Queen will reportedly sell their music catalog to Sony Music for more than $1 billion.
fame and fortune and everything that goes with it for the past half a century, and now the champions are getting ready for a victory lap.. The magazine reports that the only rights Sony will not retain are those of live performances, as guitarist Brian May and drummer Roger Taylor still tour under the band’s name., augmented the value of songs like “Bohemian Rhapsody,” “We Will Rock You,” “We Are the Champions,” and “Somebody to Love.
Distribution rights would eventually move from Universal to Sony within the next couple of years depending on the country where the music is sold. Universal will continue to distribute the music in North America, though, since Disney will hold onto those rights.In addition to the music rights, Sony will own Queen’s name and likeness, according to Hits. This could mean that Sony could use the group’s songs in a jukebox musical to generate further income.
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