Andre Yoskowitz
10 Mar 2008 12:45
The United Press International has reported that a tentative agreement between Apple and former Beatle Paul McCartney had been made which would mean that the Beatles' back catalog will finally be available for digital distribution on iTunes.
The deal, which could be in excess of $400 million USD, will be split between all the former members of the Beatles, Sony, EMI, and Michael Jackson all of which have some rights to the songs, whether it be in publishing, recording or reproduction.
Paul McCartney recently released his latest solo work for distribution on iTunes and that was followed by the release of John Lennon's solo work prompting widespread rumors that the Beatles catalog would soon follow. There has been no official announcement from either McCartney or Apple so for now the report is just speculation but we will keep you updated.