Sony Music Queen 's music catalog . The information was reported by Bloomberg . The website indicates that the record label is working with another investor on this transaction. The total value of the deal could reach US$1 billion — or more than R$5 billion.
If finalized, the agreement will cover the band's music — which includes hits like "Bohemian Rhapsody," "Radio Ga Ga," and "We Are The Champions" — and all related intellectual property , including rights to music videos, logos, merchandise, publications, and other potential business opportunities.
Universal Music would also be involved because of its long-standing relationship with the band, which signed with the British record label EMI in 1972 and remained with the company after its acquisition by Universal Music in 2011.
However, according to information from the BBC , negotiations began last year and are still ongoing.
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