Pink Floyd in talks with Sony Music to buy band's catalog for $500M: report

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Pink Floyd in talks with Sony Music to buy band's catalog for $500M: report
MusiciansPink FloydSony Music
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It has been difficult to reach a deal because some of the band members have personal differences, according to a report.

Sony Music is in advanced talks to buy the rights to Pink Floyd ’s music catalog for $500 million – though it is being stalled by differences among some of the band members, according to a report.

The catalog acquisition is poised to be one of the most lucrative deals in the industry. Multiple bids – from groups including Hipgnosis, Warner Music and BMG – for the band’s music rights have fallen through over the years.Sony Music is in advanced talks to buy the rights to Pink Floyd’s music catalog, according to a report.

There is no guarantee the sale will happen, though, since there have been issues in the past trying to lock in a deal, a source told the FT. JPMorgan, Bank of America to crack down on long hours after death of banker who worked 100 hours per weekNorfolk Southern CEO, top lawyer fired over romance shared hotels, cars on corporate trips: report

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