Queen in Talks to Sell Music Catalogue to Sony for $1 Billion
Potential deal includes iconic songs, merchandise rights, and other business opportunities, marking a historic transaction in the music industry.
- Negotiations have been ongoing since last year and may not result in a sale.
- The deal would surpass previous high-value sales, including Bruce Springsteen's and Michael Jackson's catalogues.
- Queen's music remains highly popular, contributing to their lucrative catalogue value.
- The band members and Freddie Mercury's estate equally share the proceeds from Queen Productions Ltd.
- Disney Music Group owns Queen's recorded music rights in North America, complicating the deal.