How EMI’s new CEO helped Apple and The Beatles come together

“After years of litigation and ill will, it took two men just a couple of hours to hammer out the basic terms that would finally bring the Beatles’ music to the iTunes Store,” Ethan Smith reports for The Wall Street Journal.

“The deal was outlined by Jeff Jones, chief executive of the Beatles’ corporate entity, Apple Corps Ltd., and Roger Faxon, CEO of EMI Group Ltd., which owns and distributes the band’s recordings,” Smith reports. “The meeting took place at the EMI’s London headquarters this past July 14, less than a month after Mr. Faxon took the reins at EMI.

Smith reports, “Under the terms, Apple Inc.’s digital media store is the Beatles’ exclusive online retailer at least until January, Mr. Faxon said in an interview Tuesday, after the much-awaited deal was announced. It marks the first time that Beatles songs have been available for digital-download sales.”

Read more in the full article here.

39 Comments

  1. To be correct, WSJ is ignorant: EMI Group does NOT own Beatles’ recordings, it only orders manufacturing (if applicable) and distributes in all media.

    EMI has exclusive copyrights which were given by Sony/ATV Music Publishing LLC (half owned by Sony and the late Michael Jackson) through long-time contract.

  2. For me (50ish), I voted a #2 on the MDN poll. I think the Beatles waited too long to do this. They are becoming less relevant every day.

    The “golden oldies” types are slowly thinning out (as is my hair) and I think FutureMedia hit a serious note ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  3. “These songs were great in their originally published day. But to want to listen to them now is really living in the past.”

    Yeah, those has-been hangers-on Beethoven, Mozart, Dvorák, Tchaikovsky, Brahms, Bach, Strauss, Wagner, Sibelius and many others have pretty well worn out their welcome too. Living WAAAAYY in the past. These cheap classical music nostalgia acts should take a hike too, eh?

    If it ain’t Baroque, don’t fix it…

  4. @Daniel… I haven’t. This may come as a surprise to you, but some people actually have principles that prevent us from living our lives under the childish notion that we should be able to download any song or movie we want without paying anything for it.

    Look up “ethics” in the dictionary some time.

  5. My wife and I went and saw the show Love in Vegas last year. I forgot how much I loved the Beatles. I think it is great that apple is finally able to offer there songs in a quick and easy online format like all other music. BUT.
    My question is this why the big fight . If anyone is a threat to music it would be Youtube. You can hear just about any song you want , make a play list and pipe it threw your house without spending a dime. The Beatles music is no exception. How is it that Youtube is allowed to offer this service without ,what seems be, no fight from anyone. I would think that this would be a big hit on sales. Not just to cds but to radio as well. I can listen to music without any adds and I can pick the play list.

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