Talks between Apple, Inc., Apple Corps, and EMI to bring the Beatles catalogue to the iTunes Store have "stalled," according to a statement by Paul McCartney to the Associated Press.
McCartney said, "The last word I got back was it's stalled at the whole moment, the whole process." He told the BBC that "heavy negotiations" were in progress with EMI, who said they were "working hard to secure agreement with Apple Corps."
My ill-informed, Captain Obvious guess? Someone's holding out for more money. The AP oddly suggested that the holdup is related to a trademark dispute between Apple Corps and Apple, Inc. which was settled in court last year.
McCartney continued, "I really hope it will happen because I think it should."
[Via Cult of Mac.]