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Apple vs Apple -- Judgment Day
DaphneDiane writes "According to the Times Online Apple Computer successfully defended themselves vs the suit brought by Apple Corps." If you are looking for background on the case we had talked about it earlier. I'm just relieved that the battle of two bazillion dollar companies turned out well. Phew. And, of course, Apple Corp has filed an appeal already.
I wonder how much the estate of the late John Lennon or other Beatles really wanted a legal fight with Apple Computer. I think they missed out on millions of USD in downloads from iTMS due to their absence. So was it really Apple Corps led? I don't see on which basis an appeal from Apple Corps will be successful. Let's hope to see the old (and upcoming newly digitalized spiffed-up tracks) on iTMS soon.
Rubies and Pearls are not what you think.
This is a travesty - not for the gain or loss of two billionaire corporations ...
... Naked album of a few years ago, wasn't all that well liked, but we fans bought it anyway. It reminds me of Eddie Murphy's old joke about giving a starving man a cracker. He's not going to refuse to eat because he wants something else, he's going to say "Man, that was the best cracker I ever ate!"
Why does everyone keep repeating this incorrect statement? Just because the submitter thinks it's true, doesn't mean it is.
Folks, Apple Records, Apple Corp, whatever you want to call it, is NOT a billionaire corporation. Sir Paul McCartney is a billionaire, but it's not because of Apple Corp or the Beatles. He is a billionaire because he bought out song publishing companies years ago, which is where the real money is. The Lennon estate was worth $100 million at the time of John Lennon's death, most due to investments Yoko made. The late George Harrison's estate was probably worth less than $100 million at the time of his death and Ringo Starr is definitely worth less than that. If you have any knowledge of royalty rates in the industy, you will know that the Beatles simply can't be making the kind of money some of you attribute to them. In my opinion, the Beatles and their lackeys have seriously mismanaged their catalog and the failure to put out "new" product (yes, believe it or not, there are still things in the vaults that could be released officially for the first time, such as the White Album demo sessions) more than once every 5+ years have actually kept them from earning as much money as they could have earned. They release material so infrequently that it sells simply because of scarcity, not because of merit. The last offical release, the Let It Be
I don't think there is any realistic chance of the Beatles (Apple Corp) competing against Apple Computers. Apple Corp likes to sit back and get paid. They don't like to actually do something to get the money and setting up their music download store would require real work.