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Apple iTunes Announcement Today at 9 AM CST: Have the Beatles Signed A Deal?

Tue November 16 2010 5:53 am  https://www.arlingtoncardinal.com/?p=32521
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On Monday, Apple, Inc. posted a mysterious message on its website that said “Tomorrow is just another day. That you’ll never forget.”

Below it displayed a row of clocks showing the time of the announcement.

Central Standard Time isn’t included, but it’s 9:00 a.m.

Yes, Beatles expected to sign deal with Apple’s iTunes

The Beatles catalogue has been a noticeable absence from the the largest music retailer in the world — iTunes store.

For years The Beatles’ music label Apple Corps was involved in a bitter trademark dispute with Apple the computer company. Apple had a previous court settlement with Apple Corps, which had the name first. The settlement declared that Apple Computer, which is know named Apple, Inc., could keep its name as long as it wasn’t in the music business. Then came iTunes, and the dispute re-ignited. The dispute was finally settled in 2007.

Bloomberg News reported that any deal with Apple comes amid uncertainty at EMI. The company’s owner, private equity firm Terra Firma Capital Partners LTD, owes millions in debt payments to Citigroup which helped bankroll the purchase of EMI in 2007.

The iTunes music store opened in 2003.

Apple recently announced previews on some songs on iTunes will be increased to 90 seconds.

If a song is longer than 2 minutes and 30 seconds, the song preview clips may now be up to 90 seconds long.

If a song is shorter than 2 minutes and 30 seconds, the song preview clips will remain at the 30 second length.

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