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April 25, 2011

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Music World  →  News  →  Pink Floyd

Pink Floyd Win Legal Battle With EMI Over Royalities

March 11, 2010
Pink Floyd Win Legal Battle With EMI Over RoyalitiesPink Floyd have won their legal battle with EMI, which centred on how the record label marketed the band's music online.

On Tuesday (March 9), the group sued EMI claiming their record contract “expressly prohibited” the “unbundling” of album tracks to be sold as individual singles.

Pink Floyd's lawyer, Rupert Howe, also said they were concerned about the calculation of online royalty payments.

At today's ruling, EMI was ordered to pay £40,000 in court costs as an interim payment while the judge considers the sum of the total fine.

They have also been prohibited from selling Pink Floyd's songs online without the group's permission, reports the BBC.

Pink Floyd signed with EMI in 1967 and are one of the record label's most profitable acts.

The ruling comes just 24 hours after EMI parted company with chief executive Elio Leoni-Sceti.

Leoni-Sceti, who joined the cash-strapped label 18-months ago, will be replaced by former ITV boss Charles Allen at the end of the month.

(by Jason Gregory)

See also:

 Pink Floyd To Reunite? (21.03.2011)

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