Pink Floyd have sold their music catalogue to Sony in a $400 million deal, according to sources.

Original reports that the English rock band were looking to make the sale first began circulating in 2022. The sale was then delayed, allegedly due to “infighting” among band members.

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At the time, a bidder for the catalogue alleged that the strained relationship between bassist Roger Waters and guitarist David Gilmour had “made it impossible” to come to an agreement.

Gilmour shared back in September this year that he was hoping a sale would still go ahead, and confirmed that discussions were ongoing. He told Rolling Stone, “To be rid of the decision making and the arguments that are involved with keeping it going is my dream.”

Now, according to the Financial Times, the sale is believed to have gone ahead, and includes Floyd’s recordings catalogue, neighbouring rights, and also ‘name and likeness’ rights. However, it does not include publishing rights.

According to Music Business Worldwide, it was originally believed that the catalogue had attracted interest from the likes of Warner Music Group, BMG, Hipgnosis, Concord, Primary Wave, and private equity group Blackstone, as well as Sony Music Group.

Back in June, Sony landed the biggest acquisition sale of its kind for the back catalogue of Queen, with a reported record-breaking deal of $1.27 billion. Allegedly, another bidder (who remained anonymous) almost secured the catalogue, but had not offered more than $900 million. As well as Queen, Pink Floyd join artists such as Bruce Springsteen (whose catalogue sold for $500 million) and Bob Dylan, in making such a deal with their music.

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