Sony Music Said To Be In Talks To Buy Queen's Music Catalog; Working With Investor On Deal Potentially Worth $1B
Portfolio Pulse from Benzinga Newsdesk
Sony Music is reportedly in talks to acquire Queen's music catalog in a deal potentially worth $1 billion. The company is working with an investor to finalize the acquisition.
May 29, 2024 | 2:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Sony Music is in discussions to acquire Queen's music catalog for $1 billion, indicating a significant investment in expanding its music assets.
The acquisition of Queen's music catalog would significantly enhance Sony Music's portfolio, potentially increasing its revenue and market share in the music industry.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100