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Sony Music is reportedly in advanced talks to buy Pink Floyd's music rights for approximately $550 million. Despite ongoing personal differences between Roger Waters and David Gilmour, negotiations have advanced significantly.

Sony Music in Final Talks to Acquire Pink Floyd's Music Catalogue for $550M: Report

<h2>Sony Music is reportedly in advanced talks to buy Pink Floyd's music rights for approximately $550 million. Despite ongoing personal differences between Roger Waters and David Gilmour, negotiations have advanced significantly.</h2>

Sony Music is reportedly in advanced negotiations to acquire the music rights of English rock band Pink Floyd for nearly $550 million, according to the Financial Times.
However, the deal has faced challenges due to personal conflicts between band members Roger Waters and David Gilmour, making it difficult to finalize an agreement.
Earlier, companies like Hipgnosis, Warner Music, and BMG also attempted to purchase the highly lucrative catalogue, which includes iconic tracks such as "Money," "Wish You Were Here," and "Another Brick in the Wall."
Despite progress, sources caution that the deal remains uncertain due to previous hurdles.
&lsquo;The potential deal shows that there is still significant interest in buying the music rights of well-known artists, whose hits remain popular among new generations thanks to streaming services and their use in TV and films. However, the industry has had a harder time in recent years as higher interest rates eroded returns and made other investments look more attractive,&rsquo; the report added.
Sony Music is reportedly in talks to acquire Queen's music rights for around $1 billion, following its previous acquisition of Bruce Springsteen&rsquo;s catalogue, backed by Eldridge Industries, led by Todd Boehly.
In recent years, music rights deals with major artists like Bob Dylan and Neil Young have surged in popularity.
Both Roger Waters and David Gilmour of Pink Floyd have pursued successful solo careers, with Gilmour recently releasing a new album and preparing for a tour. The band also includes drummer Nick Mason, and the estates of keyboardist Richard Wright and original frontman Syd Barrett.
Also Watch | <a href="https://www.editorji.com/entertainment-news/hollywood/ewan-mcgregor-receives-his-star-on-the-hollywood-walk-of-fame-watch-1726216171473">Ewan McGregor Receives His Star On The Hollywood Walk Of Fame | Watch</a> &nbsp;

According to reports, K-pop sensation BTS, managed by HYBE,&nbsp;is parting ways with Sony's Columbia Records and moving to Universal Music Group, under a new deal.
This marks the end of the K-pop group&rsquo;s three-year partnership with Sony Music, which had been signed in 2018.&nbsp;The boy band&rsquo;s move to Universal is expected to come into effect from December 1.&nbsp;
Also watch | Marvel's 'Eternals' features BTS song and Celina Sharma&rsquo;s 'Nach Mera Hero'&nbsp;
Reports suggest&nbsp;that Columbia chairman and CEO Ron Perry had never met HYBE founder and chairman Bang Si-hyuk, throughout their entire partnership, despite having flown to South Korea on many occasions to work on BTS&rsquo; music.
Interestingly, Perry had even co-written and produced BTS's English-language hit 'Butter', which was released earlier this year.&nbsp;
In other HYBE news, BTS'&nbsp;label&nbsp;Big Hit Music&nbsp;has announced its&nbsp;new online global auditions for 2021. The label, which is also home to boyband&nbsp;Tomorrow X Together, is &ldquo;looking for individuals with talent and passion&rdquo; to be &ldquo;the next global superstar.&rdquo;
Also watch |&nbsp;BTS will auction their Grammys 2021 outfits at MusiCares charity auction
BTS&rsquo; latest single, &ldquo;My Universe,&rdquo; a collaboration with the group Coldplay, debuted at No. 1 on the Billboard Hot 100. It was the sixth time that&nbsp;BTS&nbsp;topped the chart. &ldquo;My Universe&rdquo; came out via Coldplay&rsquo;s label, Parlophone/Atlantic, which is part of Warner Music Group.

