I think it was insurance against England not extending copyrights.
The Beatles’ catalog could go/have gone the way American pop music went in Europe. 50 years of copyright with no further extensions (public domain after that).
Since we are now at 1959 recordings going PD in England, the Beatles’ complete catalog could have gone PD within the next 10 years. So this is the last grab for cash before competing volumes came out.
In the end, last I read, England DID decide to extend the copyrights. But works that lapsed do NOT get to restore copyright. I see no good reason to change the law JUST because the Beatles and other British Invasion acts would be facing the SAME limited terms that all other acts (especially US acts) faced under British law.
Interesting point. Thanks. Obladee.
I wonder if that would mean we could get a definitive Kinks collection over here.