London, Apr 21 : Rockers Pink Floyd are planning to take legal action against their record label EMI over pending royalty payments.

The `Another Brick In The Wall' hitmaker band will be suing the label because it miscalculated royalties owed to them from their back catalogue, reports The Daily Star.

The band, which has been in collaboration with the label since 1967, is seeking undisclosed damages.

Meanwhile Pink Floyd is also a member of a body called `Featured Artists Coalition,' which demands more power for the artists. (ANI)