News »
Gigwise RSS Feeds Bookmark and Share

Pink Floyd Win Legal Battle With EMI Over Royalities

As label's chief executive quits...

March 11, 2010 by Jason Gregory
Pink Floyd Win Legal Battle With EMI Over Royalities Add to My Fav Bands List

Pink 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.


 characters left [+]  


Register now and have your comments approved automatically!

  • @Gigwise is it true about ronnie's death? or it's just a hoax?
    mariafirani on Sun May 16 22:18:31 via TweetDeck
  • Vote for Matt (MUSE)!!! RT @gigwise The Greatest Rock Singer Ever - VOTE NOW! - GIGWISE http://bit.ly/ceREOS
    LaasTV on Sun May 16 12:38:09 via TweetMeme
  • #FF @gigwise and @LakeDistrictPR
    millets_online on Fri May 14 15:42:26 via TweetDeck
  • @Gigwise for me this week The National which is outstanding, Foals, Broken Social Scene and Male Bonding
    kathyjon on Fri May 14 15:15:16 via Echofon
  • #ff Bands and organisations 2- @FeederHQ @Gigwise @GlastonburyAles @TheWordMagazine @MISTYS_BIG_TWIT @MurdocGorillaz @TPBR @TheWordMagazine
    richhall on Fri May 14 14:19:38 via Echofon
Artist A-Z   # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z