Psychedelic rock icons Pink Floyd have reportedly sold their catalog and name and likeness rights to Sony Music for $400 million, according to Variety. The deal does not include songwriting, as its held by individual writers.
Pink Floyd are arguably one of the most essential bands in the history of rock music. Formed in London in 1965, Pink Floyd have made some of the most transformative, influential and highly successful albums in the genre. Their discography holds numerous classics, like The Dark Side of the Moon, Wish You Were Here, Animals and The Wall. Sony Music will now hold the rights to these game-changing projects and the rest of Pink Floyd's sizeable discography.
This deal seems to have had a rocky road before it inevitably got done, mainly stemming from the issues the bandmates have had with each other over the years. It's mostly been between the two main songwriters: guitarist David Gilmour and bassist Roger Waters, who have had a strained and tumultuous relationship for decades.
Waters has also made controversial comments on Israel, Ukraine, and Russia that reportedly gave potential buyers cold feet. According to Variety, in 2022, the band were reportedly close to a deal for $500 million, but stagnated because of Waters' comments.
David Gilmour has been wanting to sell the Pink Floyd catalog for years. In an interview with Rolling Stone, he said it would be a "dream" to sell it, but not for financial reasons. Gilmour's tension with Waters is likely the reason why.
“I am not interested in that from a financial standpoint. I’m only interested in it from getting out of the mud bath that it has been for quite a while,” said Gilmour.
Gilmour has also been critical of Waters' remarks on Israel, Ukraine, and Russia in the past as well. He was asked by a fan recently if he would ever work with Waters again. Gilmour said, "Absolutely not. I tend to steer clear of people who actively support genocidal and autocratic dictators like Putin and Maduro."
Gilmour said however that he'd love to take the stage one more time with late keyboardist Richard Wright, “who was one of the gentlest and most musically gifted people I’ve ever known.”
It looks like a potential Pink Floyd reunion with the three living former members, Waters, Gilmour, and drummer Nick Mason, is likely never going to happen. Gilmour said in the Rolling Stone interview that the band likely won't be back together because there's only "three people left and we’re not talking."
The main four members of Pink Floyd broke up in 1983 following the release of The Final Cut. Waters departed the band, while Gilmour, Wright and Mason continued to make music as Pink Floyd until 1994. The final Pink Floyd album released was The Endless River, an album based on used recordings from Wright.
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