According to a report by Rolling Stone, Waters told press at a recent pro-Julian Assange event that the company wanted to use the 1979 classic "Another Brick in the Wall, Part 2."
"It arrived this morning, with an offer for a huge, huge amount of money," Waters said at the event about the offer. "And the answer is, 'F--k you. No f--in' way.'"
He added: "I only mention that because this is an insidious movement of them to take over absolutely everything. I will not be a party to this bull----, [Mark] Zuckerberg."
Facebook has not yet commented publicly on the offer.