Pink Floyd are set to make over $500 million from selling their entire back catalog

The legendary rockers are set to make over $500 million from selling their entire back catalog. According to the Financial Times, several potential buyers compete for Pink Floyd’s copyrights, including their songs and master copy recordings.

Many famous artists like Stevie Nicks, Bob Dylan and Neil Young have sold their music rights for hundreds of millions of dollars in recent years. In December, Bruce Springsteen became the latest superstar musician to cash in on his life’s work.

It is estimated that Pink Floyd’s finances may increase one more time with the release of their 1977 record “Animals” reissue. Will be released on CD, LP, Blu-ray, SACD and Deluxe Gatefold formats. It will arrive on September 16, with the Deluxe version available from October 7.