The Beatles Still Earns More Than 88,000 US Dollar A Day
By M. Grace, October 17, 2017 00:10 AM
Legendary rock group The Beatles are reportedly making more than $88,000 a day from a company that had shut down 50 years ago, as what financial figures show.
The worldwide famous rock band, which consist of John Lennon, Sir Paul McCartney, Ringo Starr and George Harrison, formed the Apple Corps in year 1968 in order to manage their affairs. The company has then announced turnover of 31,848,000 million US dollars for the year ending January 31.
Currently, Apple Corps is owned by the two surviving members of The Beatles, Sir Paul and Ringo, as well as John Lennon and George Harrison's widows Yoko Ono and Olivia.
Accounts from the firm have revealed that each party were paid as much as 3,942,793.80 million in "aggregate fees for promotional services, name and likeness" for the 12-month period, according to the Daily Mirror newspaper. What's more is that the company's profits increased from 5,177,406 million US dollars in 2016 to 7,566,978 million US dollars.
According to the report, Apple Corps' continued financial success is more impressive given the fact that it does not own the catalogue of songs of The Beatles.
Meanwhile, Sir Paul recently admitted that he developed more positive and professional attitude towards touring.
"Probably the most important thing to do on the road is exercise and eat right. There are people who exercise 10 times the amount I do, but I just do enough. I just do what feels good, and it keeps me in some kind of shape," he said.
"When I was a kid, I used to hate P.E., physical exercise. I used think, 'Oh, it's so boring.' And in the Beatles, you wouldn't have caught us doing that. We were young; we didn't have to think about that. It just wasn't in the repertoire," he added.
"But nowadays it is, and a lot of people who didn't ever go to the gym now go and enjoy it. And there is a good feeling when you feel like you can accomplish stuff without falling over," he further added.
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