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Market Chatter: Sony in Talks to Buy Queen Catalog in Potential $1 Billion Deal
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Market Chatter: Sony in Talks to Buy Queen Catalog in Potential $1 Billion Deal
May 29, 2024 8:29 AM

11:12 AM EDT, 05/29/2024 (MT Newswires) -- Sony Group's ( SONY ) Sony Music is in talks to acquire Queen's music catalog in a deal that could potentially total $1 billion, Bloomberg reported, citing unnamed people familiar with the matter.

Sony ( SONY ) is working with another investor on the deal, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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