Pink Floyd Sells Music Catalog and Name and Likeness to Sony for $400 Million

Mar. 15, 2025

Pink Floyd members David Gilmour, Roger Waters, Nick Mason and Rick Wright in 2005.Photo:MJ Kim/Getty

Pink Floyd 2005

MJ Kim/Getty

Pink Floydhas reportedly sold their music catalog, along with their name and likeness to Sony to the tune of approximately $400 million.

Sources close to the matter told the outlet that ownership of the band’s likeness means the purchaser would profit from the sale of merchandise as well as other entities that could come along, such as television spin-offs and films.

Pink Floyd in August 1968.Michael Ochs Archives/Getty

Pink Floyd pose for a portrait shrouded in pink in August of 1968

The legendary English progressive rock band consisted of founding membersNick Mason,Roger Waters, and the lateSyd BarrettandRichard Wright, as well as David Gilmour, who joined in 1967.

Pink Floyd’s deal did come with stipulations, adds theFinancial Times. Only their recorded rights were included, not any for the band’s songwriting.

Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories.

Before this week’s deal with Sony, the band tried for at least two years to sell their catalog, and had reportedly been in talks to do so with major companies such as Warner Music, BMG andHipgnosis.

Pink Floyd, May 1972.Gijsbert Hanekroot/Redferns

Pink Floyd

Gijsbert Hanekroot/Redferns

Varietyreferred to the roughly $400 million sale as “one of the largest of many in recent years.”

In January 2022, Sony Music Entertainment (SME) announced theacquisition of 11-time Grammy winner Bob Dylan’s entire back catalogof recorded music for an undisclosed amount, in addition to the rights to new music released in the future.

At the time, it was reported that the deal was worth over$150 million.

Pink Floyd, August 1971.Koh Hasebe/Shinko Music/Getty

Pink Floyd

Koh Hasebe/Shinko Music/Getty

Other major deals in recent years involving other companies includeJustin Bieberselling his 291-song catalog to Hipgnosis Songs Capital fora reported $200 millionin January 2023, andKaty Perryselling the rights of her songs and albumsreleased between 2008 and 2020 to Litmus Music — fora reported $225 million.

Since their start, Pink Floyd, known for hits like “Money” and “Another Brick in the Wall,” has accomplished many impressive feats — including their 1973 studio albumDark Side of the MoonmakingBillboardhistory.

The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now!

The group’s other hit albums includeThe Wall,Wish You Were Here,Atom Heart MotherandAnimals. Their most recent album,The Endless River,was released in 2014 and featured Gilmour, Wright and Mason.

PEOPLE reached out to reps for Pink Floyd and Sony, but did not immediately receive a response.

source: people.com