Pink Floyd makes online deal with EMI - Action News
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Entertainment

Pink Floyd makes online deal with EMI

British progressive rock band Pink Floyd has reached a deal with its label EMI allowing the release of individual tracks online.

British progressive rock band Pink Floyd has reached a deal with its label EMI allowing the release of individual tracks online.

Pink Floyd had sued EMI in March 2010 claiming the band had never given permission for the record label to sell its tracks "unbundled."

The surviving members of Pink Floyd had argued against breaking up concept albums such as Dark Side of the Moon and The Wall and said they had a clause in their record contract, signed in 1967, preventing EMI from altering their work.

A judge in the March lawsuit agreed and said the group has the right to "preserve the artistic integrity of the albums." EMI was ordered to pay legal costs and a separate dispute about online compensation was settled behind closed doors.

On Tuesday, EMI announced it has settled all its legal disputes with surviving Pink Floyd membersand entered a five-year contract to continue marketing Pink Floyd's music.

That includes online sales to a "new generation of fans," EMI said in a statement. Terms of the settlement were not released.

Dark Side of the Moon has been one of the most consistent earners in EMI's catalogue and the band has sold more than 200 million albums.

Keyboard player Richard Wright died of cancer in 2008 at age 65, and original member Syd Barrett died of pancreatic cancer in 2006. Surviving membersare Roger Waters,David Gilmour and Nick Mason.