News agency Reuters reports that Pink Floyd today took legal action against its long-time record label EMI. The point of contention is EMI’s online sales of individual Floyd tracks and royalty calculations of the same.
Floyd attorney Robert Howe told London’s High Court the band has contractual protection against EMI’s selling of its tracks piecemeal, a practice known as “unbundling.”
According to Howe, EMI believes that agreement is limited to “physical product and doesn’t apply online.”
Floyd’s back catalog is the second most popular in the world, next to The Beatles’.
