Nov 25, 2008 (09:11 AM EST)
Beatles On iTunes Talks Hit Snag
Read the Original Article at InformationWeek
Plans to put Beatles' songs on iTunes have stalled.
Former band member Paul McCartney said in a press conference Monday that negotiations between Apple Corps and EMI have hit some snags. McCartney did not reveal details, but he indicated that he hoped to work out the differences, according to British media reports.
Apple Corps -- which consists of McCartney, Ringo Starr, Yoko Ono, and George Harrison's estate -- owns the rights to the Beatles catalog. Representatives from that company and Apple have repeatedly declined to comment on negotiations. EMI released solo catalogs of all four Beatles members through iTunes last year.
Media and fans have been anticipating a digital release of music from one of the most popular and prolific bands of all time through America's most popular music store for years now.
Hopes rose last year, after the computer company and Apple Corps settled a trademark lawsuit over the use of the Apple name and logo. Apple Corps sued Apple in 2003, saying the computer company broke a 1991 agreement when it began selling music. The agreement stated that Apple Corps would use its name and Granny Smith logo to produce and sell music, while Apple would use its name and logo to sell computers and software.
The 2003 settlement allowed both companies to continue using apple logos and names. Financial terms were not disclosed.
In March, British newspapers cited unnamed sources and said the music was on the verge of being released.
Steve Jobs, Apple's co-founder, chairman, and CEO, has said he loves the Beatles.