Queen Margrethe announced her surprise abdication on Live broadcast. Queen Margrethe II will abdicate on January 14 and will be succeeded by her eldest son.

Denmark: Queen Margrethe II to hand over throne to eldest son Prince Frederik

The songs of Queen are known the world over, and the band’s body of work might soon sell for a staggering sum.

Queen’s music catalog could sell for over $1 billion, source says

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