Finally, after much persuasion and very huge bucks, with rumours estimating $300 million as the deal amount, Apple computers’ online music sales service, iTunes, has finally reached a deal with Sir Paul Mccartney and the families of the other Beatles. This deal will enable Apple to finally sell Beatles’ songs at their online music store, iTunes. The Deal rumoured to be $300 million will be shared equally among Sir Mccartney and families of the other Beatles, Ringo Starr, John Lennon and George Harrison. This deal comes as a godsend to all the Beatle fans, who were till now not able to buy the Beatle numbers from iTunes and also opens up a huge business opportunity for iTunes. But for iTunes, the going to seal this deal has not been too easy. First it was the surviving band members having legal issues with their record label EMI which was sorted out in february last year when the Beatles finally settled a £30 million row with their record label over unpaid royalties between 1994 and 1999.
The usage of the Apple logo which also was under dispute with the Beatles’ Apple corps and Apple Computes Inc has also been solved with the court allowing Apple computers to use the Apple logo. Now with both the disputes behind them, both Apple computers and the Beatles are all set to enthrall listeners with punters at Ladbrokes already predicting the Beatles’ single Yesterday, to top the charts with odds of 3/1. As an afterthought, If someone needs the millions, it is Sir Paul Mccartney who needs to pay a $30 million divorce settlement to his former wife, Lady Mccartney. And for all you Beatle fans out there, it is time to sing along and enjoy the legendary Beatles. Happy listening
Source: telegraph