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Hey, those are my toys! July 17, 2007

Posted by reverseengineer in Apple Inc., iTunes, Music.
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One of the agreements made between Apple Inc and Apple Corps, which is the record label of the Beatles, to prevent bloodshed over the same name is that Apple Inc only dip its feet in waters entirely different from the waters Apple Corps wades, so that the record company, who’s got dibs on the trademark, will not summarily chop off the feet of the computer company when they start dipping them into the Apple Corps pool.

Who can forget that big stink raised by the record label after Apple Inc. started selling music on the then iTunes Music Store, a clear violation of the agreement? Things have cooled off a bit since then and there’s been an uneasy peace in the orchard. A judge ruled last year that things will go well as long as both parties engage in distinctly different businesses. There has even been talk that Beatles music will be sold on the iTunes Store.

Well, looks like the peace might be short-lived if the rumors are true that Apple is getting set to do exactly what it shouldn’t – become a music label itself (let’s see you try to weasel out of this one, Steve).

In the wake of Universal renegotiating the terms of distribution of their music through the iTunes Store, talk has been circulating that Apple is close to becoming precisely what they should not be – a music label – with acts like Jay-Z and Beyonce, if the rumors are to be believed.

Let’s get ready to rumble!

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