EMI Music has just re-inked a multi-year contract with Pink Floyd, according to preliminary details shared with Digital Music News early this morning.
The refreshed contract is understood to span five years, and to be global in nature according to sources inside the label. Under the terms, EMI will market and distribute the iconic act, and all legal disputes between the parties have been settled.
More details are surfacing on this one, and it remains unclear exactly how those legal issues were resolved. Earlier this year, Pink Floyd won a major court victory over EMI, one that focused on track bundling. Specifically, a British High Court judge ruled that EMI did not have the right to sell and market individual, a-la-carte tracks, something the band felt compromised their artistic intent.
But what does the refreshed deal stipulate? We’re awaiting word on this and other contract points, so stay tuned.