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Ex-Beatle Ponies Up To Finance Divorce

Posted by Katherine McKee on Sat, 03/08/2008 - 11:02am

In order to finance his divorce settlement, Sir Paul McCartney plans to release tunes from the Beatles' catalogue on iTunes. Published reports say the former Beatle may have to pony up $40 to $60 million for a cash settlement to his ex-wife Heather Mills; his legal expenses are estimated at nearly $10 million.

The McCartney/Mills divorce is expected to be finalized in Britain's High Court on March 17.

Songs on albums including "Sergeant Pepper's Lonely Heart Club Band" and "Help!" have an estimated value of more than $400 million. The question now is, could this prompt Mills to hold out for more cash? The couple have a 4-year-old daughter together.

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