British rock band Pink Floyd's entire hit catalog has reportedly suffered a staggering $100 million drop in value. That's largely due to their rants against Israel, including frontman Roger Waters' outrageous claim that the Oct. 7 Hamast terrorist attack was justified.
Pink Floyd has agreed to sell its recorded music and name and likeness rights to Sony Music for approximately $400 million, sources have confirmed. variety on Thursday. However, that valuation is $100 million less than the band's asking price of $500 million.
Waters' comments sparked intense infighting among the band members, with vocalist David Gilmour calling his anti-Semitic bandmates “rotten to the core.”
As a result, according to varietymany potential buyers were spooked, including one that was close to signing in 2022.
Mr. Waters has made a number of outrageous statements in recent years that have come under fire.
A month after the Oct. 7 Hamas terrorist attack in Israel, Waters questioned the massacre itself and whether it really happened. Asked if he thought Hamas' attacks were justified, Waters said: But were they justified in resisting the occupation? Yeah. “
He has also publicly chanted “from sea to river,” a slogan used by Hamas and its sympathizers who seek to eliminate Israel.
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