Pink Floyd Reportedly Sells Music Rights To Sony For A Whopping $400 Million

Pink Floyd has reportedly agreed to sell their recorded music, name and likeness to Sony Music for a whopping $400 million. Officials confirmed that the agreement is solid. variety. The iconic British rock band, which owns one of the most valuable collections in modern music, was involved in negotiations with Sony for several years before […]

Universal, Warner, And Sony File $2.6 Billion Anti-Piracy Suit Against Verizon

Universal, Warner and Sony filed a $2.6 billion copyright infringement lawsuit against Verizon on Friday, The Hollywood Reporter (THR) reported. A coalition of major record companies has filed a lawsuit against Verizon, accusing the telecommunications giant of failing to curb copyright infringement among its users. according to Via THR. The lawsuit, filed in New York […]

Sony Buys Stake In Michael Jackson’s Catalogue For $600 Million

Sony Music Group has signed a deal to acquire a 50% stake in Michael Jackson's music catalog for $600 million, including both publishing and recorded masters, Billboard reported Friday. The acquisition was completed late last year. according to To billboard. This includes not only Jackson's own songs, but also a collection of songs from other […]