Beatles iTunes reports are 'not true'

Computer giant Apple Inc. has denied reports the Beatles' back catalogue will soon be made available on their download website iTunes.

Ex-Beatle Paul McCartney was allegedly planning to release the Fab Four's entire collection of songs and albums onto the music website in the coming months, to counter a hefty divorce payout to former wife Heather Mills.

The former glamour model - who represented herself in the divorce case last month - could reportedly walk away with $120m (€78.3m) of the singer's estimated $1.65bn (€1bn) personal fortune when a London judge delivers his settlement decision on March 17.

The addition of such albums as 'Sgt. Pepper's Lonely Hearts Club Band', the 'White Album' and 'Help!' to iTunes was estimated to be worth around $400m (€261m) for McCartney if reports were true.

But a spokesperson for Apple Inc. has dismissed the claims, telling US publication Billboard, "This is not news nor is it a scoop."