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News
Apple Working to Land Beatles on iTunes
Tuesday, May 9th, 2006 at 3:00 PM - by Jeff Gamet
Apple Corps is digitally remastering the entire Beatles music library, and Apple Computer wants it for the iTunes Music Store (iTMS). Bloomberg reports that Apple Computer is working to strike a distribution deal with Apple Corps.
Eddy Cue, Apple's vice president of iTunes commented "We certainly will do everything we can to get them on iTunes. The Beatles aren't available in any digital format today but they are going to be one day. We certainly hope that happens on iTunes."
Apple's announcement comes only days after a London court ruled in its favor over a contract dispute between the two companies over the use of the Apple logo. Apple Corps plans on appealing the ruling.
Despite the potential animosity between the two Apples over fair use of their logos, analysts agree that it makes good business sense for the Beatles music to be distributed through the iTMS. The iTMS is the dominant legal music download service with about 70 percent of the worldwide market, and can offer a distribution channel unrivaled by any other Internet-based music service.
The court ruling impact on an iTMS deal is expected to be minimal. Phil Leigh, an analyst with market research firm Inside Digital Media, stated "They're not going to refuse to market through iTunes since it's the most popular site and it's linked to the iPod."
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