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Is Pink Floyd About to Sell Its Catalog to Sony Music for Half a Billion Dollars?
Pink Floyd's catalog has long been for sale, but Roger Waters' anti-Israel comments have scared off many suitors. Is Sony about to pay $500 million?
Key bandmembers Waters and David Gilmour (pictured above right and left, respectively, in the early 1970s), have been feuding for decades, taking public potshots at each other while recently trying to find enough common ground to close a deal. On a purely business level, the Pink Floyd recorded-music catalog, not to mention its merchandising rights, is one of the most valuable in contemporary music, with classic albums like “Dark Side of the Moon,” “The Wall,” “Wish You Were Here,” “Animals,” “Meddle,” “Piper at the Gates of Dawn,” “More” and more. And after the sales of catalogs by Dylan, Springsteen (both for around $600 million), Neil Young, Stevie Nicks, James Brown (all around the low nine figures) and many others, it is one of the most lucrative and desirable known to be on the market.
Or read this on Variety
