BetaNews | iTunes may finally get The Beatles
Tuesday, March 18th, 2008BetaNews | iTunes may finally get The Beatles
United Press International posted a report on Saturday stating that a $400 million agreement had been reached between ex-Beatle Paul McCartney and Apple’s iTunes over the distribution of The Beatles’ back catalog.Profits made from the deal and subsequent sales will be split between McCartney, Ringo Starr, the estates of George Harrison and John Lennon, Sony, EMI, and pop star Michael Jackson, each of whom owns some form of rights to the songs, be it in publishing, recording, or reproduction.
The battle between “Apple Computers” now called Apple Inc. and Paul McCartney’s Apple Corps Ltd., of the trademark “Apple” was the STUPIDEST feuds in the history of Intellectual Property. At the time, the two Apples where no where NEAR each other core businesses, and and all it did was cause bad blood between the two organizations that delayed the largest distributor of digital music from providing to the public one of the most recognizable and sough after collection of music.
I’m not much of a Beatles fan, I just hate stupidity. I’m sure there are many people who want to buy their music. I’m also sure iTunes wants to sell it to them and it would make Paul, Ringo and the Estates of the John, and George a a lot of money. That’s why its stupid. It’s an obvious win for everybody, so why can’t they just get together to make a few million dollars. I guess when you are a billionaire, you don’t bother stoop down to pick a few million dollars, when you don’t have too.








