The music rights of the world-famous rock band Queen were sold for 1.2 billion dollars. Thus, it became the highest priced catalog sale in music history.
Rock band that went down in world music history Queen, has many hit songs in his career such as Bohemian Rhapsody, We Will Rock You, We are the Champions, I Want to Break Free. Sony Music purchased the rights to a catalog of hit songs and best-selling albums of the band, which was founded in 1970 and achieved great success in its decades-long career, for a historic sum of $ 1.2 billion.
The only exception to this historic agreement was the band’s live performances. Freddie mercury Along with the new lead singer Adam Lambert, who joined the band after his death, the band’s founding members Brian May and Roger Taylor continue to actively perform live. The proceeds from these performances will remain with the group.
Biggest sale in history
This purchase is the first single purchase made for the catalog of a single artist or band in music history. biggest purchase It went down in history as. No acquisition to date has managed to exceed $1 billion.
Actually Sony Music, Michael Jackson’s He also bought half of the music catalogue. In that purchase, the famous singer’s catalog was valued at $1.2 billion. Sony Music also paid $600 million for the part it purchased.
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Source :
https://www.haberturk.com/efsanevi-queen-grubunun-muzik-haklari-1-2-milyar-dolara-satildi-3697137-magazin
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