EXCLUSIVE: It appears The Beatles are still raking in the cash as they managed to bank over £50 million last year, according to official company documents
The Beatles are still making plenty of notes after the band’s company banked £50,244,899 last year.
Turnover for Apple Corps Limited was revealed in yearly account details – and equates to £137,657 a day.
Of this income, pay to Sir Paul McCartney, Ringo Starr, John Lennon’s widow Yoko Ono and George Harrison’s Widow Olivia was £6.1million each.
This was made up of £1,417,000 in dividends and £4,719,500 in “connection with the provision of promotional services and name and likeness rights”.
Apple Corps also made a pre-tax profit of £8,606,191 for the year ending January.
A joint venture with Cirque du Soleil is responsible for a large chunk of the money, as the theatrical production Love was doing well in Las Vegas before the Covid-19 lockdown.