The Beatles Rarity » Collector’s Corner – Introducing The Beatles (the world’s most counterfeited album):: "When it was discovered that Vee Jay President, Ewart Abner, was using company funds to cover gambling debts, a management shake-up ensued, and one of the consequences was canceling the release of Introducing The Beatles, along with a few other albums.
Meet The Beatles! Capitol's first Beatles LP, released on Jan. 20, 1964
Since Vee Jay was struggling with a large amount of debt by the summer of 1963, the company ignored it’s obligation to pay the royalties owed for the sales of it’s two Beatles singles. After all, it wasn’t like The Beatles were a very high priority in America at this time, so Vee Jay execs were more focused on the important stuff. Consequently, EMI affiliate, Transglobal, declared Vee Jay’s contract with them null and void on August 8, 1963. By December of 1963, when Capitol announced it was going to do a full scale promotional campaign for The Beatles, Vee Jay was desperate for cash. Fully aware that it meant some legal troubles afterward, Vee Jay released Introducing The Beatles around January 10, 1964, which was 10 days before Capitol released their first Beatles album Meet The Beatles!"
'via Blog this'
No comments:
Post a Comment