Beatles' iTunes Deal Pays Royalties Directly to Band, Publisher, Say Sources
The landmark digital deal looks to be even more lucrative for the band members, their estates and Sony/ATV Music Publishing.
It seems that the EMI/Beatles deal that finally brought the Fab Four's catalog to iTunes may be more groundbreaking than originally thought. According to industry sources, iTunes is paying the Beatles' royalties from digital download sales in the United States directly to the band's company, Apple Corps, and is paying the songwriting mechanical royalties directly to Sony/ATV Music Publishing, which controls most of the Beatles' song catalog.
Subscribe now to read the full article
- Read The Hollywood Reporter on any mobile device
- Email complete articles to clients or colleagues
- Interactive Radio: listen to the topics or headlines that interest you
- RSS Feed: read in a timely manner with easy to find content
- Read Offline: locate issues and articles easily at any time, no internet connection needed
Already a Subscriber? Log In
- MOST SHARED
- MOST POPULAR