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The Beatles - Penny Lane Promo Video

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Uploaded on Oct 27, 2009

"Penny Lane" is a song by The Beatles, written by Paul McCartney, recorded during the Sgt. Pepper sessions, and released in February 1967 as one side of a double A-sided single, along with John Lennon's "Strawberry Fields Forever". The song was later included on the Magical Mystery Tour LP (1967). The single was the result of the record company wanting a new release after several months of no new Beatles releases. In 2004, Rolling Stone ranked the song at #449 on its list of the 500 Greatest Songs of All Time.

Background
The song's title is derived from the name of a street in the band's hometown, Liverpool. The area that surrounds its junction with Smithdown Road is also commonly called Penny Lane. Locally the term "Penny Lane" was the name given to Allerton Road and Smithdown Road and its busy shopping area. Penny Lane is named after James Penny, an 18th century slave trader. McCartney and Lennon grew up in the area and they would meet at Penny Lane junction in the Mossley Hill area to catch a bus into the centre of the city. The street is an important landmark, sought out by most Beatles fans touring Liverpool. In the past, street signs saying "Penny Lane" were constant targets of tourist theft and had to be continually replaced. Eventually, city officials gave up and simply began painting the street name on the sides of buildings. This practice was stopped in 2007 and more theft-resistant "Penny Lane" street signs have since been installed though some are still stolen. The Abbey Road sign is also frequently stolen for the same reason (see Street sign theft).

Beatles producer George Martin has stated he believes the pairing of "Penny Lane" with "Strawberry Fields Forever" resulted in probably the greatest single ever released by the group. Both songs were later released on the US Magical Mystery Tour album in November 1967. In the UK, the pairing famously failed to reach #1 in the singles charts, stalling one place below Engelbert Humperdinck's "Release Me". In the US The song reached #1 on the Billboard Hot 100 for a week before being knocked off by The Turtles song "Happy Together". The song features contrasting verse-chorus form and was credited "Lennon/McCartney", although McCartney was the main contributor to the song.

Following the success of the double A-side "Yellow Submarine"/"Eleanor Rigby", Brian Epstein inquired if they had any new material available. Both songs, though recorded during the sessions for Sgt. Pepper's Lonely Hearts Club Band, were left off the album — a decision George Martin regretted [, although the Beatles usually did not include songs released as singles on their British albums. This was also the first single by the Beatles to be sold with a picture sleeve in the UK, a practice rarely used there at that time. However, packaging singles in individually designed sleeves was standard in the US and various other countries (such as Japan).

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