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Someone or a group of someones, who stoped caring about the quality of their work, just about the money that brings it in. Someone that puts money above their morals, or something they once stood for
pink_is_metal
Paramore
Fall out boy
Urbandictionary.com definition:
According to the metal community, any band that gains the tinyest amount of fame is considered selling out.
So in short, listen to what you like and don't tell anyone else what they think is good music or not.
Dumbass: Omg I hate Dragonforce cuz they sold out and now they are popular and I am dumbass who can't derive my own taste in music lolroflz.
Me: What the ****? You need other people to tell you what sell outs are? That's pretty sad. Just listen to whatever pleases your ears you dumb **** and shut up about it.
Lord Phineas P. Pennebaker
Someone who changes their style, personality, or goals for money.
Dion J
"Sell-out" is a term that is usually used by unsuccessful people to demean their more successful counterparts.
I suppose it makes them feel better.
Master Ang Gi Guong
Giving up personal integrity for something of lesser value, like talent for money.
Homepage 
Financial
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No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
