Beatles Music Library On iTunes?

Rumors are swirling after Apple made the less than subtle announcement that the company had something to share at a news conference Tuesday afternoon. 

The Wall Street Journal and other news services are reporting that after years of negotiating, Apple and EMI Records have come to an agreement to sell a library full of Beatles music through iTunes.  The one gap in the Apple extensive music catalog has been the missing Beatles library. 

Apple currently sells more music than any of the large retailers such as Wal-Mart and Amazon. In the last several years, CD sales have declined as digital music services have become more popular.

Apple is scheduled to make an announcement at 3pm, Tuesday, November 16th.