photo andrezza |
The Velvet Underground, US rock band managed
by Andy Warhol, and Andy Warhol Foundation settled a trademark dispute, BBC
reported.
The Velvet Underground was managed by Andy
Warhol since 1965 and he designed band’s banana symbol album cover which is still
famous to this day. The members of Velvet Underground sued Andy Warhol
Foundation for owning the banana image license. In its filing, the band claimed
the court to rule the foundation had no copyright to the banana image.
The foundation was set up for Warhol’s will
to advance the visual arts and took ownership of his copyrights in 1987, BBC
added.
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