Pink Floyd
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The In the Flesh tour was Pink Floyd's first playing in large stadiums, and at one venue a small group of noisy and excited fans in the front row of the audience irritated Waters so much that he spat at one of them. Waters was not the only person who felt depressed about playing in such large venues, as that same night Gilmour refused to perform the band's usual twelve-bar blues encore. About this time, Gilmour and Wright released their début solo albums, David Gilmour, and Wet Dream. Both albums sold poorly, a situation only exacerbated by the loss of much of the band's accumulated wealth. In 1976, the band had become involved with financial advisers Norton Warburg Group (NWG). NWG became the band's collecting agents and handled all financial planning, for an annual fee of about £300,000. Between £1.6 million and £3.3 million of the band's money was
invested in high-risk venture capital schemes, primarily to reduce the band's exposure to high UK taxes. It soon became obvious that the band were still losing money. Not only did NWG invest in failing businesses, they also left the band liable for tax bills as high as 83% of their income. They eventually terminated their relationship with NWG, demanding the return of any cash not yet invested, which at that time amounted to £860,000 (they received £740,000). In the midst of this, in July 1977, Waters presented the band with two new ideas. The first was a ninety-minute demo given the provisional title Bricks in the Wall, and the other what would later become his first solo album, The Pros and Cons of Hitch Hiking. Although both Mason and Gilmour were initially cautious, the former (inspired by the recent spitting incident) was chosen to be their next album. Bob Ezrin was brought in as co-producer, and he wrote a forty-page script for the new album. The story was based on the central character of Pink—a character inspired by Waters' childhood experiences—the most notable of which was the death of his father in World War II. This first 'brick in the wall' led to more problems, and Pink would become so drug-addled and worn down by the music industry that he would transform into a megalomaniac, a development inspired partly by the decline of Syd Barrett. At the end of the album, the increasingly fascist audience would watch as Pink 'tore down the wall', once again becoming a normal caring person. To record The Wall, engineer Brian Humphries, emotionally drained by his five years with the band, was replaced by