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Pink Floyd regains control of its online music sales


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Posted ImagePink Floyd tracks may be removed from digital music services like iTunes after a High Court ruling.

Their latest record deal, signed with EMI before legal downloads came along, said individual songs must not be sold without the band's permission.

They argued that the same rule should apply to digital sales as well as CDs.

EMI disagreed but a judge has sided with Pink Floyd. The ruling is part of a long-running battle between the two sides over £10m in unpaid royalties.

BBC

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I think the record company should have to pay thousands per track sold. The contract sounds clear enough that even a liberal could understand that the record company didn't have the right to sell tracks. They knew full well they couldn't win in court but they pirated the songs and sold them illegally. I'm sure they figured that eventually they would pay what they wanted for royalty and to Hell with what the band wanted or the contract stated. Paying royalties isn't near enough. They should have to pay some fair penalty. $150,000 per track sold sounds fair. That's the figure the RIAA says the songs are worth if you give them away as in filesharing. Since the record company sold them I think the penalty should be more but $150K sounds fair unless they do it again.

...and they will.

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