Variety was informed by sources that the renowned rock group had reached a consensus following decades of discord among its members. The publication claims that songwriting is not included in this agreement; only recorded music rights are.
With albums like “Dark Side of the Moon,” “The Wall,” “Wish You Were Here,” “Animals,” “Meddle,” “Piper at the Gates of Dawn,” and “More,” Pink Floyd’s library is among the most valuable in modern music.
The publication claims that Sony has invested over $1 billion in music collections, ranging from Bruce Springsteen to Bob Dylan.
Members of Pink Floyd come together to record a song for Ukraine.
Pink Floyd did not answer Business’s request for comment right away.
It is said that Pink Floyd’s music library has been in use for many years. According to Variety, the band came dangerously close to finalizing a $500 million deal in 2022, but internal strife destroyed the agreement.
