The contract that launched the most successful band of all time, binding together the Beatles with manager Brian Epstein, comes up at Sotheby’s London Rock & Pop sale on September 29. Signed on October 1, 1962 just days before the release of their first single ‘Love Me Do’ it is estimated at £300,000-500,000. This is the only management contract signed between the Beatles and Epstein after the band attained its final line-up of John Lennon, George Harrison, Paul McCartney, and Ringo Starr.
“Without this contract, and the relationship it represents, it seems inconceivable that the Beatles could have achieved all that they did: it took more than inspired musicianship and song-writing to remake popular music. The presentation, direction, and internal harmony of the Beatles all owed a huge amount to Brian Epstein. He was, as Paul McCartney has acknowledged, the Fifth Beatle.” – Gabriel Heaton, Sotheby’s Specialist in Books and Manuscripts.
Fascinating insights revealed in the terms of the contract include that Epstein would determine “on all matters concerning clothes, make-up and the presentation” of the Beatles and a clause allowing for band members to be kicked out “should two or more of them desire to remove one or more of the other Artists … with the consent in writing of the Manager”. UPDATE: It sold for £365,000
