The Queen music catalog is soon to be acquired by Sony Music for an astronomical sum, according to recent reports.

Two sources told Variety that the sale worth a rumored $1.27 billion is in the works. Per Hits Daily Double, the original outlet that broke the story, the only revenue not included in the deal is live performances by two of the band’s founding members, who tour with singer Adam Lambert.

The outlet noted that another interested buyer tapped out when the figure reached $900 million.

This acquisition includes a plethora of money-making songs, which is what attracted such high sales figures. Internationally recognized classics, including “Bohemian Rhapsody,” “Another One Bites the Dust,” and “Radio Ga Ga” are all part of the deal. The hit Queen singles “We Will Rock You” and “We Are the Champions” are frequently played at sporting events.

Queen is a British rock band founded in 1970. The founding members included Freddie Mercury (lead vocals, piano), Brian May (guitar, vocals), and Roger Taylor (drums, vocals). John Deacon (bass) joined the group later.

The band is one of the best-selling music artists in the world. Queen received the Brit Award for Outstanding Contribution to British Music and was inducted into the Rock and Roll Hall of Fame in 2001. Each band member composed at least one hit single, leading to all four members being inducted into the Songwriters Hall of Fame in 2003.

Variety noted that Disney owns Queen’s recorded-music rights for the U.S. and Canada, which the company bought in the early 2000s. Disney would keep those rights, but some of the band members’ hefty royalties being paid out by Disney would now go to Sony, as would the group’s distribution deal and rights outside those two countries.

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The acquisition would also include name and likeness rights, paving the way for musicals and other potentially lucrative future projects. For example, the 2018 biopic “Bohemian Rhapsody” about Mercury’s life pulled in more than $900 million against a $52 million production budget. 

Sony is notoriously quiet about their big acquisitions, which, in the past, included Bruce Springsteen’s publishing and recorded-music rights and Bob Dylan’s recorded-music rights, the outlet noted. Neither of those deals were ever officially confirmed but have been suspected for years. 

The transgender suspect accused of murdering his parents at a home in Utah has admitted to the killings and stated that he would do it again, police said on Wednesday.

Law enforcement officials arrested 28-year-old Collin Troy Bailey after he was found in a field of weeds on Wednesday following a roughly 12-hour search that began the night before after they received a call about a shooting at a home where a man and a woman were found dead.

Bailey, a man who claims that he is a woman, was charged with two counts of aggravated murder, attempted aggravated murder, seven counts of shooting a gun, and aggravated burglary.

The victims — identified as 69-year-old Gail Bailey and 70-year-old Joseph — were Bailey’s parents, local media reported.

Police documents said that Bailey had no remorse for murdering his parents, allegedly saying: “I would do it again. I hate them.”

A police booking affidavit stated that Bailey told law enforcement that he went to the home specifically to murder his parents.

Neighbors told police that there was a lot of “volatility and bad vibes” in the family.

Bailey told police that he had “strained relationships” with multiple other family members, the document said. Multiple family members told police that they were afraid of him.

Someone in the home heard the gunshots and fled to a neighbor’s house, where they called the police.

Bailey’s brother reportedly locked himself and his wife in his bedroom during the killings.

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Bailey shot at the locked bedroom and told police that he didn’t care if he killed his brother, according to a booking affidavit.

He told police that upon breaking into the home, he opened fire on his mother, shooting her three times. When his father started coming toward him, he shot his father in the head. He later returned and shot both parents again in the head to ensure that they were dead.

“Mia describes jumping fences or walls, hiding in bushes, sleeping in a park bathroom, and other efforts to elude law enforcement,” police said in the document. “Mia bragged about [his] ability to avoid the efforts of law enforcement to locate [him], including evading officers, hiding from helicopters and hiding from drones.”