Queen's catalog has been acquired by Sony Music for over $1 billion, according to reports. The billion-dollar acquisition appears to be the most expensive music catalog sale in history.
Legendary British rock band Queen's music catalog has been acquired by Sony Music in a deal worth more than $1 billion, according to reports. On Friday, the music industry trade publication Hits reported that Sony had emerged triumphant in a battle with other recording giants to claim ownership of Queen's catalog for £1 billion . Two sources confirmed the staggering deal to Variety.
Formed in 1970, Queen, which comprised Mercury as lead singer, May as lead guitarist, Taylor as drummer and John Deacon as bass guitarist, became one of the biggest rock acts in the world and is among the best-selling bands of all time.
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