On this day (Jan. 24) in 1962: The Beatles signed their first & only management contract with Brian Epstein at the managers offices at 12 Whitechapel St. in Liverpool; Brian was to receive 25% of the bands gross earnings (the typical management deal at the time was 10%); however, Brian assumed all the costs of promoting the band, including his own expenses & travel, out of that percentage & the deal is generally regarded as one that was fair to all parties…
Posted on: Sun, 25 Jan 2015 02:18:42 +0000
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