Sir Paul McCartney and Ringo Starr are suing EMI

Sir Paul McCartney and Ringo Starr are suing EMI over lost royalties
allegedly worth £30million.
Apple Records - which is owned by Sir Paul, Ringo and relatives of the late
Beatles members John Lennon and George Harrison - fought a previous court
battle with EMI over royalties. That case was settled out of court in 1989.
The latest dispute claims an audit showed EMI - which owns the copyright to
the Beatles recordings - has not been fulfilling the terms of its contract.
Legal proceedings have been issued in the High Court in London and the
Supreme Court in New York.
Apple Records said in a statement: "Despite very clear provisions in our
contract, 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."
An EMI spokeswoman said: "Artists do sometimes request an audit of their
record label's accounts, that's not unusual, but sometimes there are
differences of opinion, especially when the contracts are large and complex,
when you can get issues of contractual interpretation.
"Ninety-nine out of 100 audit problems are resolved by amicable settlements
for a small fraction of the claim."

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