Eriq Gardner of THR, Esq. takes on the analysis on the recent Beatles deal that got the Beatles music on Itunes. It is a must read as Gardner delves into the royalty fees that was an impediment prior to the deal.
“Perhaps you’ve heard the news — a certain band from Liverpool has come to iTunes.
In the aftermath of yesterday’s announcement that Apple’s iTunes store will begin selling the Beatles catalogue, most commentators were struck by how long it took to make this happen.
Us? We’re impressed with the speed of the dealmaking.
Apple Corps, the corporation founded by the Beatles in 1968 (and not to be confused with Apple Inc.) hired its primary lawyers not too long ago. According to an interview with UK publication The Lawyer, the law firm of Eversheds was retained on October 25 to draft the contract. Less than two months later, working in secret, bam — the announcement.
The speed of the dealmaking suggests that the major impediment to selling Beatles songs in digital format had largely been worked out by the time it was time to negotiate with Steve Jobs’ company. . .”
—-Full Story on THR Esq.
FASHIONENTLAW blog, authored by Ms. Uduak, was first established in 2010. It is now incorporated, in 2021, as part of the FASHIONENTLAW LAW FIRM blog. The blog is for informational purposes only and provides legal commentary and analysis on the intersection of mainstream America pop culture and the law. It also provides updates on Ms. Uduak’s speaking engagements and press activities. For inquiries on topics covered on this site, please get in touch with our firm. If you seek legal representation for your specific legal needs, please schedule a consultation.
📞Call 916-857-9970 or
🌐Email ([email protected])
💻 Schedule a consultation directly on this site.