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Pink Floyd Bests EMI Again

An earlier court's decision that EMI had violated contract provisions with Pink Floyd by allowing the digital sale of individual tracks apart from the albums they appeared on was upheld by a UK Court of Appeals Tuesday (12/14).  The decision also added legal weight to the group's claim it is owed more than $15 million in royalties for sales that took place between 2002 and 2007.  EMI, it's value reeling from the loss of some key acts and the declining sales of music, could face a takeover by Citigroup if Terra Firma, the firm currently holding a controlling interest, is not able to come up with a financially viable way to sustain the storied label.
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