(Fox Business) Pink Floyd sells recorded music catalog for $400M (1 Viewer)

[Chomsky]

Pink Floyd sells recorded music catalog for $400M

British rock band Pinky Floyd has reportedly signed over its recorded music catalog as well as its name and likeness rights to Sony Music for $400 million.

www.foxbusiness.com

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British rock band Pink Floyd has reportedly sold its recorded music catalog, along with its name and likeness rights, to Sony Music for $400 million.

Sources told Variety the legendary rock band had come to an agreement after decades of fighting among band members. According to the outlet, this deal only includes recorded music rights, not songwriting.

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The band members of Pink Floyd not only sold their Music Rights to Sony Corp, but also their Likeness and Name!

To my thinking, they gave away a lot for $400M USD. The bandmembers did keep their songwriting credits, though.

Time moves on. I remember when Mick Jagger insisted they would never allow the commercial use of their recordings. Not only did the Stones soon renege on that, they even played the Super Bowl!
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So, did these groups grow-up?

Or, did they sell-out?

You tell me!

 

[Chomsky]

Addendum:

Looks like the lads went from this . . .



. . . to this:

 

[Bok Tuklo]

The answers you seek can be found in this song:

 

[eman623]

Pink Floyd sells recorded music catalog for $400M

British rock band Pinky Floyd has reportedly signed over its recorded music catalog as well as its name and likeness rights to Sony Music for $400 million.

www.foxbusiness.com

--

--
The band members of Pink Floyd not only sold their Music Rights to Sony Corp, but also their Likeness and Name!

To my thinking, they gave away a lot for $400M USD. The bandmembers did keep their songwriting credits, though.

Time moves on. I remember when Mick Jagger insisted they would never allow the commercial use of their recordings. Not only did the Stones soon renege on that, they even played the Super Bowl!
--

So, did these groups grow-up?

Or, did they sell-out?

You tell me!

Pink Floyd are what, in their 80's? Why not cash in? You can't take it with you.

Personally I wouldn't give them twelve cents for their catalog. In fact, I think they owe me for The Wall.

 

[Superfly]

Oh no. Now we get to hear some of the best music ever recorded on insulin commercials, or car commercials.

 

[trixare4kids]

Pink Floyd sells recorded music catalog for $400M

British rock band Pinky Floyd has reportedly signed over its recorded music catalog as well as its name and likeness rights to Sony Music for $400 million.

www.foxbusiness.com

--

--
The band members of Pink Floyd not only sold their Music Rights to Sony Corp, but also their Likeness and Name!

To my thinking, they gave away a lot for $400M USD. The bandmembers did keep their songwriting credits, though.

Time moves on. I remember when Mick Jagger insisted they would never allow the commercial use of their recordings. Not only did the Stones soon renege on that, they even played the Super Bowl!
--

So, did these groups grow-up?

Or, did they sell-out?

You tell me!

I would hope they grew up. Maybe they decided to take the money and run, decided to get their affairs settled for their families' benefit. Not that they could run anymore but you know what I mean.

 

[Bok Tuklo]

Oh no. Now we get to hear some of the best music ever recorded on insulin commercials, or car commercials.

That already happened.

 

[Chomsky]

The answers you seek can be found in this song:

That was a great album!

Meddle / Dark Side of the Moon / Wish You Were Here

The holy trinity of Floyd!

Special mention: Delicate Sound Of Thunder

 

[Chomsky]

Pink Floyd are what, in their 80's? Why not cash in? You can't take it with you.

Personally I wouldn't give them twelve cents for their catalog. In fact, I think they owe me for The Wall.

I agree with The Wall.

But . . . Dark Side Of The Moon? It's a masterpiece!

 

[Bok Tuklo]

That was a great album!

Meddle / Dark Side of the Moon / Wish You Were Here

The holy trinity of Floyd!

Special mention: Delicate Sound Of Thunder

I would put The Wall in there instead of Meddle. But otherwise, yeah.

 

[Rogue Valley]

Dark Side Of The Moon is the best selling rock-oriented album of all time.

PF has an extensive music catalogue that will probably increase in value over time.

I think it's a good investment for Sony Music.

 

[Chomsky]

I would hope they grew up. Maybe they decided to take the money and run, decided to get their affairs settled for their families' benefit. Not that they could run anymore but you know what I mean.

Haha!

