Beatles Generating Millions - 25 Years On
Legendary group THE BEATLES are generating millions of dollars in royalties - even though they split 25 years ago.
APPLE CORPS, which handles the ALL YOU NEED IS LOVE quartet's joint business interests, has announced annual profits of $2.7 million (GBP1.4 million) with a turnover of $22.4 million (GBP11.8 million) for the last financial year.
Despite overall profits falling by $380,000 (GBP200,000) from the previous year (03), SIR PAUL McCARTNEY and RINGO STARR, and the widows of JOHN LENNON and GEORGE HARRISON - YOKO ONO and OLIVIA HARRISON - received higher payments for promotional services.
They each received $3.2 million (GBP1.7 million).14/03/2005 09:54