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The founders of

Pink Floyd

have been unable to resolve their differences for nearly 40 years.

This disagreement of epic proportions, like their own music, began in 1985, when Roger Waters left the group.

Since then, his many followers have longed for news of a rapprochement and some form of alliance.

Now we know that they

have finally managed to agree on one thing: to sell Pink Floyd

.

The complete catalog of the legendary psychedelic rock group, known for albums like

Dark Side of the Moon

and

The Wall

and one of the most successful in history, is for sale for

a figure close to 500 million euros

.

This was announced by

Bloomberg

in June and several sources confirmed to the

Financial Times

last week.

Among the interested parties that are negotiating the purchase there are several investment funds, the best positioned of which is

Blackstone

.

I would do it through Hipgnosis, the company of super manager

Merck Mercuriadis

that has shaken the music catalog market with the purchase of more than 70,000 songs worth 2,000 million euros.

Hipgnosis's great competitor in the new music rights management business, Primary Wave, is another of the companies trying to take control of Pink Floyd's catalogue, in addition to companies traditionally related to music such as Sony, Warner and BMG, through the KKR fund.

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Bruce Springsteen sells his entire repertoire of songs for 442 million

  • Editorial: REUTERS

Bruce Springsteen sells his entire repertoire of songs for 442 million

The lot would include

the entire repertoire of songs

, the

masters

of the recordings and the possibility of exploiting the image of Pink Floyd in

merchandising

products .

It is still a paradox that the group, known for its songs

critical of consumerism

, greed and capitalism, could end up being the protagonist of one of the most expensive song sales in history.

"Money / It's a crime / Share it fairly, but don't take a piece of my pie," Pink Floyd sang on

Money

, one of their most iconic songs.

"Money / So they say / is the root of all evil today."

The cataract of music catalog sales began in December 2020 when Universal bought

Bob Dylan's songbook

for a figure between 250 and 300 million dollars; his recordings were acquired last June by Sony, for an approximate value of 150 or 200 millions of dollars.

In these two years, the sale of repertoires and records has turned the recorded music business into a bubble that never deflates.

If the sale of Pink Floyd's songs and recordings approached 500 million euros, it would be an amount equivalent to that of Dylan or Bruce Springsteen, who in December sold all his music to Sony for that amount.

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  • Articles Pablo Gil