The Beatles’ Apple Corps. sued Apple Computer to protect its trademark rights, claiming that the Apple iTunes Music Store (and AppleMusic.com) infringe Apple’s trademark and violates an earlier settlement between the companies: Apple takes Apple to court
Variety reports that a settlement may be imminent: Inside Move: Beatles’ suit could upset the Apple cart
Word among the legal community is that an out of court settlement could be imminent and that it will massively dwarf the $26.5 million paid to the Fab Four’s company in 1991 in a row over trademark use.
One lawyer told Daily Variety, “People are expecting this to be the biggest settlement anywhere in legal history, outside of a class action suit. The numbers could be mind boggling.”
It will be very interesting to see what form this settlement takes…
