
CNN has reported that Queen’s music catalog may be sold in the near future.
A source familiar with the music acquisition stated that discussions are “well underway” for Universal Music Group to acquire Queen’s catalog from Disney Music Group, who owns the band’s recorded music in North America. (DMG has a global distribution agreement with Universal Music Group.)
The source added that the sale could surpass $1 billion and that the deal is “expected to close within one month.”
However, a spokesperson for Disney Music Group told CNN the company has no plans to sell the catalog.


Queen has moved over 250-million records worldwide and has remained popular, thanks in part, to the success of the 2018 biopic “Bohemian Rhapsody.” Also, the film’s title track has passed two-billion streams on Spotify.