Tuesday, September 14, 2004

Now we know how many holes it takes to fill the Albert Hall

In a weird business news story, Apple Corps Ltd., the Beatles' music corporation, and Apple Computer are reportedly close to settling the Beatles' suit against the American high tech company. The British Apple sued the American Apple for violating terms of a 1991 copyright suit in which the computer maker promised never to get into the music business. Well, along came the iPod and iTunes, and the Beatles sued again in 2003. Now there's talk of a "huge" settlement as well as a rumor that the terms of the deal could include a seat for Paul McCartney on Apple's board and even an exclusive on the Beatles' music for the iTunes Store. Now that would be worth anything Apple had to pay to settle the lawsuit.

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