Mar 10
Paul McCartney has signed a $400 million deal with Apple for the distribution of the entire Beatles’ back catalog on iTunes. Under the deal, the money will be distributed to Ringo Starr, the families of George Harrison and John Lennon, Michael Jackson, EMI and Sony, along with McCartney getting his share as well. It appears that this deal is NOT exclusive to iTunes. Not the smartest move by Apple, how are they going to make back all that money? If you already have all the Beatles tracks, why would you buy them again?
March 11th, 2008 at 12:52 am
Well, I’m not sure how smart Apple was in this deal. You never know what they have going on in their sleeves. Despite what many people might think, I have a feeling that they don’t really regret their decision very much. Or maybe they just have that Apple confidence. Maybe they have a grander scheme going on. Hehehe