Blackstone-powered Hipgnosis Song Management (HSM) is reportedly vying to strike a roughly $500 million deal for the catalog of Pink Floyd. Neither Hipgnosis nor Blackstone has commented publicly on the curiously timed reports of their pursuing the Pink Floyd catalog, but a Reuters account cautioned that the entities are “not close to striking a deal” for the song rights.
Source: Pink Floyd Catalog Draws Hipgnosis Bid, Price Tag Still At $500MM