Sony Music discusses acquiring Queen's music catalog, including "Bohemian Rhapsody," in a $1bn deal.
Sony Music is in talks to acquire Queen's music catalog, including hits like "Bohemian Rhapsody," in a potential $1bn deal. Discussions also involve merchandising and business opportunities. Sony is working with another investor and has acquired half of Michael Jackson's music catalog for $600m. The music catalog value rise is due to the growth of paid streaming services and low interest rates.
May 29, 2024
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