View Full Version : Beatles Catalogue / iTunes Deal News [Sony Deny Deal]


viskem
10th March 2008, 07:20 PM
Hello my name is Kemal.

I am often in Mac and Apple forums too, and read something
that I donīt understand, see this link:

http://www.inthemac.com/6917

Why is just Paul Mc Cartney getting the cash for it ?

I thought Michael Jackson is the one, who will get paid ?!

Or is the news false ?

Any ideas ?

Have a nice week, and long live the KING....

BjoernClausen
10th March 2008, 07:24 PM
I guess Paul gets credit for writing and Michael gets credit for owning?

Moonwalker3000
10th March 2008, 08:34 PM
It looks like Apple are paying Paul, Ringo and the rest of the Beatles' families that sum of $400 million, regardless of who owns the copyrights.

Michael Jackson, Sony (Sony/ATV) and EMI will get money from iTunes sales, which is a separate sum, as this money will be for copyright royalties.

This is what I understand from the article anyway :)

Amanda-x
10th March 2008, 11:17 PM
^ That makes sense to me.

damien
11th March 2008, 01:04 AM
I found this info. It includes Michael's name. Appears just to be a blog though..

Paul McCartney has signed a $400 million deal with Apple for the distribution of the entire Beatles’ back catalog on iTunes. Under the deal, the money will be distributed to Ringo Starr, the families of George Harrison and John Lennon, Michael Jackson, EMI and Sony, along with McCartney getting his share as well.

The deal finally finishes Steve Job’s quest for the Holy Grail of music downloads.

http://www.techcrunch.com/2008/03/09/the-best-things-in-life-may-be-free-but-it-cost-400-million-to-get-the-beatles-on-itunes/

Marni
11th March 2008, 02:34 AM
Sony have denied the deal:

http://www.webpronews.com/topnews/2008/03/10/michael-jacksons-label-denies-beatles-itunes-deal

Michael Jackson's Label Denies Beatles, iTunes Deal
By David A. Utter - Mon, 03/10/2008 - 6:55pm.

'Blackbird' won't fly to Apple's service

Forget about The Beatles hitting the iTunes Music Store anytime soon, as the Jackson/Sony publishing company Sony/ATV dismissed the chatter coming from England trumpeting a deal.

The $400 million agreement being bounced around as a done deal by UPI seemed like a low number even as we learned about it today. Split between living Beatles and the estates of Lennon and Harrison, plus all of the music labels with a stake in such a deal, $400 million didn't look like a lucrative payday, especially since the world's most famous boy band still receives fawning veneration to this day.

As it turns out, news of Beatles music coming to iTunes users appears greatly exaggerated. CNET said Sony/ATV denied any such deal took place:

While EMI Group owns the recording rights to the Beatles catalog, Sony and Jackson own the rights to the vast majority of the catalog's publishing rights. Had a deal been cut, Sony/ATV would "absolutely be informed," the Sony/ATV spokeswoman said.

EMI and Apple aren't talking right now, despite the reports swarming all over the Internet as well as in news publications in the UK. At this rate, the wait for The Beatles on a digital music service may outlive the band and all of its fans.