Rights to Queen’s songs could be sold for $1 billion – The Times

British rock band Queen’s song catalog could be sold for $1 billion, the biggest deal in music industry history. The rights to Queen’s music are partially owned by Disney Music Group, and their potential buyer is Universal Music Group.

Rights to Queen’s songs could be sold for $1 billion – The Times

The rights to the songs of Queen – one of the most popular rock bands in the world – can be sold for $ 1 billion. writes The Times.

The potential buyer of Queen’s song catalog is called Universal Music Group. According to the publication, the group is actively negotiating with the owner of the rights – Disney Music Group – although the latter denied the fact of negotiating.

Disney Music Group only owns the rights to Queen songs in North America. International rights to the work of Queen belong to the foundation of the family of its founder Freddie Mercury, his beloved Mary Austin and members of the group.

If the deal goes through, it will be the largest in the history of the music industry, the newspaper said. Bruce Springsteen sold the rights to all of his songs to Sony Music Entertainment for $550 million in 2021, Hipgnosis Songs Capital bought Justin Bieber’s entire catalog of songs in 2023 for $200 million.

Cover photo: Mo Photography Berlin / Shutterstock

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