Queen sell music catalog for a historic $1.2-billion

Updated June 21, 2024, 11:06 a.m. | By Poelano Malema

The rock legends have made a pretty penny from the deal.

Queen has become the latest band to sell its music catalog.

According to Rolling Stone, the rock legends sold their catalog for a whopping £1-billion, approximately $1.2-billion.

The catalog was bought by Sony Music.

However, the deal doesn’t feature monies connected to live performances.

According to Forbes, the 'acquisition appears to be the largest purchase for a single artist’s catalog in history'.

The British rock band was formed in 1971 and is still active.

It has released countless top-charting songs, including 'We Will Rock You' and 'Bohemian Rhapsody'.

Their 14th album, 'A Kind Of Magic', released in 1986, is one of their most successful projects.

READ: Rocking Guns N’ Roses tribute show on Friday Live

In the past five years, several artists have sold their catalogs.

In 2021, Bruce Springsteen sold his music catalog for $500-million to Sony Music.

Shakira also sold her music catalog which consisted of 145 songs. Read more about it here.

In 2022, Justin Timberlake sold his catalog for a whopping $100-million (over R1.5-billion) to Hipgnosis.

Justin Bieber sold his catalog for $200-million in 2023.

This year, Sony acquired half of the Michael Jackson's publishing and recorded masters catalog and paid a whopping $600-million.

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