-- Shares Facebook Twitter Reddit Email Pink Floyd will be $400 million richer now that the band has agreed to sell their recorded music and name-and-likeness rights to Sony Music. The British band comprised of members Roger Waters , David Gilmour , Nick Mason, the late Richard Wright and Roger “Syd” Barrett are known for their pioneering genre-bending as progressive and psychedelic rock musicians. Beloved for their albums "Wish You Were Here," "The Dark Side of the Moon" and "The Wall," Pink Floyd's music has become ingrained in the rock genre.
This deal with Sony will include the lion's share of their material, amounting to one of the largest sign-overs in recent years. Related Pink Floyd's "Dark Side of the Moon" at 50: The album's vast soundscapes have never sounded better As confirmed to Variety , the band took a while to reach a middle ground in the deal, which comes after decades of feuding between Waters and Gilmour. For years, Pink Floyd's catalog had been under consideration with a whopping asking price of $500 million.
The band was reportedly close to nailing down a deal but infighting stalled negotiations. Variety also reported that the band's main tension centered on Waters' controversial statements on Israel and Ukraine in the recent past, which have scared off buyers and held off the official closing of the deal. As The Guardian points out, Waters fueled controversy after being complimentary towards Vladimir Putin during an interview with the Berliner Zeitu.
