Monday, March 27, 2006

Beatles take Apple to court over core business

The Times Online is reporting that the Beatles will take Apple Computer to court "claiming that the introduction of iTunes broke a $26 million settlement under which Apple Computer agreed to steer clear of the music business, for which the Beatles'’ company retains the famous trademark."

I remember this going through the courts when I was in college, and recalled the agreement again when I heard about iTunes and the iPod. I pondered at the time how they'd managed to agree on this and what settlement must have been paid for them to come out with a music service. It was only a matter of time before the lawyers came out to play. I wonder if they waited until the service was hugely popular andindispensablee to many so they could sue for a larger settlement? ;)

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