19Negative
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Positive
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- 1
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- 1
- Unrated
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- Last Updated
- 4 days ago
- Bias Distribution
- 100% Right
Sony Music is in advanced negotiations to acquire Pink Floyd's music catalog for approximately $500 million, despite previous attempts to sell the rights being hindered by personal conflicts between band members Roger Waters and David Gilmour. The catalog includes iconic tracks such as 'Money,' 'Wish You Were Here,' and 'Another Brick in the Wall,' and the potential sale reflects ongoing interest in legacy artists' music amid a challenging rights acquisition market. Gilmour has expressed a desire to finalize the sale to escape ongoing tensions with Waters, which have marred past discussions. The deal could enable Sony to leverage Pink Floyd's music across various media, enhancing their portfolio of renowned artists, as the company has been actively purchasing significant music catalogs, supported by a recent $700 million investment from Apollo. Concurrently, Sony is also in talks to acquire Queen's catalog for around $1 billion. The outcome of the Pink Floyd negotiations remains uncertain, but the situation highlights the complexities involved in securing rights to storied music collections.
- Total News Sources
- 1
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- 1
- Unrated
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- Last Updated
- 4 days ago
- Bias Distribution
- 100% Right
19Negative
Serious
Neutral
Optimistic
Positive
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