Pink Floyd Sells Music Rights to Sony for $400 Million

Pink Floyd has officially sold its entire recorded music catalog, along with its name and likeness rights, to Sony for approximately $400 million. This significant deal marks the conclusion of protracted negotiations characterized by internal disputes among band members, particularly between Roger Waters and David Gilmour. While the sale includes rights to merchandise and film adaptations, it does not cover songwriting rights. The transaction is part of a broader trend where Sony has acquired catalogs from other prominent artists such as Bob Dylan and Bruce Springsteen. The conflict among the band members escalated in recent years, particularly due to Waters' controversial political statements. Following this sale, the band aims to move past the complexities that have encumbered its legacy for years.