Pink Floyd’s music rights sale has had plenty of twists and turns, like a screenplay stuck in development hell. But the legendary English rock band has agreed to sell its recorded music, name, image, and likeness to Sony Music for $400 million. But it’s rare to see a deal that large that doesn’t include publishing rights. Instead, this Pink Floyd deal should be looked at as a pure streaming revenue play given its focus on recorded music.
Source: Pink Floyd’s Complicated $400 Million Music Rights Sale to Sony