Apple Corp and EMI reach agreement

The legal dispute between the Beatles’ Apple Corp and EMI over allegedly unpaid royalties has been settled.

Surviving former Beatles Paul McCartney and Ringo Starr, along with Yoko Ono and Olivia Harrison, widows of John and Paul, had claimed that EMI owed them £30m in ‘missing’ royalties from album sales.

Neither Apple or EMI would disclose the terms of the settlement or how much money was finally involved in bringing the dispute to what the label described as “a mutually acceptable” agreement.