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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared NEWSMAKER-World's richest man, Slim, a born wheeler-dealer 10 Mar 2010 U.S. herpes rates remain high - CDC 09 Mar 2010 World's mega-rich adding wealth, Carlos Slim No. 1 | Video 10 Mar 2010 High stakes in China's big dig 10 Mar 2010 Markets fall after jobless data, China CPI | Video 10:25am EST NEWSMAKER-World's richest man, Slim, a born wheeler-dealer 10 Mar 2010 FDA rules out bisphosphonate, thigh fracture link 10 Mar 2010 U.S. herpes rates remain high - CDC 09 Mar 2010 World's mega-rich adding wealth, Carlos Slim No. 1 | Video 10 Mar 2010 Barbie goes mad for "Mad Men" 10 Mar 2010 Pink Floyd wins UK court battle with EMI label LONDON Thu Mar 11, 2010 8:03am EST An inflatable pig with an environmental message floats above the Live Earth New York concert during Pink Floyd member Roger Water's set in East Rutherford, New Jersey July 7, 2007. Credit: Reuters/Lucas Jackson LONDON (Reuters) - British rock band Pink Floyd on Thursday won a court battle with EMI in a ruling that prevents the record company from selling single downloads on the internet from the group's concept albums. Entertainment | Music The outcome of the other element of the legal tussle in London's High Court -- concerning the level of royalties paid to the band by the label -- was unclear, as that part of the judgment was held in secret, the Press Association reported. The ruling is the latest blow to EMI, the smallest of the four major record companies which is seeking new funds to avoid breaching debt covenants. Pink Floyd signed with the label over 40 years ago and its back catalog has been outsold only by that of the Beatles. The band, whose albums include "The Dark Side of the Moon" and "The Wall," was challenging EMI's ability to "unbundle" their albums and sell individual tracks online. Judge Andrew Morritt accepted arguments by the group that EMI was bound by a contract forbidding it to sell its records other than as complete albums without written consent. The judge said the purpose of a clause in the contract was to "preserve the artistic integrity of the albums." Pink Floyd alleged that EMI had allowed online downloads from the albums and parts of tracks to be used as ringtones. The record company had argued that the contract related only to physical records and not to online distribution. EMI successfully applied to the court for the royalties aspect of the case to be kept secret for reasons of "commercial confidentiality." Lawyers said it was the first time a royalties dispute between artists and their record companies had been held in private, excluding the media and public. The judge ordered EMI to pay Pink Floyd's costs in the case, estimated at 60,000 pounds ($90,000), and refused the company permission to appeal. (Reporting by Mike Collett-White, editing by Paul Casciato) Entertainment Music More from Reuters Jobless claims fall, trade gap narrows WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery. Chile aftershock measured at 7.2 magnitude BP to pay Devon $7 billion for oil fields 3D projector bottleneck may leave cinemas reeling Exxon Mobil boosts 2010 spending 4 percent PM Maliki leads Iraq vote in two provinces » More Top News The race to the bottom Keeping currencies competitive is among the last tricks left in the policy bag, but nudging markets can be a dangerous game. Full Article U.S. seen vulnerable to rate shocks Economists trim U.S. growth forecast ECONOMY High stakes in China's big dig To see the high-risk bet China is making to power its growth, look at the jumble of wires and concrete under its streets. Full Article Trade data point to rise in yuan Factbox: Hints of division over yuan China © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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