Pink Floyd has finalized a significant deal with Sony Music, transferring rights to their recordings, likeness, and brand. Reports indicate that while the band’s musical catalog has changed hands, the songwriting rights will remain under the control of the band members.
This agreement marks a breakthrough between core members Roger Waters and David Gilmour, who have historically clashed over Waters’ controversial political views. In addition to their music, Sony now oversees the band’s merchandise and theatrical rights, amplifying their brand’s reach.
This deal is part of a growing trend in the music industry where artists are selling rights to their catalogs. Recently, notable transactions have included Hipgnosis’ significant sale to Blackstone for $1.6 billion, following scrutiny over its former management. The dynamics of music rights continue to evolve, reflecting a booming market for recorded music and associated assets.
