Pink Floyd Called Successfully Selling His Catalog Around Rp1.18 Trillion

Pink Floyd in the late 1960s (Instagram @pinkfloyd)

JAKARTA - The long wait finally ended. Pink Floyd is said to have reached an agreement to sell their catalog of music, names, and images with a value of $400 million (around Rp1.18 trillion).

Sony is said to be the party who bought the Pink Floyd catalog. However, the Financial Times said the right to songwriting was not included in the deal.

As reported, the agreement reached by Pink Floyd is one of the largest for this year, compared to sales of other music catalogs.

The deal comes after feuds and clashes between personnel in recent years, as well as controversial comments made by Roger Waters (bass), which it feels have complicated the deal process.

Since last month, Variety has reported discussions between Pink Floyd and Sony regarding the sale of the catalog.

As of Wednesday morning, Sony had not released a statement or responded to comments about the Financial Times reported deal.

David Gilmour, the band's guitarist, has also not responded to a request for comment. While Waters could not be reached.

For information, Pink Floyd is a British rock band that debuted with the album The Allah at the Gates of Dawn in 1967.

They released no less than 15 studio albums, with various hits, such as Comfortably Numb, Another Brick in the Wall, Money, Wish You Were Here, and much more.

In 1994, Pink Floyd chose to quit his activities as a band. However, they had several reunions, in 2005, 2007, 2013-2014, and 2022.

The sale of the music catalog itself has been planned since 2022, but it is reported that it has only been realized this year.