Pink Floyd Sells Out

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$400 million.

Thought their tunes would be worth at least a Billion.

Yeah , Kenny.In today's money that doesn't seem enough.

I forget how much Mayer paid for the Grateful Dead catalog. 

Mayer doesn't own the GD music catalog. That was sold to Warner Music. I think Mayer owns 51% of the Dead & Co band. 

Is that $400 million for songwriting or recordings, or both? As a reference, Dylan sold his songwriting for between $250 and $300 million, and his recordings for between $150 and $200 million.

https://www.forbes.com/sites/marisadellatto/2022/01/24/bob-dylan-sells-r...

Saw them in 74, 75, twice in 77 (night one we did silver needles mescaline, MAJOR WOHOO) and front row center in the Kingdome 81. 

Buddies living in a giant Penn State frat house played Wish You Were Here for over a year straight non-stop. It bellowed and echoed around the place, very strange reverberations. 

 

On NPR this morning they said it was for the song catalog and the name. Bruce got $500M, but his songs are much more marketable for commercials. I mean maybe a sleep aid prescription drug medicine could use Comfortable Numb, but I could see airlines using Wish You Were Here. 

Mayer doesn't own the GD music catalog. That was sold to Warner Music. I think Mayer owns 51% of the Dead & Co band. <<<

I was joking.

Momentary Lapse of reason......Trojan Condoms

 

The Grateful Dead have an exclusive licensing arrangement with Rhino, they did not sell the catalog to them or any publishing rights.  GD still maintains creative control. 

 

Yes , the Grateful Dead still have control of my mind.  However they only maintain a small percentage of my creativity.  They are going to need to reevaluate Estimated Profit....

I want to say Waters sold his rights to the rest of the band for $100 or $120 Million a few years ago if my memory serves me well