Apple & Apple Corps Settlement?
According to Daily Variety (subscription required) in a story also picked up by Ultimate-Guitar.com, Apple Computer and Apple Corps are on the verge of announcing a huge settlement in their ongoing trademark dispute, one that could "massively dwarf the $26.5 million paid to the Fab Four's company in 1991 in a row over trademark use."
A lawyer was quoted in these stories as opining, "People are expecting this to be the biggest settlement anywhere in legal history, outside of a class action suit. The numbers could be mind boggling." The name of this lawyer wasn't disclosed, nor how he would be in possession of inside knowledge of the alleged impending settlement.
There is a possibility that Apple Corps may become a large shareholder in Apple Computer, a result which might bring former Beatle Paul McCartney to the Apple board of directors.
A lawyer was quoted in these stories as opining, "People are expecting this to be the biggest settlement anywhere in legal history, outside of a class action suit. The numbers could be mind boggling." The name of this lawyer wasn't disclosed, nor how he would be in possession of inside knowledge of the alleged impending settlement.
There is a possibility that Apple Corps may become a large shareholder in Apple Computer, a result which might bring former Beatle Paul McCartney to the Apple board of directors.
Top Rated Comments
(View all)97 months ago
I think an obvious question raised by this is 'is the Beatles catalog going to be available on iTMS or not?'
97 months ago
WTF? i love the beatles, but this kind of thing really chaffs my ass. has ANYONE ever confused Apple Computer w/ being a part of the Beatles music label? did someone mistakingly think that Paul & Ringo created the iPod? c'mon...
hey paul, is this how you're going to buy back your music from michael? the price may be right now that he's got some legal fees to pay.
hey paul, is this how you're going to buy back your music from michael? the price may be right now that he's got some legal fees to pay.
97 months ago
Apple Computer and Apple Corps are on the verge of announcing a huge settlement in their ongoing trademark dispute, one that could "massively dwarf the $26.5 million paid to the Fab Four's company in 1991 in a row over trademark use."
In favor of whom?
97 months ago
I'm not sure where I stand on all of this, but it would be nice to get a roadblock out of Apple's way, and let them get some good news, good buzz, and keep making great products.
If Paul was on the board, Apple would continue to gain street cred, and continue to rock ;-)
If Paul was on the board, Apple would continue to gain street cred, and continue to rock ;-)
97 months ago
lawyers and the us law :rolleyes:
man am I glad we don't have this huge lawyer-industry in europe
man am I glad we don't have this huge lawyer-industry in europe
97 months ago
I dunno.. I just hope the numbers in this aren't as big as I'm thinking they'll be.. If they're not, everything's great, and we get Beatles on iTMS (probably).
If they are.. We'll see.
If they are.. We'll see.
97 months ago
Boooooooo Beatles! Give me a break! Apple records and Apple computer, yeah, lot's of consumers are SO confused about this.
97 months ago
I hope this doesn't happen. I love apple, this would put a major dent in their 5 billion in cash.
97 months ago
lawyers and the us law :rolleyes:
man am I glad we don't have this huge lawyer-industry in europe
It's a European company that's filing the suit, and the legal proceedings are being held in Europe.
97 months ago
I think an obvious question raised by this is 'is the Beatles catalog going to be available on iTMS or not?'
I thought that Michael Jackson was in charge of that...
Isaac
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