Yeah, we had a lot of stupid convictions when we were young. But I'd like to think we also had some good ones. The most important thing I think, is we indeed had convictions! We've all got to believe in something, right?

One of the best lines on the sixties I ever heard, was from David Crosby, just after he got out of jail & drug rehab in the eighties:

"Peace, Love, Dope. Well, we got two out of three right!"

I very much miss David Crosby . . .

 

[Chomsky]

I would put The Wall in there instead of Meddle. But otherwise, yeah.

Then I suppose we could throw Animals in the mix, if we're keeping The Wall?

The reason I put Meddle in there, besides being a great album, is Pink Floyd was still in their (IMO) extremely creative stage - despite reaching commercial success.

Meddle is, in my mind, that transition to commercial success while retaining their early creativity & artistry. That creativity & artistry seemed to wain with Animals, and they seemed to get somewhat formulaic - continuing in that vein. All in my opinion, of course.

 

[Chomsky]

Dark Side Of The Moon is the best selling rock-oriented album of all time.

PF has an extensive music catalogue that will probably increase in value over time.

I think it's a good investment for Sony Music.

Exactly. I think The Floyd may have sold themselves a bit short.

 

[Bok Tuklo]

Then I suppose we could throw Animals in the mix, if we're keeping The Wall?

The reason I put meddle in there, besides being a great album, is Pink Floyd was still in their (IMO) extremely creative stage - despite reaching commercial success.

Meddle is, in my mind, that transition to commercial success while retaining their early creativity & artistry. That creativity & artistry seemed to wain with Animals, and they seemed to get somewhat formulaic. All in my opinion, of course.

It is their Rubber Soul?

 

[Chomsky]

That already happened.

Those GoPro commercials are really we produced!

Here's one of my favs:

 

[Chomsky]

It is their Rubber Soul?

That's a great way of saying it. Yeah, you might be right! You have an excellent sense of pop history there, Bok Tuklo!

 

[craig]

"Careful with That Axe, Eugene"

 

[Chomsky]

"Careful with That Axe, Eugene"

I see we have another pre-Dark Side aficionado!

 

[Superfly]

That already happened.

No, I can’t even compare the Ramones to Floyd.

 

[SuperDS77]

Pink Floyd sells recorded music catalog for $400M

British rock band Pinky Floyd has reportedly signed over its recorded music catalog as well as its name and likeness rights to Sony Music for $400 million.

www.foxbusiness.com

--

--
The band members of Pink Floyd not only sold their Music Rights to Sony Corp, but also their Likeness and Name!

To my thinking, they gave away a lot for $400M USD. The bandmembers did keep their songwriting credits, though.

Time moves on. I remember when Mick Jagger insisted they would never allow the commercial use of their recordings. Not only did the Stones soon renege on that, they even played the Super Bowl!

Thanks for the update. One of my absolute favorite groups of all time. Kinda thought this would happen eventually.

So, did these groups grow-up?

Or, did they sell-out?

You tell me!

Not a sell-out whatsoever.

The art is, what the art is. True art is timeless. If more people like it, including advertisers, so what?

This kind of money might leave someone at a "loss for words"...(one of my favorites from the Gilmour years a beatiful poem)

 

[Superfly]

Then I suppose we could throw Animals in the mix, if we're keeping The Wall?

The reason I put Meddle in there, besides being a great album, is Pink Floyd was still in their (IMO) extremely creative stage - despite reaching commercial success.

Meddle is, in my mind, that transition to commercial success while retaining their early creativity & artistry. That creativity & artistry seemed to wain with Animals, and they seemed to get somewhat formulaic - continuing in that vein. All in my opinion, of course.

I dunno. Pigs is one of my favorite Pink Floyd songs. Roger Waters is a douche, but he is a songwriting machine. Hell of a songwriter.

 

[ScrambledEggs]

They can finally buy a football team

 

[Bok Tuklo]

No, I can’t even compare the Ramones to Floyd.

Good point. Pink Floyd was a phenomenal band, but The Ramones invented a genre.

 

[Chomsky]

Thanks for the update. One of my absolute favorite groups of all time. Kinda thought this would happen eventually.

Not a sell-out whatsoever.

The art is, what the art is. True art is timeless.

If more people like it, including advertisers, so what?

This kind of money might leave someone at a "loss for words"...(one of my favorites from the Gilmour years a beatiful poem)

Alight, well said.

Yes, art for art's sake!