Queen's music catalogue could reportedly soon sell for $1 billion

A source familiar with the alleged music acquisition told CNN that discussions are "well underway" for Universal Music Group to acquire the legendary band's entire back catalogue from Disney Music Group. The transaction is reportedly "expected to close within one month", however, a spokesperson for Disney Music Group told CNN the company has no plans to sell the catalogue, which includes hits such as Don't Stop Me Now, We Are the Champions, Bohemian Rhapsody, Killer Queen, and We Will Rock You.