Monday, March 10, 2008

iTunes to Strike Deal over Beatles' Catalogue for Hundreds of Millions

Sir Paul McCartney is expected to release the Beatles back catalogue for download on the internet in a deal which could be worth up to £300 million. Former hits from albums such as Sergeant Pepper’s Lonely Hearts Club Band, the White Album and Help will be available on the popular iTunes website and are expected to top the download charts for several months on release. Although the exact value of the records are not known, some estimates have placed it at £300 million and Sir Paul, Ringo Starr and the families of John Lennon and George Harrison would all receive large sums of money as part of the contract.
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/03/07/nmacca107.xml

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