In a groundbreaking deal, legendary rock band Queen has announced that they will be selling their music catalogue to Sony music for a whopping £1bn. This deal is said to be the biggest of its kind, surpassing even other iconic musicians like Bruce Springsteen who recently sold his catalogue to Sony for only half the amount.
The agreement will give Sony the rights to Queen’s recorded music, while the band’s surviving members will still receive revenues from live performances. This news comes as a surprise to many music industry insiders, with Nick Reilly of Rolling Stone magazine commenting on the deal by saying, “This shows just how beloved their songs are”.
The iconic band, known for hits like “Bohemian Rhapsody” and “We Will Rock You”, has left a lasting impact on the music industry and continues to be a favorite among fans worldwide. The £1bn deal with Sony music only solidifies Queen’s status as one of the most influential bands of all time.
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