John Lennon's widow tells Reuters: "Don't hold your breath"
Apple (AAPL) settled its trademark dispute with Apple Corps, The Beatles' holding company in February 2007, clearing the way for one of the world's most commercially successful pop bands to put its catalog on iTunes, the world's largest music store.
Three years later, the three parties involved -- Apple, Apple Corps. and EMI, which holds the licensing rights -- have still not managed to hammer out an agreement.
"We are holding out," Yoko Ono, who as John Lennon's widow has veto power over any deal, told Reuters Thursday. "Steve Jobs has his own idea and he's a brilliant guy. There's just an element that we're not very happy about, as people."
"Don't hold your breath ... for anything!" she reportedly said with a laugh.
It's still not clear what's holding things up. Steve Jobs, who counts The Beatles among his favorite bands, has said several times that he's ready to cut a deal. Two years ago Sir Paul McCartney told the press that EMI was the problem. "There are just a couple sticking points," he said. "They [EMI] want something we're not prepared to give them."
Meanwhile, Beatles tunes are being downloaded for free from music sharing sites at the rate of some 100 million songs per year, according to a 2009 estimate.
[Follow Philip Elmer-DeWitt on Twitter @philiped]
Apple's CEO tops two polls in one week. Will no one rid us of these meddlesome lists?
Last Thursday, Oct. 8, an Agenda Setters panel named Steve Jobs the most influential individual in the global technology industry, ahead of Tim Berners-Lee, inventor of the World Wide Web, and Barack Obama, President of the United States.
Four days later, a survey of 1,000 tweens and teens ages 12 to 17 picked Steve MOREPhilip Elmer-DeWitt - Oct 14, 2009 7:11 AM ET
Apple's (AAPL) "secrecy machine" kicked back into high gear in the days leading up to Wednesday's "It's only rock and roll" event, according to Daring Fireball's John Gruber.
But that hasn't stopped Gruber and the rest of the Apple-watching trade press from publishing surprisingly definitive (and deliciously contradictory) statements about what announcements Apple will and won't be making in just a few hours.
Gruber, for example, confesses that he's heard very little MOREPhilip Elmer-DeWitt - Sep 9, 2009 6:47 AM ET
Catching up on late week Apple (AAPL) news...
Beatles on iTunes in 2008. We've heard stories like it before, but this one has a twist. The London Evening Standard reported Saturday that Paul McCartney, who is said to be worth more than $1.65 billion, will begin releasing the Beatles catalog on iTunes in the coming months to help defray the $40 to $60 million it may cost him to get MOREPhilip Elmer-DeWitt - Mar 8, 2008 10:23 AM ET
|Economy is improving but why doesn't it feel that way?|
|Where should you put your money now?|
|Boost for trade as global deal struck|
|Someone bought a $100,000 Tesla with Bitcoins|
|2 million Facebook, Gmail and Twitter passwords stolen in massive hack|