Not all cultural revolutions take place overnight. Some begin with little fanfare and take a while to gather steam. That's exactly what happened on Oct. 5, 1962, when the Beatles released their first single, 'Love Me Do,' in the U.K.
The first record contract signed by The Beatles in 1961 has been sold at auction in New York to an unnamed buyer for 75K + a 25% buyers premium. It bears the signatures of John Lennon, Paul McCartney, George Harrison and Pete Best who was later replaced by Ringo Starr.
Here’s video from The Beatles performance on September 6, 1964 at the former home of the Detroit Red Wings. The Bill Black Combo, The Exciters, Clarence ‘Frogman’ Henry and Jackie DeShannon were other acts on the bill.
Do you have $150,000 lying around the house? The Beatles’ first recording contract is for sale. The signing in 1961 led to the band’s German-market cover of ‘My Bonnie Lies Over The Ocean’ which in turn led to the band’s legendary partnership with manager Brian Epstein. John, Paul, George and Pete – who had yet to be replaced by Ringo Starr – were paid what amounted to about $20 each.
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