Queen
closedFull catalogue (publishing + masters)
Rock•1970s-1990s•Music 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