Andy Warhol Foundation, Velvet Underground settle lawsuit over iconic banana

The banana split between the Velvet Underground and The Andy Warhol Foundation has been settled.

In January 2012, the New York band sued the foundation in federal court in New York claiming the cover of its 1967 debut album "The Velvet Underground & Nico" had become "a symbol, truly an icon, of the Velvet Underground."

The foundation had planned to license the artwork, created by Andy Warhol from a grocery advertisement, for iPod and iPad products.

This week, the case was dismissed because of a confidential settlement between the parties, averting a July 29 trial.

Neither party is commenting on the resolution.

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Scott Mervis: or 412-263-2576. First Published May 30, 2013 2:30 PM


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