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Pink Floyd
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Pink Floyd Win Legal Battle With EMI Over RoyalitiesMarch 11, 2010
![]() 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: |
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