Pink Floyd regularly negotiate with their record label EMI, he says, as new developments arise.

BBC: Pink Floyd drummer Nick Mason gives advice to new bands

Pink Floyd were also signed to the label in the 1960s followed by Queen in the 1970s.

BBC: Singer Chris Martin

The court case in March rested on whether the record label had the right to split up Pink Floyd's concept albums and sell individual tracks online.

BBC: Pink Floyd drummer Nick Mason gives advice to new bands

Warner said it would pay cash for the label, whose artists include Coldplay, Kylie Minogue and Pink Floyd.

BBC: Warner Music to buy Parlophone label from Universal