Queen has reportedly agreed to sell their recording, publishing and other rights to Sony Music for a record-smashing $1.27 billion. According to Hits, the deal also includes name and likeness rights, potentially opening the door to musicals, commercial and film placements, merchandising and other money-making opportunities. The band’s 2018 autobiographical film Bohemian Rhapsody earned over $900 million worldwide. Disney and Universal Music Group will permanently retain the rights to distribute Queen’s records in North America, but the band’s share of the royalties will now go to Sony Music. F…