SUP Magazine: Pink Floyd Get Huge Payout for Music Catalog, But It Could Have Been Bigger
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Pink Floyd has finally reached a deal to sell both the band's recorded-music and name-and-likeness rights to Sony Music, bringing to a close a negation process that has drawn out for decades. Variety confirmed the news on Wednesday that the British progressive rock band had agreed to sell the rights to their music catalog for $400 million. The catalog and merchandising rights are widely regarded as being among the most valuable in contemporary music, featuring legendary albums including D...