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Pink Floyd has won its court battle with EMI over illegal distribution of the band’s music. This victory should be celebrated everywhere as triumph for artists over greedy corporations. The judges states that record label EMI had to “preserve the artistic integrity of the albums.” EMI has been selling Pink Floyd songs as individual downloads on iTunes when the contract signed between the two clearly states that all albums had to be sold as entire works.

EMI allegedly owes up to £10 million in unpaid royalties to the group, whose record catalog is supposedly the most “lucrative” outside of The Beatles. Garth Brooks and AC/DC are two other musicians that do not want their albums split up either, so Pink Floyd is not alone. Remember when Radiohead released its last LP, In Rainbows, it allowed each buyer to set the amount that he/she felt comfortable with paying, but eventually, the CD and vinyl copies went on sale in regular stores.

I am all for the elimination of record companies altogether. With digital distribution popularized by iTunes, newer musicians do not need record contracts from talentless studio executives. The means of production are now easily accessible to the artists themselves, and they no longer require the promotion and resources of fat cats.

Source: BBC


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I highly agree that Pink Floyd got screwed due to breach of contract. If this was within contract, then it would have been ok.

But somehow, though I cannot agree with your last point. It is rare for a NET label artist to sell more than a few thousand copies.(Source: Jason Blume Business of Songwriting - page 20-30)
Pretend you’re on CDbaby: statistics as of December 10, 2009:[3]
278,510 artists sell their music at CD Baby (Source: http://www.cdbaby.com/about)
How many of these artists are you going to sift through before losing patience and getting bored? Maybe you have the patience to sit around and listen to the first 10 bands that you see. What then about the other 278,500 artists? Name me one net artist who has sold as many albums as the NSYNC, Britney Spears or Tvxq. Net artists simply do not command the MILLIONS of dollars to fund their choreography, their producers who charge 200k-800K a track and then MILLIONS of dollars for promotions. The reason why you give these big artists a better chance is that sometimes you have simply no choice but to hear them–everywhere.

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