Petteri Pyyny
12 Sep 2003 13:06
Apple Corps, the corporation owned by The Beatles, announced today that they have sued Apple Computer over its iTunes service and violation against companies' previous agreement on trademark use.
Apple Corps was founded back in 1968 and handles virtually all Beatles' business issues. Companies have fought over the trademarks earlier as well, back in 1989 the lawsuit was settled out of court by Apple Computers paying $27 million to Apple Corps and agreeing not to enter the music business.
Now, since Apple Computers has been very much in the music business during the last couple of years with its iPod digital audio player and its mega-successful iTunes music store, Apple Corps' opinion is that Apple Computers has violated against the contract they signed in 1989.
Source: CNet