Pink Floyd Sells Music Rights to Sony for $400 Million

Despite decades of infighting and years of false starts, the members of Pink Floyd have agreed to sell music rights to Sony Music for $400 million. The deal apparently has finally concluded despite decades of ongoing infighting and bitter words between the bandmembers, notably chief songwriters Roger Waters and David Gilmour. The deal comprises recorded-music rights but not songwriting, which is held by the individual writers, as well as name-and-likeness, which includes merchandise, theatrical and similar rights.

Source: Pink Floyd Sells Music Rights to Sony for $400 Million

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