Adam Sherwin, Media Correspondent and Ian Evans
Win tickets to the ATP finals
They revolutionised Britain’s music industry, conquered America and now the Beatles are set to dominate the download charts after settling a trademark dispute with Apple computers.
Up until now, fans of the Fab Four have been unable to download their songs legally because of the disagreement over the use of an apple logo. Yesterday the band’s representatives reached a deal with Apple, which will now take full control of the Apple brand and license certain trademarks back to the Beatles’ record company, Apple Corps, for continued use.
The decades-old dispute has meant that the band’s songs were not legally available online, but the deal could pave the way for their anticipated appearance on iTunes, Apple’s download music store, and a return to the singles charts, which now includes downloads
Steve Jobs, Apple’s chief executive officer, said: “We love the Beatles and it has been painful being at odds with them over these trademarks. It feels great to resolve this in a positive manner, and in a way that should remove the potential of further disagreements in the future.”
Neil Aspinall, the manager of Apple Corps, said: “The years ahead are going to be very exciting times for us. We wish Apple Inc every success and look forward to many years of peaceful cooperation with them.”
Mr Aspinall has already begun digitising the Beatles catalogue for online release, which would give the online market a major boost.
EMI, which owns the Beatles recordings, and representatives of the band, including Sir Paul McCartney and Yoko Ono, John Lennon’s widow, are locked in negotiations over the availability of the catalogue.
The Beatles set up Apple Corps in 1968 to release their songs and manage their creative affairs. It is still owned by Sir Paul, Ringo Starr, Ono and the estate of George Harrison.
The dispute with Apple dated back to 1980 when Harrison spotted an advert for Apple Computers in a magazine. The sides reached a deal a year later allowing Apple Computer to use the name as long as it stuck to computers.
As computers developed and their musical capabilities grew, the sides ended up in court in 1989, resulting in a new deal. They clashed again when Apple launched the iTunes download store in 2003, with the Beatles claiming that the computer company had encroached on its territory again.
Apple Corps lost a High Court ruling last year after a judge decided that iPod and iTunes had nothing to do with the creation of the music itself. EMI and Apple Corps declined to comment on the likely arrival of Beatles music on iTunes.
There was no indication when the band’s music would be available for download but one expert said with the sums involved, it would not be long.
Gene Munster, an analyst with Piper Jaffray & Co, an investment bank, said: “I bet they move pretty fast. For Apple, it was critical that they got this taken care of.” He guessed that Apple paid the Beatles up to $100 million (£50 million) for the rights to the name.
Mike Lynd, an intellectual property expert, said: “It is highly unusual to see the original owner of a trademark relinquish ownership.”
William Hill is offering odds of 8-1 that Hey Jude will be the first Beatles number one of the digital era, with Yesterday second favourite at 9-1, and She Loves You at 10-1.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
The UK's leading alternative to showroom finance.
Finance packages tailored to your needs.
Minimum loan of £15,000
Car Insurance
c£100,000 + car, bonus & bens
Lord Search & Selection
Midlands
Competitive
Barclaycard
Competitive
EVERSHEDS
London and Manchester
£80-95,000
Clay McGuire Executive Selection
Moments from Battersea Park.
For sale with Winkworth.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.