Pink Floyd make sweet music with EMI
Rock giants Pink Floyd have buried the hatchet with record company EMI,
signing a new five year deal after resolving a legal spat which had threatened
to derail their 40-year partnership, writes Ben Griffiths.
The news is a fillip for Guy Hands, boss of EMI’s private equity owner Terra Firma, who has seen a raft of high-profile acts including Queen, the Rolling Stones and Sir Paul McCartney leave the label since he acquired it in 2007.
Pink Floyd have sold more than 200m albums worldwide, including Dark Side of the Moon and The Wall.
But the group and its publisher fell out last year in a
row over digital music sales.
Hands also lost a court case in New York after accusing adviser Citigroup of tricking him into overpaying for the company.
The news is a fillip for Guy Hands, boss of EMI’s private equity owner Terra Firma, who has seen a raft of high-profile acts including Queen, the Rolling Stones and Sir Paul McCartney leave the label since he acquired it in 2007.
Pink Floyd have sold more than 200m albums worldwide, including Dark Side of the Moon and The Wall.
Pink Floyd: Nick Mason, Rick Wright, Roger Waters and Syd Barrett
Hands also lost a court case in New York after accusing adviser Citigroup of tricking him into overpaying for the company.
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