BTS is reportedly leaving Columbia Records for Universal Music Group

BTS is ending its distribution arrangement with Sony Music and is headed to Universal Music Group. The new partnership is a licensing and distribution deal which kicks in from December 1

//K-pop group&nbsp;BTS&nbsp;parting ways with Sony Music's Columbia Records
//The boy group&nbsp;will now be partnering with&nbsp;Universal Music Group
According to reports, K-pop sensation BTS, managed by HYBE,&nbsp;is parting ways with Sony's Columbia Records and moving to Universal Music Group, under a new deal.
// BTS'&nbsp;deal with Universal kicks in from December 1, say reports
This marks the end of the K-pop group&rsquo;s three-year partnership with Sony Music, which had been signed in 2018.&nbsp;The boy group's move to Universal is expected to come into effect from December 1.&nbsp;
// BTS'&nbsp;latest single 'My Universe' topped the Billboard Hot 100
// 'My Universe', a collab released on&nbsp;Coldplay&rsquo;s label, Parlophone
BTS&rsquo; latest single, &ldquo;My Universe,&rdquo; a collaboration with the group Coldplay, debuted at No. 1 on the Billboard Hot 100. It was the sixth time that&nbsp;BTS&nbsp;topped the chart. &ldquo;My Universe&rdquo; came out via Coldplay&rsquo;s label, Parlophone/Atlantic, which is part of Warner Music Group.

BTS is ending its distribution arrangement with Sony Music and is&nbsp;headed to Universal Music Group.&nbsp;The new partnership is a licensing and distribution deal&nbsp;through&nbsp;Geffen/INgrooves/UMG.&nbsp;

According to reports, K-pop sensation <a href="https://www.editorji.com/entertainment-news/surprise-drop-btsxcoldplay-release-my-universe-suga-s-remix-1634573500533" target="_blank">BTS</a>, managed by HYBE,&nbsp;is parting ways with Sony's Columbia Records and moving to Universal Music Group, under a new deal.
This marks the end of the K-pop group&rsquo;s three-year partnership with Sony Music, which had been signed in 2018.&nbsp;The boy band&rsquo;s move to Universal is expected to come into effect from December 1.&nbsp;
Also watch | <a href="https://www.editorji.com/entertainment-news/hollywood/did-you-know-marvel-s-eternals-features-bts-song-and-celina-sharma-s-nach-mera-hero-1634567289132" target="_blank">Marvel's 'Eternals' features BTS song and Celina Sharma&rsquo;s 'Nach Mera Hero'</a>&nbsp;
Reports suggest&nbsp;that Columbia chairman and CEO Ron Perry had never met HYBE founder and chairman Bang Si-hyuk, throughout their entire partnership, despite having flown to South Korea on many occasions to work on BTS&rsquo; music.
Interestingly, Perry had even co-written and produced BTS's English-language hit 'Butter', which was released earlier this year.&nbsp;
In other HYBE news, BTS'&nbsp;label&nbsp;Big Hit Music&nbsp;has announced its&nbsp;new online global auditions for 2021. The label, which is also home to boyband&nbsp;Tomorrow X Together, is &ldquo;looking for individuals with talent and passion&rdquo; to be &ldquo;the next global superstar.&rdquo;
Also watch |&nbsp;<a href="https://www.editorji.com/entertainment-news/bts-will-auction-their-grammys-2021-outfits-at-musicares-charity-auction-1634403656932" target="_blank">BTS will auction their Grammys 2021 outfits at MusiCares charity auction</a>
BTS&rsquo; latest single, &ldquo;My Universe,&rdquo; a collaboration with the group Coldplay, debuted at No. 1 on the Billboard Hot 100. It was the sixth time that&nbsp;BTS&nbsp;topped the chart. &ldquo;My Universe&rdquo; came out via Coldplay&rsquo;s label, Parlophone/Atlantic, which is part of Warner Music Group.

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