The Beatles issue a statement on NEMS Enterprises

Four days after the death of Brian Epstein, The Beatles issued a statement about the future of his management company, NEMS Enterprises.

The group revealed that they would continue to be managed by NEMS until further notice, but that Clive Epstein, Brian's brother, would not be their personal manager. "No one could possibly replace Brian," Paul McCartney was quoted as saying.

An official press statement added:

The Beatles would be willing to put money into NEMS if there was any question of a takeover from an outsider. The Beatles will not withdraw their shares from NEMS. Things will go on as before.
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