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Former Beatles sue EMI for £30m |
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Sir Paul McCartney, Ringo Starr and relations of George Harrison and John Lennon are suing EMI to recover what they claim is more than (£30m) $53 million in unpaid royalties, their company said Friday.
Apple, the company owned by Paul McCartney, Ringo Starr, and the families of John Lennon and George Harrison, said that an audit determined that EMI had not been fulfilling the terms of its contract reports tvnz.co.nz. The band have issued legal proceedings in the High Court in London and the Supreme Court in New York.
Apple Corp chief Neil Aspinall said: "We have tried to reach a settlement through good faith negotiations and regret that our efforts have been in vain.
"Despite very clear provisions in our contracts, EMI persist in ignoring their obligations and duty to account fairly and with transparency.
"Apple and the Beatles are, once again, left with no choice but to sue EMI."
EMI said it welcomed "full financial transparency" with its artists reports BBC news.
Apple and EMI previously battled for ten years over contract disputes, ending in an out-of-court settlement in 1989. The Beatles had claimed that EMI sold or gave away millions of records without their knowledge.
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