Fri 13 Apr 2007
Beatles Deal Nets Paul McCartney £200million
Posted by admin under News
Tags: apple_corp, heather_mills, sir_paul_mccartney
Sir Paul McCartney will be pleased he dumped Heather Mills when he did – he’s set to make £200 million with the latest Beatles deal.
The star’s fortune could be boosted by that amount after a new deal between Apple Corp, iTunes and EMI means the band’s entire back catalogue will soon be available for download on the internet.
With Sir Paul and John Lennon’s widow Yoko Ono set to take the majority of songwriting credits the revenue will now come rolling in.
A source tells the Daily Mail, “That might just be a few per cent, but on a billion pounds of sales, that is hundreds of millions for the likes of Paul and Yoko. “The release of the back catalogue though iTunes will be the most extraordinary money-spinner. We are talking perhaps 14 remastered albums and numerous opportunities to release singles.”
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