MacRumors.com

According to Starpulse, the Beatles catalog is in the process of being remastered for distribution on iTunes.

"We're remastering the whole Beatles catalog, just to make it sound brighter and better and getting proper booklets to go with each of the packages. I think it would be wrong to offer downloads of the old masters when I am making new masters. It would be better to wait and try to do them both simultaneously so that you then get the publicity of the new masters and the downloading, rather than just doing it ad hoc."

This was reportedly revealed in court by Neil Aspinall of Apple Corps record label during the Apple Corps vs. Apple Computer trademark dispute. No confirmation is available at this time.

[Update] Macworld UK reports that Apple Corps has confirmed Aspinall's statements.