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Paul McCartney and Heather Mills’ Divorce Settlement

This St. Patty’s Day has proved to be quite a lucky one for .  Today he officially washed his hands clean of .

The former Beatle and his ex left the High Court in London today after a financial agreement was finally ironed out in their bitter divorce.  Although it was originally reported that Mills would receive somewhere in the neighborhood of $110 million, she came away with much less.  Including assets she already owned, the 40-year-old will take away approximately $50 million dollars from the marriage.  (That’s approximately $12.5 million for each year they were together.)

You can view her response to the settlement below:


Daddy will also give be giving their 4-year-old daughter, Beatrice, approximately $70,000 per year for her expenses.

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E! Online


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The Beatles and iTunes - Forever Separate?

iTunesThe legal issues (which boiled down to a trademark dispute) between Apple, Inc. (the computer company) and Apple Corps. (the recording label which supports The Beatles) was solved way back in February of 2007. A year has gone by, and recent rumors suggested that Beatles tunes would at long last be in the iTunes catalogue.

Apple, Inc., however, has called these rumors “unsubstantiated speculation” while Apple Corps is issuing a “no comment” approach. The deal has been in the works for months, with Paul McCartney saying he expected Beatles tunes to become available through Apple, Inc. sometime in early 2008. Well…we’re waiting. What’s the deal here, Apples?

Both sides could be holding out until just the right moment to make the announcement, releasing the tunes when it seems most opportune. Perhaps…during a live broadcast of TV’s most popular show? If you want to know the fate of Beatles tracks on iTunes, might be the series to watch for breaking musical news.

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Yahoo! News


Beatles music not yet on iTunes

Sgt. PeppersUpdate: Turns out, is saying this is an unsubstantiated rumor.

“This is not news nor is it a scoop,” says an Apple Inc. spokesman, declining further comment.

In a USA Today interview, Steve Jobs said that:

It will happen — I hope by the first half of next year. As soon as they’re ready, we’re ready.

The original story:

Get ready to welcome Sgt. Pepper to your iPod. Sir Paul has finally reached an agreement with Apple and the iTunes store. For $400 million, they will receive the Beatles’ back catalog. Proceeds will be divided between McCartney, Ringo Starr, the families of John Lennon and George Harrison, and no doubt will trickle down to Heather Mills. Michael Jackson, EMI, and Sony, who also own part of the Beatles music, will also receive stipends as part of the deal.

 

Read More | Crave

The Beatles: Across the iUniverse

The Beatles on The Ed Sullivan ShowThe first invasion of America by the British created a nation. The second British invasion? That created four icons who will never fade from memory or music: . Though the Fab Four were Liverpool-born, their music has literally been played across the universe. One place it’s never been played is iTunes, but at last that’s all about to change.

Apple (the company behind the iMac) and Apple (the record label associated with The Beatles) have finally come to a deal. For a cool $400 million Apple (computers) purchased the rights to feature the tunes. The money will be split between the estates of the group members themselves, the Apple recording label, and (who owns the publishing rights to many Beatles tracks).

Let’s start to pull this together. recently inked a deal with iTunes to display contestant songs. The show then magically managed to get the rights to sing the Lennon-McCartney song book for the first time in seven years, and iTunes suddenly has permission to include Beatles tunes in their listings. What wonders cross-promotion can create.

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Switched


Paul McCartney Makes Heather Mills a Millionaire

Posted by Veronica Santiago Categories: Music, Divorce, Legal Issues,

Paul McCartney, Heather MillsCome next week, will not just be the most-hated women in Britain, she’ll also be one of the wealthiest.

According to UK’s Daily Mail, there may finally be an end to the -Heather Mills divorce saga.  The two, who announced their separation back in May 2006, have been negotiating in court over the past week.  The Beatle and the contender were married back in June 2002.

The Mail claims Mills is expected to receive a $110 million settlement.  That figure is based on $40 million lump sum for her, and approximately $5 million per year for the McCartney heir up until the age of 18.  (Beatrice is currently 4-years-old.)  Stella’s half-sis will also have a $2 million trust waiting for her when she comes of age.  In all, Mills will be raking in approximately $27.5 million for each year she was married to the music legend.

Click to continue reading Paul McCartney Makes Heather Mills a Millionaire

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Daily Mail


Beatles to Soar ‘Across the Universe’

Beatles For SaleThey helped unify a generation and defined what successful recording artists should aspire to…so maybe they can become alien ambassadors, too?

NASA will broadcast Across the Universe, a tune, literally across the universe next week. Or at least, some small portion of the universe. The song will be broadcast to Polaris, the North Star. This will be the first time a radio song is beamed into deep space, perfect timing as this marks the 40th anniversary of the song, the 45th anniversary of the NASA Deep Space Network, and the 50th anniversary of NASA itself.  The / tune will take 431 years to reach the star Polaris. It will be broadcast at 7 pm (EST) on Monday from Madrid, Spain.

Personally, I’m a lifelong Beatles fan (What can I say? My dad turned me on to them) so I can’t think of a better song to fill the universe.  The big-screen version of last year’s Across the Universe will also hit the shelves just hours after the song’s broadcast (Feb. 5th).

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AOL News


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