may be looking to pay a king’s ransom to acquire the rights to Queen’s music catalog.
The entertainment giant is in talks to pay a whopping $1 billion for the British rockers’ song book, which include hits like “Bohemian Rhapsody” and “We Will Rock You,” in one of the biggest deals ever, Bloomberg reported Wednesday.
Sony is reportedly teaming up with another unnamed investor on the staggering offer, which would also cover merchandising and other business opportunities.
The company paid $600 million to acquire half of Michael Jackson’s music catalog in February. Bob Dylan also sold his catalog to Sony in 2022 in a deal estimated to be worth about $200 million, The New York Times reported.
Sony Music did not comment. Reps for Queen did not immediately return requests for comment.
The band remains one of the most enduring acts, with Adam Lambert replacing the late frontman Freddie Mercury, who died in 1991.
