Sale of Pink Floyd music rights suspended due to controversy between band members | Music

Pink Floyd copyright sales have been discontinued. The English band had planned to sell the music rights for $500 million (about 513 million euros), but that will not happen for the time being due to a feud between the band members, she wrote. Financial Times (Financial Times).

according to F There were already big names among those interested, including Blackstone, Sony Music and Warner Music. The sale has now been delayed for several months due to differing opinions on, among other things, tax regulations.

In addition to this, the band member Roger Waters lives in the United States and the other band members are in the United Kingdom. Additionally, Waters has had a difficult relationship with band member David Gilmore for years. The viewer says F That strained relationship makes it “impossible” to strike a deal.

Another doubts that it will be possible to reach an agreement, as the band members constantly argue for no reason.

In recent years, more and more major artists have sold their music rights, such as Neil Young, Sting and Bob Dylan. They made hundreds of millions of dollars with it.

Pink Floyd was founded in 1965. The band achieved their biggest success with the album The dark side of the moonWhich was released in 1973. Songs like money And the Another scratch on the wall Among the band’s biggest successes.