Pink Floyd music rights sale stalled by band members feud | Music

Pink Floyd’s copyright sale has ceased. The English band had planned to sell the music rights for 500 million dollars (about 513 million euros), but that will not happen for the time being due to disputes between the band members, it writes. Financial Times (FT)

According to FT Big names were already among those interested, including Blackstone, Sony Music and Warner Music. Among other things, the sale has been delayed for months now due to disagreements over tax regulations.

Additionally, band member Roger Waters resides in the United States and other band members reside in the United Kingdom. Additionally, Waters had a rocky relationship with band member David Gilmour over the years. Says an auctioneer FT That strained relationship makes it “impossible” to strike a deal.

Another doubt is whether an agreement can be reached as the band members continue to argue for no apparent reason.

In recent years, big artists like Neil Young, Sting and Bob Dylan have sold their music rights. They made millions of dollars doing it.

Pink Floyd was founded in 1965. The band had their biggest hit with this album The dark side of the moonReleased in 1973. Songs like Money And Another brick in the wall One of the band’s biggest hits.

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