Recently had to explain to a young un that inc ripped off the name from corp and at the time everyone thought the case was as clear cut as one could be but thats not how it panned out in a US court.Had to dig out an old vinyl beatles record to explain the point .Had a read through the history and noticed that the first case payout in the States was pretty paltry and the " agreement" was a bit of a surprise as thats not how it usually worked .Did not know there was further litigation in the nineties with Inc paying an undisclosed sum for total use of the Logo/name . Anyone any idea what sort of money changed hands ?
I read a book about Northern Songs and I think it mentioned $25 million. After the original agreement Apple Inc signed an agreement to have no connection to the music industry which of course they broke.
I read a book about Northern Songs and I think it mentioned $25 million. After the original agreement Apple Inc signed an agreement to have no connection to the music industry which of course they broke.
Apple Corp versus Apple inc was a david versus goliath match up ,if there was a market on here it would have been a 1.03 shot going into that court case .
On 5 February 2007, Apple Inc. and Apple Corps announced a settlement of their trademark dispute under which Apple Inc. will own all of the trademarks related to "Apple" and will license certain of those trademarks back to Apple Corps for their continued use. The settlement ends the ongoing trademark lawsuit between the companies, with each party bearing its own legal costs, and Apple Inc. will continue using its name and logos on iTunes. The settlement includes terms that are confidential, although newspaper accounts at the time stated that Apple Computer was buying out Apple Corps' trademark rights for a total of $500 million.[12]
$500m ,should go in again imo
but never let anyone tell you apple inc was anything other than a little teeny weeny company taking the logo of a massive bands record label and using the courts to their advantage .
And dont forget the kit is all made in china
Apple Corp versus Apple inc was a david versus goliath match up ,if there was a market on here it would have been a 1.03 shot going into that court case .On 5 February 2007, Apple Inc. and Apple Corps announced a settlement of their trademark dispute