p2pnet news | Music:- Every song recorded by The Beatles, including various hard to find versions, has for years been available for free on the P2P networks.

Now, punters will be able to pay $1 and up (depending on where they are) for MP3s following an “expected” decision by Paul McCartney, “to release the Beatles back catalogue for download on the internet in a deal which could be worth up to £300 million,” says the Telegraph, going on:

“Former hits from albums such as Sergeant Pepper’s Lonely Hearts Club Band, the White Album and Help will be available on the popular iTunes website and are expected to top the download charts for several months on release.

“Although the exact value of the records are not known, some estimates have placed it at £300 million and Sir Paul, Ringo Starr and the families of John Lennon and George Harrison would all receive large sums of money as part of the contract.”

A series of bitter legal actions waged by Apple Corps, “against the computer giant of the same name, now the most powerful player in the music industry, and then record label EMI, owner of Parlophone, did little to hasten the anticipated release,” says the Independent, adding:

” The release of the individual band member’s personal repertoires on iTunes removed the final obstacles while the final settlement in Sir Paul’s £30m divorce wrangle with Heather Mills later this month will also concentrate minds.”

UK betting firm Ladbrokes was offering odds of 3-1 on ‘Yesterday’ becoming their next number one, says the story.

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Also See:
Telegraph – iTunes to strike deal over Beatles’ hits, March 8, 2008
Independent – McCartney to release Beatles back catalogue on iTunes, March 8, 2008

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This entry was posted on Monday, March 10th, 2008 at 6:13 am and is filed under Music. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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