Rotten Apple gives Beatles agida
Right about now, Apple CEO Steve Jobs is flicking his nose with his thumb at the music industry and saying "Whose your Daddy now?" In addition to getting the top four music labels to knuckle under to his rules for selling music on the Internet, Jobs has beat back a challenge from Apple Corps: the record label made infamous by The Beatles. Wrote News.com's Tom Krazit:
Back in 1991, the two Apples [Apple Corps and Apple Computer] amended a previous 1981 agreement following a lawsuit that spelled out how each Apple would be allowed to use its trademarks. Apple Computer paid Apple Corps $27 million and agreed not to enter the music distribution business under the Apple Computer name and logo..... However, Apple Corps said it believed Apple Computer has been doing just that with the iTunes Music Store, and filed suit in 2003.
The judge disagreed. The case will apparently be appealed.