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Grinderman
Grinderman


Background information
Origin London, United Kingdom
Genre(s) Alternative Rock
Garage Rock
Years active 2006—present
Label(s) Mute Records
ANTI-
Associated acts Nick Cave and the Bad Seeds
Dirty Three
The Triffids
Website Website
Members
Nick Cave
Warren Ellis
Martyn Casey
Jim Sclavunos



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iTunes 'Paying The Beatles Direct Royalties'

January 6, 2011
iTunes 'Paying The Beatles Direct Royalties'iTunes is paying The Beatles' royalties from digital downloads directly to the band's company, Apple Corps, it's been reported.

The band's back-catalogue made its long-expected debut on iTunes in November last year.

The potentially ground-breaking agreement means The Beatles royalty split could be more than for regular artists who sell their music online.

Normally, a record label distributes royalists to artists and publishers after collecting the wholesale revenue from retailers. The typical figure for a major artist is 20%-25%.

But, according to Reuters, the Beatles record label EMI may be treating the iTunes deal as a licensing pact, which means the revenue split would be more lucrative.

Spokespeople for EMI and Apple Corps refused to comment on the report.

(by Jason Gregory)



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