Google
 
Web BlogMeDo.com

Beatles and EMI Settle Long Running Dispute

Reuters is reporting that 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.Apple Corps, the company owned by Paul McCartney, Ringo Starr and the families of John Lennon and George Harrison, said in December 2005 it would sue the record company after negotiations broke down.

Apple Corps said an audit had determined EMI had not been fulfilling the terms of its contract.

We have settled on mutually acceptable terms and there will be no further comment,” a spokeswoman for EMI said. A spokeswoman for Apple Corps said the deal had been agreed last month but would not give any further details.

Apple and EMI previously fought a separate, decade-long courtroom battle over royalties and other issues which was resolved out of court in 1989.




del.icio.us:Beatles and EMI Settle Long Running Dispute digg:Beatles and EMI Settle Long Running Dispute spurl:Beatles and EMI Settle Long Running Dispute wists:Beatles and EMI Settle Long Running Dispute simpy:Beatles and EMI Settle Long Running Dispute newsvine:Beatles and EMI Settle Long Running Dispute blinklist:Beatles and EMI Settle Long Running Dispute furl:Beatles and EMI Settle Long Running Dispute reddit:Beatles and EMI Settle Long Running Dispute fark:Beatles and EMI Settle Long Running Dispute blogmarks:Beatles and EMI Settle Long Running Dispute Y!:Beatles and EMI Settle Long Running Dispute smarking:Beatles and EMI Settle Long Running Dispute magnolia:Beatles and EMI Settle Long Running Dispute segnalo:Beatles and EMI Settle Long Running Dispute

Leave a Reply