Get the latest gossip
‘Grab That Cash’: Pink Floyd Pause Infighting to Sell Recorded Music Catalog for $400 Million
After years of in-fighting and near-agreements, Pink Floyd have finally reached a deal to sell their recorded music to Sony.
In an interview with Rolling Stone in August, Gilmour confirmed that the band was “in discussion” about a potential catalog sale, with the guitarist adding he was tired of the continued in-fighting and “veto system” that has resulted in animosity and delayed reissues over petty issues like liner notes. With the Sony deal in place, the label — and not the band — will now bear the responsibility for the next Pink Floyd release, a 50th-anniversary edition of Wish You Were Here that is expected to arrive in 2025. It’s a strange situation!” Issues around that deal include minutiae like interest rates, tax concerns, the strength of the British pound, and a potential devaluation of the music due to Roger Waters ’ frequently provocative political statements.
Or read this on RollingStone