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Article: Beatles' Apple Corps Settles EMI Suit
- Article from:
- AP Online
- Article date:
- April 12, 2007
CopyrightCopyright 2007 Associated Press/AP Online. This material is published under license from the publisher through YellowBrix, Alexandria, Virginia. All inquiries regarding rights should be directed to YellowBrix. (Hide copyright information)
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LONDON - The Beatles' Apple Corps company has settled a royalties dispute with record label EMI, the two companies said Thursday, raising hopes that Beatles recordings may soon be legally available online.
"It was settled on mutually acceptable terms last month," Apple Corps and EMI said in a joint statement. They refused to provide details of the settlement.
Apple Corps Ltd., the company owned by Paul McCartney, Ringo Starr and the widows of John Lennon and George Harrison, sued EMI Group PLC in 2005 to recover what the band said was more than 30 million pounds ($60 million) in unpaid royalties. EMI releases Beatles recordings under the Apple label.
Apple Corps is a zealous guardian ...