Chrysalis Welcomes Beatles Availability on iTunes
17 Noviembre 2010 - 1:00AM
UK Regulatory
TIDMCHS
RNS Number : 3044W
Chrysalis PLC
17 November 2010
17 November 2010
Chrysalis PLC
Welcomes Beatles Availability at Apple iTunes Store
Chrysalis PLC ("Chrysalis" or "the Group"), the leading independent music
publisher, is poised to generate additional producer royalties from The Beatles
following this week's decision to make the band's legendary catalogue available
at the Apple iTunes Store for the first time.
The Group now anticipates increased demand for The Beatles' digitally
re-mastered catalogues, for which Chrysalis holds George Martin's producer
master rights.
Jeremy Lascelles, Chief Executive, said: "The world has been waiting for this
for some time. The Beatles catalogue is arguably the greatest body of recorded
music in the popular music canon, and it continues to re-generate itself on a
regular and consistent basis. Last year it was the digital re-mastering
campaign, and now we can look forward to the catalogue being available on iTunes
for the first time."
As previously announced, Chrysalis expects benefits from the digital
re-mastering of the entire Beatles back catalogue to come through in 2010, along
with royalties associated with 'The Beatles Rock Band' video game, for which The
Group has high hopes.
"Monetising the opportunities for the music publishing business in the digital
environment is an important part of the Group's growth strategy," added Mr
Lascelles.
Chrysalis will announce its preliminary results on 16 December 2010.
+------------+-----------------+-----------------+----------------+
| Enquiries: | | | |
+------------+-----------------+-----------------+----------------+
| | | | |
+------------+-----------------+-----------------+----------------+
| Chrysalis | Jeremy | Chief Executive | 020 7465 6179 |
| PLC | Lascelles | Officer | |
+------------+-----------------+-----------------+----------------+
| | Andy Mollett | Group Finance | 020 7465 6321 |
| | | Director | |
+------------+-----------------+-----------------+----------------+
| | | | |
+------------+-----------------+-----------------+----------------+
| Brunswick | Tim Burt/Dania | | 020 7404 5959 |
| | Saidam | | |
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ABOUT CHRYSALIS PLC
Chrysalis PLC is an independent music company. The Group's principal areas of
business comprise: Chrysalis Music Publishing which includes the Group's
international network of music publishing companies, whose purpose it is to
exploit and grow Chrysalis's rich catalogue of music copyrights; Chrysalis Non
Music Publishing, which is made up of The Echo Label, a copyright exploitation
company; Chrysalis Copyrights, the owner of certain Master recordings and
Flatiron Management, an artist management company. Chrysalis PLC also owns
Lasgo Chrysalis, a UK-based wholesale entertainment product distribution
business which serves both domestic and overseas wholesale, retail and
entertainment markets with CD, DVD and book products.
This information is provided by RNS
The company news service from the London Stock Exchange
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