February 5, 2007
Apples Settle Trademark Dispute
The Beatles and their legal representatives have settled their trademark dispute with Apple, Inc., formerly Apple Computer. The British courts last May ruled in favor of the consumer electronics company when challenged by the band's label and holding company over use of the marks. The dispute arose over a former agreement that forbade Apple Computer from entering the music business. The iTunes store selling tracks triggered the latest dispute. The settlement calls for Apple, Inc. to own all trademarks and to license them back to Apple Corps. for their use. The money details have not been disclosed.
The settlement now leads to speculation over the legal download of the band's back catalog. Steve Jobs is known to lust after the music for the iTunes store, and Neil Aspinal, Apple Corps manager announced last May that he was preparing new masters of the Beatles for CD and download release. That may have been a stick to get Apple, Inc. to come to some agreement.
So, who has more money, Apple or Microsoft, in order to get the Beatles exclusively on their store? Will Apple get stiffed by Apple?
The story is in the Washington Post.
February 5, 2007 | Permalink
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