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The Wombats
The Wombats


Background information
Origin Liverpool, England, UK
Genre(s) Indie Rock
Alternative Rock
Post-punk
Years active 2003—present
Label(s) Roadrunner Records
14th Floor Records
Website Website
Members
Matthew Murphy
Dan Haggis
Tord Øverland-Knudsen



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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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