Live 8: Pink Floyd Guitarist To Donate Profit

Pink Floyd's guitarist David Gilmour declared today that he will donate to the charity effort for Africa the revenue from his album's sales, which had gone up after the Live 8 concert. Gilmour said: "This is money that should be used to save lives."

HMV said sales of Pink Floyd's album "Echoes: The Best of Pink Floyd" had gone up by 1,343 percent since the weekend.

"Though the main objective has been to raise consciousness and put pressure on the G-8 leaders, I will not profit from the concert," Gilmour said in a statement Monday.

"If other artists feel like donating their extra royalties to charity, perhaps then the record companies could be persuaded to make a similar gesture and that would be a bonus," he said. "This is money that should be used to save lives."

Sir Paul McCartney and Annie Lennox have also reportedly pledged to share their profits. A spokesman for Lennox said: "Annie feels that it is appropriate to give something back."

The Who also decided to give the profits to charity. "The band are impressed with what Pink Floyd are doing, and should there be any significant extra royalties coming in they would look at doing the same."

The sales of The Who's album Ultimate Collection have risen 51 per cent over the past week, and Lennox's album sales have shot up 500 per cent.