Following up the previous music-specific story of the day here on Mashable, it appears that Paul McCartney, previously a member of the fabled Beatles music quartet (the so-called Fab Four), has finally agreed to distribute the whole of the historied band's back catalogue for the sum of $400m. A portion of the profits will be given to Ringo Starr, another surviving member of the group, as well as the families of the late George Harrison and John Lennon, reports the UPI.

So far, the Beatles catalogue has been one of few in existence not secured by Steve Jobs and his iTunes enterprise. It has been suggested for a number of years that a deal was imminent at numbers moments in the past, only to be unsubstantiated.