Apple and Beatles settle trademark squabble

Written by tinfoil on Tuesday, 06 February 2007 10:25

Reuters : Apple Inc. has settled its long-running trademark dispute with The Beatles' company Apple Corps Ltd., in a deal which could pave the way for the band's songs to be played on Apple's iTunes music store.

In a statement, the companies said Apple Inc. would now own all the trademarks related to "Apple" and would licence certain trademarks back to Apple Corps for continued use.

The trademark lawsuit between the companies will also end with each party bearing its own legal costs.

"We love the Beatles, and it has been painful being at odds with them over these trademarks," Apple Chief Executive Steve Jobs said in a statement.

Add this page to your favorite Social Bookmarking websites