{"id":29630,"date":"2024-05-31T00:02:25","date_gmt":"2024-05-31T00:02:25","guid":{"rendered":"https:\/\/lascrucestoday.com\/101gold\/report-sony-in-talks-to-acquire-queen-catalog-for-1-billion\/"},"modified":"2024-05-31T00:02:25","modified_gmt":"2024-05-31T00:02:25","slug":"report-sony-in-talks-to-acquire-queen-catalog-for-1-billion","status":"publish","type":"post","link":"https:\/\/lascrucestoday.com\/101gold\/report-sony-in-talks-to-acquire-queen-catalog-for-1-billion\/","title":{"rendered":"Report: Sony in talks to acquire Queen catalog for $1 billion"},"content":{"rendered":"<div>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/syndication.abcaudio.com\/files\/2024-05-30\/Getty_Queen_053024.jpg\" alt><figcaption>Jeffrey Mayer\/Getty Images<\/figcaption><\/figure>\n<p>It appears as though <strong>Queen<\/strong>&#8216;s catalog is still up for grabs.<\/p>\n<p>There have been multiple reports that the beloved British rockers&#8217; catalog of hits was being offered for sale, and\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-29\/sony-in-talks-to-buy-queen-catalog-in-potential-1-billion-deal?embedded-checkout=true\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>Bloomberg<\/strong><\/em><\/a> reports that Sony, along with another investor, is looking to purchase it in a deal that could be worth $1 billion. That would make it the biggest deal of its kind, surpassing the $500 million Sony paid for <strong>Bruce Springsteen<\/strong>&#8216;s catalog a few years ago.<\/p>\n<p>According to <a href=\"https:\/\/www.bbc.com\/news\/articles\/cy00e8lgynpo\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>the BBC,<\/strong><\/a> the deal is still being negotiated and may not end up resulting in a sale. If it does go through, it would cover all the band&#8217;s songs, plus its logos, videos, merch, publishing and more.<\/p>\n<p>The BBC notes that Queen is more popular than Springsteen worldwide, boasting 52 million monthly listeners on Spotify as opposed to Bruce&#8217;s 20 million. The group&#8217;s company, Queen Productions Ltd., earned $52 million in 2022, the last year for which financial statements are available.<\/p>\n<p>Copyright \u00a9 2024, ABC Audio. All rights reserved.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jeffrey Mayer\/Getty Images It appears as though Queen&#8216;s catalog is still up for grabs. There have been multiple reports that the beloved British rockers&#8217; catalog of hits was being offered for sale, and\u00a0Bloomberg reports that Sony, along with another investor, is looking to purchase it in a deal that could<span class=\"more-link\"><a href=\"https:\/\/lascrucestoday.com\/101gold\/report-sony-in-talks-to-acquire-queen-catalog-for-1-billion\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,43,4],"tags":[7,134,317,114,315,316,142,106],"_links":{"self":[{"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/posts\/29630"}],"collection":[{"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/comments?post=29630"}],"version-history":[{"count":0,"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/posts\/29630\/revisions"}],"wp:attachment":[{"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/media?parent=29630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/categories?post=29630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lascrucestoday.com\/101gold\/wp-json\/wp\/v2\/tags?post=29630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}