The Beatles and EMI Settle Battle

Published: 2007-04-13
After years of fame and fortune it all broke down to a head-on battle for the Beatles. The battle was regarding record label EMI and the royalties that they owed the Liverpool band. After 18 months of a raging battle there has been calm in the storm.

What did the record company owe to the Beatles? Well, Sir Paul McCartney and Ringo Starr claim it's 30 million Euros in outstanding royalty payments. There has been an agreement between the two sides but no one is saying much, an EMI employee spoke to NME saying, "I can confirm that we have reached a mutually acceptable settlement and that we are not going to say anything more than that."

So now that the royalties will be paid the songs are on their way to being released as legal downloads.

Writer: Lindsey Peterson

   

 

Fatal error: Call to undefined function session_is_registered() in /home2/soulshi/public_html/news/newsarticle.php on line 513
Please login / register to post a personalized comment, or you may simply post as an Anonymous user.
SPEAK OUT! Post your comments about this article here.