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Apple, Garageband.com agree to share name

Garageband.com, billed as the Internet’s largest legal source of free MP3 music, and Apple Computer have signed an agreement to share the name “GarageBand.” The deal was signed in April 2003 but both parties kept it confidential until now. According to the press release, Apple has paid Garageband.com a one-time fee in order to use the name for its new music creation software GarageBand (part of the new iLife ’04 suite), announced yesterday during Steve Jobs’ Macworld Expo keynote. Consequently, Garageband.com will continue to use the name for a “vast range of products and services.”

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