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Apple Inc. and The Beatles’ Apple Corps Ltd. End Ongoing Lawsuits


kevin_4e
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Within the past week, Apple® Inc. and The Beatles' company Apple Corps Ltd. have entered a new agreement concerning the use of the name “Apple,” along with all Apple logos. This new agreement replaces the past agreement originating in 1991. It allows Apple Inc. to now fully own all trademarks related to “Apple,” which they will then begin licensing some of them back to Apple Corps Ltd. As a result, “Ongoing trademark lawsuits between the companies will end, with each party bearing its own legal costs.” Although the terms of the settlement are not going to be released, Steve did have one comment of his own:

“We love the Beatles, and it has been painful being at odds with them over these trademarks. It feels great to resolve this in a positive manner, and in a way that should remove the potential of further disagreements in the future.”

By removing “the potential of further disagreements in the future,” does that indicate a nearing of The Beatles' work on iTunes?

 

Make sure and let us know what you think.

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