The management contract made between the Beatles and Brian Epstein - the only such contract ever signed by the group - sold for over $550,000 at Sotheby's Rock and Pop auction in London this week.
The doc was signed on October 1, 1962, just four days ahead of the release of their first single "Love Me Do." Technically, it was the band's second contract with Epstein, but the first with Ringo Starr, as the original contract was signed by the band's first drummer Pete Best.
"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," said a rep for Sotheby's.
The contract featured an out clause stipulating that the agreement could be revoked with three months' notice - a clause later erased by Epstein.
For comments and feedback contact: editorial@rttnews.com
Entertainment News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.