DS, signed by all four members: "John Lydon" (Johnny Rotten), "John Beverley" (Sid Vicious), "Stephen Jones," and "Paul Cook," two pages, 7.5 x 9, October 10, 1977. Official letter from Warner Bros. Records to the Sex Pistols' management company, Glitterbest, Ltd., seeking to modify a "Letter Agreement" that guarantees filmmaker Russ Meyer $77,000 "derived from the exploitation of The Picture in the United States and Canada," and a "Recording Agreement," which states that if the studio does not receive at least $150,000 it has the right to deduct no more than $20,000 per album from advances given to the band for a prearranged three-album deal. Signed at the conclusion in black ballpoint by the Sex Pistols. Double-matted and framed with a Warner Bros. publicity photo of the band to an overall size of 21.5 x 25.5. The document is in fine condition; the photo shows signs of toning and silvering.
Two months after A&M Records broke contract with the Sex Pistols, the band signed with Virgin Records in May of 1977, and on October 10th signed a contract with the label's American distributor, Warner Bros. Records, for £22,000. Never Mind the Bollocks, Here's the Sex Pistols, the band's only studio album, was released on October 28th and a week later debuted at number one on the UK Album Charts. The referenced Russ Meyer "Picture" was the unfinished film Who Killed Bambi?, which was intended to be the Sex Pistols' introduction to the American market. The film was cancelled just after a day and a half of shooting, with camps from either side blaming the other: Meyer declared that Sex Pistols manager Malcolm McLaren 'made false promises of financing and was broke,’ and McLaren in turn stated the the film's studio, 20th Century Fox, withdrew support after reading the screenplay written by Roger Ebert.
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