Well Freddie won’t get to enjoy it.
Probably worth 1.2 billion. Like I like to argue, the 1970's was a great music decade.
The taxman will take a huge cut.
They might be better off waiting...
I haven't bought a commercial CD...or downloaded a song...in 20+ years.
Rich people like Queen are why there’s no money left over for the rest of us!
-Financial Moron
Overvalued.
I enjoyed a lot of Queen’s music since the mid 70’s, but I would think the intrinsic commercial value of those recording would have depreciated quite a bit over the decades.
It was us, the Boomer generations, who bought most of that music. Most of us already have it in our collections.
I would not expect the typical 18 to 32 y/o to be actively acquiring more Queen.
Saw a short clip of Howard Stern interviewing Billy Joel. Joel threw up a figure of 1 billion plus to sell his catalog. I thought that was absurd but I bet it’s worth more than queen.
The Songs were written 40-50 years ago
typical copyright period is life of the author + 70 years, so I suppose while “the band” still lives, the clock has not started ticking (?)
“Princes of the Universe”
by Queen
https://www.youtube.com/watch?v=VEJ8lpCQbyw&ab_channel=QueenOfficial
Meh. Overpriced imo. Because of the music, not the price.
It’s a shame that copyright law has been so perverted. The majority of their ‘catalog’ should be in the Public domain by now.
That tour was so ugly, I went to two shows and they got pelted at both; the latter show midway through "Jailhouse Rock" someone landed the perfect shot at Brian (aiming at Freddie) with a full 24oz beer in a disposable cup. Waste of a bad brew, imo.
May was playing the Red Special. He was so viscerally angry (he had been warning the crowd up front all night, it was SRO on the floor, festival seating 2 years before The Who disaster in Cincy), he said, "We'll never play here again.". And they never did.
Can't see how that catalog is worth a billion. May would be smarter to float a bond against future earnings, like Bowie did.
"Bowie Bonds""Bowie raised $55 million from Prudential Financial, using 25 albums consisting of 287 songs he had recorded before 1990 as collateral. These "Bowie Bonds" were enormously popular. Bowie essentially forfeited royalties for ten years in exchange for the upfront payment of $55 million. The singer took the upfront cash and bought songs owned by his former manager. The bonds, which were issued in 1997, were liquidated in 2007 and the rights to the song income went back to Bowie."