The Beatles’ Apple Corps reports £43.5m in annual turnover


From Music Week:

The Beatles have garnered £43.5 million in annual turnover via their company Apple Corps Ltd – £2 million more than they made in 2012.

The total is divided between Paul McCartney, Ringo Starr and the widows of John Lennon and George Harrison, Yoko Ono and Olivia Harrison.

According to reports, The Fab Four received £2,037,500 each in dividends, £1,936,500 in promotional activity fees and £1,175,375 in name and likeness payments.

Apple Corps signed a licensing deal with Universal’s Bravado in June that will see the introduction of a new Beatles merchandise line in the US.

Beatles merchandise sales are said to bring in $10-20 million a year worldwide.