EMI and The Beatles settle royalty dispute; deal could pave the way for Beatles to join 21st century

Apple Store“The company representing The Beatles has settled a 30 million-pound ($59 million) royalty dispute with EMI Group, in a deal that could finally pave the way for the Liverpool band’s music to go online,” Kate Holton reports for Reuters.

“The announcement follows the settlement in February of another legal dispute — a trademark disagreement between Apple Corps and computer and iPod company Apple Inc. which was also seen as key to putting the group’s music online,” Holton reports.

Holton reports, “The Beatles have been one of the last big acts to hold out from putting their music on the Internet.”

“EMI’s Chief Executive Eric Nicoli told reporters earlier this month he was working on a deal to put the band’s music online but refused to give a time frame,” Holton reports.

Full article here.

[Thanks to MacDailyNews Reader “Adam W.” for the heads up.]

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41 Comments

  1. I’m with you, Connor MacBook. The ship has already left the dock for the Beatles, and I don’t pity them one little bit. Nine out of ten “youngsters” buying music today have never heard of them, and we sexagenarians have listened to their stuff ‘way too much to care anymore.

    RIP, Fab Four.

  2. What The Beatles may actually expand their online presence from that one crappy 1960 album recorded with Tony Sheridan? Not that it helps me. I already have a complete Beatles collection.

    I’ll settle for seeing The Fab Faux live this weekend.

    And for the person who’s about the make the obligatory Zepplin comment, Zepplin can’t go online until they figure out all of their proper writing credits.

  3. btw i guarantee if John Lennon was still around he wouldve jumped on the itunes bandwagon ages ago. That guy had amazing vision and was light years ahead of the rest of the band. anyway thats all well known.

  4. @Connor MacBook: I already have a complete Beatles collection, so in that sense I don’t care. However, The Beatles in a span of less than a decade did more to change music than any other group of musicians. The Beatles were the one of first self-contained band that both wrote and played their own songs. The Beatles ruled the pop charts during the 60s. The Beatles pioneered the multi-track recording techniques used by every musician today. The Beatles pioneered the incorporating music from around the world into rock-n-roll. What other author has a song book on the level of Lennon-McCartney? Rodgers-Hammerstein? Boyce-Hart? Holland-Dozier-Holland? John-Taupin? No. No. No. No.

    I’m still trying to figure out what band in the last decade that could even have a fraction of the influence on the recording industry that The Beatles had during the 60s and during their subsequent solo careers.

  5. [B]Damm that was a quick email, I’ve been served to appear for a slander suit in GB

    Disclaimer: the opinions expressed are my own and don’t represent the views or opinions of MDN or anyone else.

    Do they have free speech in Great Britan?

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