Following thise acrimonious split from EMI in January 1977 precipitated by the infamous Thames television interview with Bill Grundy on 1st December, 1977, The Sex Pistols, minus Glen Matlock and with new member Sid Vicious [John Beverley], were signed to A&M. Steve Jones said of the interview..."From that day on, it was different. Before then, it was just music: the next day, it was the media".
The contract offered in this lot is the one The Sex Pistols signed on 10th March, 1977 as part of an orchestrated publicity stunt outside Buckingham Palace, a venue chosen to highlight the soon-to-be released single, God Save The Queen. The official press conference took place shortly afterwards at The Regent Palace Hotel. Another contract had been signed the day before at the offices of Rondor Music, A&M's subsidiary publishing company.
Following an unfortunate incident at the Speakeasy in which Sid Vicious, John Lydon and two of their friends became embroiled with Bob Harris, compere of the Old Grey Whistle Test, after Harris refused to feature The Sex Pistols on his show, Harris sent a letter to McLaren threatening to sue. This proved to be too much for A&M, and the contract was swiftly terminated on 16th March and production of the single, God Save The Queen halted. In an interview with the Evening Standard, the following day, Malcom McLaren said "The Sex Pistols are like some contagious disease - unthouchable. I keep walking in and out of offices being given cheques".
The Sex Pistols eventually signed to Virgin on 12th May, 1977.