Universal Music ‘Set To Buy Rock Band Queen’s Catalog For A Staggering $1billion

Rock band Queen’s entire music catalog is set to sell for $1 billion in a potential sale to Universal Music Group.

A source familiar with the acquisition told CNN, that discussions are ‘well underway’ on the deal that would see UMG acquire Queen’s catalog from Disney Music Group.

The source also told the news site that the sale could potentially surpass $1 billion and that it was expected to ‘close within one month’.
#naijaentertainmentnews
#NigerianCelebs #NollywoodGist #AfrobeatMusic #AfricanEntertainment #NigerianMusicIndustry #NaijaMovieIndustry #NaijaCelebrities #NaijaEntertainmentTV
#NigerianEntertainmentIndustry #NaijaShowbiz