In 1975, he declined Pink Floyd's invitation to work on the follow-up for Dark Side, Wish You Were Here, and instead initiated the Alan Parsons Project with producer, songwriter, and occasional singer Eric Woolfson, whom he had met at Abbey Road.
I 1975 afslog han Pink Floyds opfordring til at vende tilbage og arbejde på opfølgeren til The Dark Side of the Moon, Wish You Were Here, og iværksatte i stedet The Alan Parsons Project sammen med producenten og sangskriveren (og lejlighedsvis sanger) Eric Woolfson, som han havde mødt i Abbey Road Studios.