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The Strokes
The Strokes


Background information
Origin New York City, United States
Genre(s) Indie Rock
Garage Rock Revival
Years active 1998—present
Label(s) RCA Records
Rough Trade Records
Associated acts Julian Casablancas
Albert Hammond, Jr.
Website Website
Members
Julian Casablancas
Nick Valensi
Albert Hammond, Jr.
Nikolai Fraiture
Fabrizio Moretti



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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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