**Pink Floyd Sells Catalog and Rights to Sony Music for $400 Million**

In a landmark deal, iconic British rock band Pink Floyd has sold its music catalog and associated rights to Sony Music for an astonishing $400 million. Sources close to the situation revealed to Variety that the sale includes Pink Floyd's recorded music rights, their name and likeness, and related merchandise and theatrical rights, but notably excludes songwriting rights, which remain with individual band members.

This transaction is regarded as one of the most significant in recent years, particularly given the band's history of internal disagreements. Despite decades of infighting, Pink Floyd's members agreed to part with their collective creative legacy in a single deal with Sony Music.

Unique among rock bands, Pink Floyd maintained a low profile for individual band members, often choosing to let their music and album artwork take center stage. Their iconic album covers, designed by British firm Hipgnosis, are also part of the agreement with Sony Music.

The substantial purchase of Pink Floyd's assets adds to Sony Music's recent spree of high-profile acquisitions. In the past few years, the company has invested over a billion dollars in purchasing the catalogs of music legends such as Bob Dylan and Bruce Springsteen, as well as Queen's non-North American rights, securing its position as a dominant force in the music industry.

Representatives of both Pink Floyd and Sony Music declined to comment on the transaction, leaving fans and industry observers to speculate on the implications of this massive deal for the band's enduring legacy.