June 30, 2016  

The Beatles' First Audition Tape to Be Auctioned in London

November 24, 2012 (1:49 am) GMT
The rejected audition tape of the legendary British band has resurfaced and will go on sale with bids starting at $29,000.

' first audition tape, which was recorded in 1962, will now be put on auction in London on November 27. The 10-song demo was originally recorded at Decca studios in Northern London but was rejected by its executives and will now be on sale with bids starting at $29,000.

Original band members, , , , and Pete Best, went from Liverpool to London to arrive at Decca studios on New Year's Eve 1962 and record a demo tape in the hopes of getting signed by the record label.

However, Decca's senior artist and repertoire (A&R) representative, Dick Rowe, rejected the audition tape and later said to then Beatles manager, Brian Epstein that, "Guitar groups are on their way out, Mr. Epstein." Rowe's rejection is today considered by many in the music world to have been the worst business decision ever.

The Fame Bureau, which is an auction house focusing on pop items and memorabilia, will facilitate the auction of the audition tape next week. Bureau representative, Ted Owen, said to Reuters that what they thought would sell the tape is its superior sound quality.

"The most important thing about this is the quality," explained Owen. "There are bootlegs out there, horrible bootlegs - some are at the wrong speed, others are crackily and taken from a cassette off an acetate (disc). This quality we have never heard," he added.

More The Beatles News

TODAY'S HEADLINES

  1. 'Ghostbusters' Cast Show Off the New Gadgets in Latest Featurette
  2. HBO Officially Confirms Jon Snow's True Parentage With This 'Game of Thrones' Infographic
  3. New 'Star Trek Beyond' Character Poster Shows Jaylah on Cap's Chair
  4. Lady GaGa and Taylor Kinney's Wedding Plan Reportedly Shelved Because of This
  5. Taylor Swift and Tom Hiddleston Make Out in Rome, Fans Say Their Romance Is 'Staged'
  6. Watch James Van Der Beek Channel Diplo to Promote Mad Decent Block Party
  7. Jessica Simpson Reportedly Hires 'Homely' Nannies Because She Fears Her Husband Will Cheat on Her
  8. Your Favorite 'Nashville' Stars Are Returning for Season 5. Find Out Which Ones