Pink Floyd Music Catalog Sold for $400,000,000

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📼 VIDEO DESCRIPTION
Pink Floyd has sold its entire music catalog, including its name and likeness, to Sony Music for an estimated $400 million. This deal marks one of the largest music catalog sales in recent years and reflects a growing trend in the music industry, where artists are increasingly selling their catalogs for substantial sums. The deal includes all recorded music, album artwork, merchandise, and potential theatrical and film rights, but not songwriting rights. The negotiation was complicated by internal conflicts within Pink Floyd, particularly disagreements between songwriters David Gilmour and Roger Waters. Despite these challenges, the sale signifies the enduring popularity and influence of Pink Floyd, a band whose legacy continues to inspire musicians and fans worldwide.