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Pink Floyd Sends EMI to the Dark Side of the Moon

Record label EMI, which was purchased by Terra Firma Capital Corporation (TII) in 2007, was dealt a serious blow yesterday by the band Pink Floyd. The band filed a lawsuit against EMI because the record company started selling individual music tracks from Pink Floyd's two block buster albums, Dark Side of the Moon and The Wall online. The selling of individual music tracks is expressly forbid by the band's contract with the record label. Yesterday a judge affirmed that contract condition.

This turn of events comes not only as a serious blow to EMI, but as a gut wrenching twist in Terra Firma's continuing downward spiral. Terra Firma is currently engaged in a legal battle with Citigroup, Inc. (C) regarding its purchase of EMI at auction. Terra Firma has accused Citi of the use of "fraudulent measures" in completing that sale.

Continue reading Pink Floyd Sends EMI to the Dark Side of the Moon

Pink Floyd readies 40th anniversary box set

English band Pink Floyd is set to release a 16-disc box set in December that features the band's entire studio catalog as CD reproductions of the original vinyl records, Billboard reported yesterday. Unfortunately, the set is limited to 10,000 copies and will be available in the United States only as an import. It is unknown whether the box set will be reproduced in digital stores or not and Apple Inc. (NASDAQ: AAPL)'s iTunes Store has created complete digital box set's for catalogs in the past.

This news is not very descriptive about availability for the new album, but it has me wondering how many physical box sets are to be produced as the music industry moves closer and closer to fully embracing digital outlets. With the releases of s new Bob Dylan retrospective set and the coming Led Zeppelin catalog set, both available on iTunes and as physical CDs, what is the market for the CD versions? The Pink Floyd physical-only set (as far as is known at this point) takes this further with a price tag of $250.

A cursory glance at iTunes will tell you that the catalog is already available from iTunes Plus as DRM-free (Digital Rights Management) tracks, including the previously released 40th anniversary edition of Pink Floyd's debut album. With that knowledge, this box set seems marketable only to serious collectors and importers. The price tag and difficulty of availability make it hardly an item that the casual listener and even devout fan can seriously consider checking out. One has to wonder if EMI has a similar plan in store for The Beatles when that remastered catalog is available.

Led Zeppelin and that Listerine smile

I took the train from Central London to Gatwick Airport to catch my plane home to the U.S. I have done this over 200 times in the past 16 years and I can almost do the steps with my eyes closed. As I was leaving the train at Gatwick Airport to make my way to the warmth and gratitude of the Northwest Airlines ticket clerk, I saw an older guy waiting to board the train with what appeared to be a 5- or 6-year-old boy; I figured it was a grandchild.

I brushed past this gentleman, took three steps when I felt I had been hit by a bolt of lightening. That's Jimmy Page! It was Jimmy Page, founder and lead guitarist of what many feel was the finest rock band of all time -- Led Zeppelin. I looked back as he very gently lifted his grandson onto the train and took his seat. I figured, if not now, when?

I hopped back on and gently asked him "Are you Jimmy Page." He stood up and respectfully said yes while shaking my hand. I was speechless. Am I a 51-year-old groupie? The train had 15 minutes before leaving to go back to Central London. I asked Jimmy if I could chat with him for a few moments. He said, "Yes, of course, please sit down. I do not get the opportunity to chat with fans very often," probably thinking -- yeah, a fan this old!!

First question I asked was, "Why don't you guys reunite and tour. Put the great John Bonham's son Jason on the drums? " Jimmy said he would love to tour, but that lead singer Robert Plant was not interested at the moment. Ever the gentleman, Jimmy said, "You know, I am over 60 years of age, and the rest are approaching 60. We need to do this soon!"

Continue reading Led Zeppelin and that Listerine smile

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