The Beatles Online Catalogue Won't be a 'Needle-Mover'



According some analysts, the availability of The Beatles tunes online won't bring much profit for Apple Inc.

Paul McCartney's anticipated announcement regarding The Beatles online catalogue may receive a milder enthusiasm from Apple Inc. Though with the tremendous popularity of the legendary band, analysts think that the catalogue availability won't be a "needle mover".

While currently no digital music company has settled a deal to sell Beatles songs online, Apple Inc's iTunes is the most likely to be the biggest player in the game. Analysts however said that at 99 cents a song, the company wouldn't receive a big profit like it seems to be. Analyst Matthew Kather said, "Having the Beatles on iTunes is fabulous, but it's a non-event."

The deal that stands a bigger chance to make a greater profit would be that between Apple Inc. and EMI. It was reported that EMI artists would be made available over iTunes without copyright-protection software.

Following his solo albums made available online, McCartney announced on Friday, May 11 that The Beatles' catalogue might come afterwards. "I don't want to pre-empt anything, but we're well on the way to something happening there, which is very exciting."

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Report: Drake Is Actually Gay and His Rihanna Romance Is Fake
  2. Angelina Jolie Found Photos of Selena Gomez and Other Women on Brad Pitt's Phone?
  3. Justin Bieber Is Reportedly Pursuing Pamela Anderson
  4. Audrina Patridge Shares Sweet Photo of Her Breastfeeding Her Daughter
  5. Is That a Baby Bump? Christina Aguilera Looks Pregnant When Attending Drake's Concert
  6. Tyga May Have His Mom's Car Repossessed
  7. Rob Kardashian Tweets Kylie's Number as He Blasts His Family for Snubbing Blac Chyna
  8. Report: Taylor Swift Is Pursuing Prince Harry After Tom Hiddleston Split
  9. See Tom Brady Sunbathing Completely Naked During Vacation With Gisele Bundchen
  10. Mariah Carey Debuts New Song 'Infamous' for 'Empire' Series

CELEBS PHOTO