Like many artists in recent months, Pink Floyd could sell its impressive music catalog, certainly one of the most coveted in the industry, for millions of dollars.
The last few months have seen several artists get rich from the sale of their songs rights. Sting got $250 million, David Bowie‘s estate also got $250 million, Bob Dylan, Shakira and several others have done so as well.
But so far, no one has cashed in like Bruce Springsteen. The Boss has cashed in $500 million (US).
If there’s another artist who can think of blowing the cash register, it’s Pink Floyd.
According to Bloomberg, the British band is considering selling its catalog, which includes some of the world’s best-selling records such as Dark Side of the Moon or The Wall. According to its sources, representatives of the group have been contacting potential buyers since last May, but that it is too early to know what the outcome of negotiations will be.
It will be a story to follow.
Meanwhile, Pink Floyd has decided to protestRussia’s invasion of Ukraineby removing much of their music catalog from streaming properties in Russia and Belarus.
The group went even further by endorsing a new song, Hey Hey Rise Upto help Ukraine.