Apple coughs up money for Garageband name

According to Garageband, which claims to be the home of the definitive charts of independent music, Apple signed a deal in April last year to license the name.

It has paid Garageband a one time fee to use the name Garageband in the Apple iLife suite launched earlier this week.

But Garageband - are you still with us - will keep its name for what it described as its "vast range of products and services".

In a statement, Garageband said it was "excited" to share its name with Apple.

It added that musicians can create music on Apple Garageband and use it on Garageband's site.

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