Beatles record company Apple Core has decided to publish the entire Beatles back catalog on Russian mp3 site Allofmp3.com. The move by Apple Core records comes as a huge surprise to the industry as Apple Core recently inked a deal with Apple Computer ending the decades long feud between them. Many had believed the deal would pave the way for iTunes to have exclusive access to the Beatles back catalog.
The record industry has greeted the news of the agreement between Apple Core and Allofmp3.com with shock and surprise. Allofmp3.com has long been viewed by the major record companies as an outlaw provider of copyrighted music files. Apple Core's choice of them as the exclusive distributor of Beatles' music is sending shock waves across the entire music industry.
"It's like the President's daughter announcing she will marry Osama Bin Laden." Says RIAA lawyer Hugh Billings. "Allofmp3.com is an outlaw organization with links to organized crime and possible terrorist groups. More importantly, Allofmp3.com doesn't pay any royalties to RIAA members for the use of their copyright materials. Giving Allofmp3.com control of the must lucrative music franchise in history is a mistake, a very big mistake."
Our sources indicate that RIAA lawyers have been dispatched to Apple Core offices to examine the legality of the deal and apply 'pressure' on Apple Core executives to rethink their decision to go with Allofmp3.com.
Apple Computer refused to comment on the announcement.