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Pink Floyd reported to have reached a deal with Sony to sell group's music catalog

A MARTÍNEZ, HOST:

It's going to be impossible to tell this story without this piece of music.

(SOUNDBITE OF SONG, "MONEY")

PINK FLOYD: (Singing) Money.

MARTÍNEZ: That, of course, Pink Floyd with "Money" - something the musicians now have a lot more of. The Financial Times reports the band sold the rights to the record catalog for around 400 million bucks.

STEVE INSKEEP, HOST:

Whoa. For that price, Sony Music also gets the Pink Floyd name and likeness rights - a brand the group has been building since around 1965.

(SOUNDBITE OF SONG, "MONEY")

PINK FLOYD: (Singing) Grab that cash with both hands and make a stash.

MARTÍNEZ: The Pink Floyd catalog includes two of the biggest-selling albums of all time, "Dark Side Of The Moon" and "The Wall."

(SOUNDBITE OF SONG, "ANOTHER BRICK IN THE WALL, PART 2")

PINK FLOYD: (Singing) All in all, it's just...

STEVE INSKEEP AND PINK FLOYD: (Singing) ...Another brick in the wall.

INSKEEP: Pink Floyd members Roger Waters and David Gilmour haven't gotten along for a while now. Gilmour recently told Rolling Stone he wanted to sell the band's work so that he could, quote, "get out of the mud bath."

MARTÍNEZ: This deal adds to a trend of older musicians selling off their catalogs. Three years ago, Bruce Springsteen nabbed around 550 million for his works.

INSKEEP: Bob Dylan, Phil Collins and Paul Simon have all opted to sell ownership of their life's work.

(SOUNDBITE OF SONG, "HAVE A CIGAR")

PINK FLOYD: (Singing) We're just knocked out. We heard about the sellout.

INSKEEP: So now the Pink Floyd sale joins those sales among the largest catalog deals in music history.

(SOUNDBITE OF SONG, "HAVE A CIGAR")

PINK FLOYD: (Singing) ...We can hardly count. Transcript provided by NPR, Copyright NPR.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

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