• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

The Beatles and iTunes: A question of money?

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
Down Arrow Button Icon
November 25, 2008, 12:35 PM ET

Last we checked, the full catalog of Beatles songs was supposed to be available for sale on the iTunes Store before the end of 2008.

Well, it’s not happening this year, according to one of the band’s two surviving members, and for all we know it may never happen.

“The last word I got back was it’s stalled at the whole moment, the whole process,” Paul McCartney told reporters gathered Monday for the media launch of his latest album, Electric Arguments. (link)

Where’s Fake Steve Jobs when we need him?

Nobody was better at cutting through the posturing, lawyering and stonewalling by Apple Inc. (AAPL), the Beatles’ Apple Corps and EMI that have kept the world’s best-selling musical act off the world’s largest digital music store lo these many years. (EMI owns the rights to Beatles recordings, but must get permission from Apple Corps to release them in new formats.)

A year ago, McCartney told Billboard.com that the deal was all but signed. “The whole thing is primed, ready to go — there’s just maybe one little sticking point left, and I think it’s being cleared up as we speak, so it shouldn’t be too long. It’s down to fine-tuning.” (link)

“Let me put that statement into American English,” Dan Lyons (a.k.a. Fake Steve Jobs) wrote at the time. “Paul wants more money.” (link)

Now, a year later, the sticking points seem to have multiplied.

At Monday’s press conference, Sir Paul was asked once again when the Beatles were coming to iTunes. Here, according to Billboard.biz, was his full reply:

“That is constantly being talked of, we’d like to do it,” said McCartney. “What happens is, when something’s as big as The Beatles, it’s heavy negotiations.

“We are very for it, we’ve been pushing it. But there are a couple of sticking points, I understand. So the last word I got back was that it had stalled, the whole process.

“They [EMI] want something we’re not prepared to give them. Hey, sounds like the music business.

“It’s between EMI and The Beatles. What else is new.” (link)

EMI, in response, issued this statement:

“We have been working hard to secure agreement with Apple Corps. to make the Beatles’ legendary recording catalog available to fans in digital form. Unfortunately the various parties involved have been unable to reach agreement but we really hope everyone can make progress soon.” (link)

Translation: Paul wants more money.

Or maybe Yoko Ono is the problem. One of the classic entries in the Secret Diary of Steve Jobs — before Lyons gave it up to write full-time for Newsweek (and before Newsweek finally muzzled the Real Dan Lyons) — was the scene in which he imagined Jobs and Yoko trying to thrash out an agreement in John Lennon’s old apartment in Manhattan. (The deal falls apart on Yoko’s insistence that the band be billed as  “John Lennon and the Beatles” with Yoko listed as the fifth Beatle.) (link)

The irony is that the parties involved have dragged their heels for so long that much of the deal’s original value may have evaporated. Most everyone who cares about the Beatles has already filled their iPods with songs ripped from the CDs. Meanwhile, as Peter Kafka reports on All Things Digital, the boom in digital music sales seems to be slowing, which could make even the digital Beatles harder to sell. (link)

If Sir Paul is really waiting for a better offer, he — and the Beatles fans — could be waiting for a very long time.

[Photo: The Beatles’ Feb. 7, 1964 New York press conference, courtesy of Apple Corps.]

About the Author
By Philip Elmer-DeWitt
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

EconomyU.S. economy
Americans making more than $100,000 are quickly losing faith in the economy—and it’s a red flag for the white-collar job market
By Tristan BoveJanuary 12, 2026
5 hours ago
Cryptocftc
An anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
By Leo SchwartzJanuary 12, 2026
5 hours ago
Illustration of Elon Musk in front of the xAI logo.
AIX
U.K. investigation into X over allegedly illegal deepfakes risks igniting a free speech battle with the U.S.
By Beatrice NolanJanuary 12, 2026
5 hours ago
Young teacher in classroom
SuccessGen Z
Echoing the Great Recession, Gen Z graduates are pouring into education, with Teach For America reporting a 43% surge
By Emma BurleighJanuary 12, 2026
6 hours ago
Future of WorkJobs
Acquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills
By Jacqueline MunisJanuary 12, 2026
6 hours ago
Real EstateHousing
‘Something big’ just happened in the U.S. housing market, real estate CEO says. And it could mean the difference of being able to buy a home or not
By Sydney LakeJanuary 12, 2026
6 hours ago

Most Popular

placeholder alt text
Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
12 hours ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
1 day ago
placeholder alt text
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
1 day ago
placeholder alt text
Economy
Trump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
By Jake AngeloJanuary 6, 2026
6 days ago
placeholder alt text
Success
An exec at $62 billion giant Colgate says Gen Z workers, despite getting flak for being woke and lazy, are actually ‘pushing us to get better’
By Emma BurleighJanuary 10, 2026
3 days ago
placeholder alt text
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
11 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.