Friday 15 August 2008

London firm to auction copy of Beatles' management contract next month






LONDON - Brian Epstein's transcript of his management contract with The Beatles, a pact that proved to be worth millions, is being offered for sales agreement in London next month.

The four-page text file, signed Oct. 1, 1962, by John Lennon, George Harrison, Paul McCartney and Richard Starkey - Ringo Starr's tangible name - carries an estimated price of $480,000. The Fame Bureau auction home said Tuesday it had scheduled the sale for Sept. 4 at the Idea Generation Gallery.

The contract, also signed by Harold Hargreaves Harrison and James McCartney on behalf of their nonaged sons, gave Epstein a 25 per cent cut of the group's remuneration, provided that they made more than $400 each per week.

"The word is that he made more money than the Beatles did during his