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Pink Floyd End EMI Legal Battle, Sign New Deal
January 4, 2011
Pink Floyd have signed a new deal with EMI after ending a legal battle with their record company.
Last March, the group recently won a court ruling against EMI which centred on how the record label marketed the band's music online.
But today (January 4), EMI have confirmed that Pink Floyd have signed a new five-year deal.
"All legal disputes between the band and the company have been settled as a result of this new deal," the record label said.
EMI chief executive Roger Faxon added: "Pink Floyd are one of the most important and influential bands of all time and I know I speak for everyone at EMI when I say that it is a privilege to have the opportunity to work with them."
Pink Floyd signed with EMI in 1967 and are one of the record label's most profitable acts.
(by Jason Gregory)
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