Apple Inc.: The Beatles Music To Be Available On iTunes
Steve Jobs has been chasing the Beatles catalog for a long time…
His wait is over. Sources say Apple Inc. is about to announce that Beatles music will be available on iTunes.
In 2009, 39 years after breaking up, The Beatles sold the third-highest number of albums of any act in the U.S., according to Nielsen SoundScan, with 3.3 million copies sold.
The deal is from talks that were taking place as recently as last week among executives of Apple, representatives of the Beatles and their record label, EMI Group Ltd. The terms of the deal are unknown and it could change before Tuesday morning’s announcement.
EMI has been under financial strain, so, this could be a huge move for the company. Recorded music sales are down, but, this is one of the most popular acts in history.