
Submission + - Apple Inc. Inks Apple Corps Deal
Sometimes_Rational writes: Apple Inc. formerly (Apple Computer) has
announced
an agreement with The Beatles' company, Apple Corps Ltd. which settles
the lawsuit brought by Apple Corps.
Under the new agreement,
It looks like Apple Corps got the worse part of the dispute, unless Apple cut them a sweet deal on the licensing of the Beatles song library.Apple Inc. will own all of the trademarks related to "Apple" and will license certain of those trademarks back to Apple Corps for their continued use. In addition, the ongoing trademark lawsuit between the companies will end, with each party bearing its own legal costs, and Apple Inc. will continue using its name and logos on iTunes. The terms of settlement are confidential.