Apple Records

Apple Records is a British record label.

History

Apple Records was founded in 1968 (as a division of Apple Corps Ltd.) by the musical group The Beatles. Earlier Beatles albums had been released on Parlophone/EMI in England, and Capitol Records (or United Artists Records) in the US. In a new recording deal, EMI and Capitol agreed to distribute Apple Records until 1975; Apple owned the rights to records by artists they signed, while EMI retained ownership of the Beatles' records, though issuing them under the Apple label. The label became successful, surviving the breakup of the Beatles in 1970, and was resurrected in the late 1980s, for use on all Beatles CDs.Apple records owns the right to all of the beatle videos and movie clips.

Related Topics:
1968 - Apple Corps Ltd. - The Beatles - Parlophone - EMI - Capitol Records - United Artists - US - Recording deal - 1970

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

This venture was reportedly due to the Beatles' need to invest money as a tax shelter. The British tax laws at the time were regarded by many as draconian. When George Harrison sang in his song "Taxman", "There's one for you, nineteen for me", (referring to shillings in the pound) he was not kidding. That was the exact amount they retained after taxes – five per cent. As George added, "Should five per cent appear too small, be thankful I don't take it all."

Related Topics:
Draconian - George Harrison - Shilling - Pound

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The first group to have a record released on the label (a 45rpm single titled "Dear Delilah") was called Grapefruit. The recording sessions were done in London in late 1967, and the producer was the American Terry Melcher of The Byrds fame. Terry Doran, who was the director of Apple Publishing, helped to put the group together and his assistant Derek Lepper became the group's road manager.

Related Topics:
Single - Terry Melcher - The Byrds - Terry Doran - Road manager

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

During the 1974 proceedings dissolving the Beatles as an entity, a court ruling decreed that eighty per cent of all profits from Beatles albums (as a group) would accrue to Apple Records, and five per cent would go to each of the four members. The label consistently made a profit through 1984, mostly through continued issues of old Beatles records, then lost money for several years.

Related Topics:
1974 - 1984

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Apple Corps has had a long history of trademark disputes with Apple Computer, and (as of 2005) the two companies are still involved in litigation.

Related Topics:
Apple Computer - 2005

~ ~ ~ ~ ~ ~ ~ ~ ~ ~