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Queen make music history with billion dollar deal

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newidea.com.au

Currently, Queen’s catalogue is owned by Disney Music Group which purchased the rights for a reported $10 million in 1991. Speaking with CNN, a source close to the acquisition revealed that the discussions were “well underway” and the deal would be finalised “within one month.”  If the sale goes through, and the Universal Music Group does indeed spend one billion dollars, it will be the biggest single artist music catalogue sale in history. 

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