LONDON, UNITED KINGDOM – JULY 13: Freddie Mercury of Queen performs on stage at Live Aid on July 13th, 1985 in Wembley Stadium, London, England (Photo by Pete Still/Redferns)

Queen has sold its catalog to Sony Music for a massive payday of $1.27 billion.The catalog deal is one of the largest of all time.

This sale, however, does not include live performance revenue, which will be retained by Brian May and Roger Taylor.

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