Legendary British rock band Pink Floyd has agreed to sell its music rights and name-and-likeness rights to Sony Music for approximately $400 million after years of speculation.

Sources confirmed the news to Variety on Wednesday. The deal was made after years of disagreements between band songwriters Roger Waters and David Gilmour, drummer Nick Mason, and the estates of keyboardist Richard Wright and singer-songwriter Roger “Syd” Barrett, one of the band’s founding members.

Name and likeness rights will include all merchandising rights, making this one of the most lucrative deals in the industry. The Pink Floyd recorded music catalog includes popular albums such as “Dark Side of the Moon,” “The Wall,” “Wish You Were Here,” “Animals,” “Meddle,” “Piper at the Gates of Dawn,” “More,” and others.

The outlet noted that Pink Floyd’s catalog has been for sale for years with an asking price of $500 million. However, the sale was complicated by infighting among band members and the public’s opinion of Roger Waters making controversial political statements against both Israel and Ukraine, which is rumored to have made potential buyers hesitant to close the deal. 

Waters also told Rolling Stone during a 2022 interview that the United States is “the most evil [country in the world] of all by a factor of at least 10 times.”

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Pink Floyd was formed in London in 1965 and is considered one of the most progressive rock bands of all time. The band has gone through a lot of drama over the years as disagreements raged among the members. Wright left Pink Floyd in 1981, and Waters followed in 1985. Wright later came back and rejoined.

The albums “The Dark Side of the Moon” and “The Wall” were inducted into the Grammy Hall of Fame. These two LPs, along with “Wish You Were Here,” are among the best-selling albums of all time. In total, Pink Floyd’s albums have sold 75 million copies in the U.S., making it the 10th most of any artist, according to the Recording Industry Association of America.

The acquisition of Pink Floyd’s catalog is one of several high-profile buys for Sony, who also recently acquired Bruce Springsteen, Bob Dylan, and Queen’s non-North American rights in the past few years, per Variety.

The man accused of drinking four beers before crashing his car into an SUV and injuring several children in Texas last week is an illegal immigrant from Honduras, federal immigration officials told The Daily Wire. 

Dallas police arrested Jose Luis Castro Alvarado, 20, on Saturday after they said he ran a red light at around 10:00 p.m. and crashed into an SUV, seriously injuring six children. According to police, Alvarado allegedly admitted to police that he had consumed two beers before the crash, but a passenger in his vehicle said they each drank four beers just before the crash. 

One of the children injured, a 4-year-old child who was thrown out of the vehicle, is in critical condition, according to Fox 4. He suffered multiple fractures and a lacerated liver. An injured 5-year-old required jaw surgery. 

Alvarado, a citizen of Honduras, was charged with two counts of collision involving injury, two counts of collision involving serious bodily injury, and two counts of intoxication assault with a vehicle. He is currently being held at the Kays Tower detention center in Dallas.

A spokesman for Immigration and Customs Enforcement (ICE) told The Daily Wire that Alvarado illegally entered the United States around September 22, 2021, near La Joya, Texas, which is about 500 miles south of Dallas. ICE said he entered “without being inspected, admitted, or paroled by an immigration officer.”

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Alvarado cannot be released from prison because ICE placed a detainer on him after Dallas police took him into custody. 

Police said that Alvarado denied being under the influence of alcohol but that his eyes were bloodshot when they arrested him, according to an affidavit on the incident obtained by Fox 4. 

After the accident, investigators said that Alvarado ran from the scene, and a police K-9 located him hiding in the bushes in a nearby neighborhood. Police said he did not stop to check on the victims of the crash before fleeing. 

Earlier this year, the Republican-controlled House passed a measure that would deport non-citizens convicted of DUIs, though the legislation stalled out in the Senate Judiciary Committee.