EMI records have been losing clients — including the Rolling Stones, Paul McCartney, and Radiohead — since being taken over by private equity firm Terra Firma in 2007. As of Tuesday, January 4th, EMI is happy to announce they’ve retained a relationship with Pink Floyd, who has battled with EMI to ‘unbundle’ their digital discography in order to sell individual songs on services like iTunes. Though details have yet to be released, aside from being held to a five-year interim, they assure that a new arrangement has been reached when approaching the digital sale of Pink Floyd music.
Given the length of the deal, and the recent better-tidings among the surviving members of the Floyd, does this mean a full-on deal might be in the works? Post your thoughts below.