Sony/ATV Keen To Digitalise Beatles
Following the excitement caused by the American Idol’s use of the Beatles songs, and the ratings success that brought, Martin Bandier, CEO of Sony /ATV, is keen to do more lucrative deals with the catalogue, which is, of course, jointly owned by Michael and Sony/ATV.
Bandier has spoken of the negotiations to get the songs onto Apple’s iTunes music store and thinks that the Beatles may hopefully be closer to finalising an agreement to allow the songs to be digitalised. In an interview he told Reuters that would be “incredible”.
He also spoke of Michael’s half ownership of the catalogue and rumours that he may have to sell his share, for financial reasons.
On this Bandier said; “I don’t think that Michael’s interested in selling his share. For me, he’s been a great partner, has been supportive and has an amazing reputation among the artistry and makes a call when we need him to reinforce our position with artists. “
Source: Reuters & MJWN