It’s reportedly “well underway” for a sale and would topple the records set by Bruce Springsteen and Bob Dylan.
touch), this would be the first time such a deal would eclipse the billion threshold thanks to Queen’s enduring dominance on the classic-radio and stadium-anthem circuits. Hits such as “Bohemian Rhapsody,” “Don’t Stop Me Now,” and “Under Pressure” also continue to get mileage on Spotify with users of all ages with five of the band’s songs reaching the billion-stream threshold.
Speaking with Vulture last year about, George Howard, a strategic consultant and distinguished professor of music business and management at Berklee College of Music, said that these sales tend to be overvalued as an exit strategy for musicians. “I think generally the prices are inflated because it’s very much a seller’s market, where everybody thinks these catalogues are both sort of sexy and can be securitized and de-risked,” he explained.
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