Pink Floyd end dispute with EMI
Published 05/01/2011 | 12:02
Pink Floyd have ended their legal dispute with EMI by signing a new five-year deal.
The group - whose catalogue includes one of the world's best-selling albums, Dark Side Of The Moon - was embroiled in a High Court battle with the label last year.
Floyd had been unhappy at the way EMI had handled digital sales of the group's music, with album tracks available to be downloaded individually. The band had argued the tracks were designed to be part of a whole album.
Announcing the new global deal, EMI said: "All legal disputes between the band and the company have been settled as a result of this new deal."
Floyd - who reformed for a one-off performance in 2005 for Live 8 - have been with EMI since the late 1960s.
The new deal means the music firm will continue to market and distribute the group's back catalogue.
EMI group chief executive Roger Faxon said: "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.
"We're looking forward to continuing to help the band reach new and existing fans through their incredible body of work."
The band have sold more than 200 million albums worldwide.