rights.fm

Queen

closed

Full catalogue (publishing + masters)

Rock1970s-1990sMusic Business Worldwide

Deal Value

$1.27B

Multiple

30x

Overview

Sony Music Entertainment has acquired the recorded music and publishing catalogue of Queen, one of the most iconic rock bands in history. The deal, valued at approximately $1.27 billion, includes rights to classic albums like "A Night at the Opera," "News of the World," and "The Game."

Key Highlights

  • Largest music catalogue acquisition of 2024
  • Includes over 180 songs written by Freddie Mercury, Brian May, Roger Taylor, and John Deacon
  • Publishing rights previously administered by EMI/Universal
  • 30x multiple represents premium valuation for legacy rock catalogues

Comparable Deals

Pink Floyd
$400M25x2023
Bruce Springsteen
$500M18x2021
Bob Dylan
$400M20x2020

Transaction

Buyer

Sony Music

Seller

Queen Productions Ltd

Announced

Jan 2024

Closed

January 23, 2024

Streaming

Monthly Streams

2.1B

Growth

+8.2% YoY

Top Markets

USUKBrazilMexicoGermany

Catalogue

180

Songs

15

Albums

24

Hits

Top Songs

  • 1. Bohemian Rhapsody
  • 2. We Will Rock You
  • 3. We Are the Champions
  • 4. Somebody to Love
  • 5. Don't Stop Me Now
rights.fm — Music Rights Intelligence