Queen Is the Music-Catalogue Sale Champion

Time for the accountant to go ga ga: Queen has offered their audio catalogue to Sony for $1.2 billion, earning it the greatest-ever sale in the historical past of these acquisitions. (For comparison, that’s additional than the price tag of Bruce Springsteen and Bob Dylan’s income put together.) Wide range reports that the deal is nevertheless in the approach of closing — when it does, the enterprise will personal all of Queen’s recording and publishing legal rights for their infinite string of stadium anthems, as well as name and likeness legal rights. This latter inclusion, a rarity, means Sony can go after whatsoever inventive pursuits with the Queen model it deems healthy, whether it is a Sam Mendes–esque movie universe or a different jukebox musical. (Be sure to really don’t inform Rami Malek the news.) The band joins other rock elders who have cashed in on their catalogues in modern years, which, in addition to Springsteen and Dylan, features Genesis, Neil Youthful, Sting, and Stevie Nicks. But none have cracked the billion threshold until finally now. That’s royalty for you.