/ 30 May 2023

Another music catalogue bites the dust

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Well, maybe… Speculation is rife that Queen’s music catalogue will be sold to Universal Music Group by Disney Music Group for an eyewatering sum. Some industry insiders say the deal would be worth more than US$1 billion, which would see Queen become the champions (my friends…) by quite some margin thanks to 2018’s Oscar-winning film putting the superband’s music back into the mainstream. Bruce Springsteen holds the record for arguably the highest amount paid for a music catalogue when his was sold in late 2021 for about US$500 million. We’re no maths wizards, but $1 billion is twice as much as $500 million and would see Queen reign all over the Boss… In recent years, Bob Dylan, Stevie Nicks and Justin Bieber have sold their music as Taylor Swift has hustled to get control of hers.

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