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Allen Klein (born December 18, 1931) is an American businessman and record label executive. Events 218 BC - Second Punic War: Battle of the Trebia - Hannibal 's Carthaginian forces defeat those of the Year 1931 ( MCMXXXI) was a Common year starting on Thursday (link will display full 1931 calendar of the Gregorian calendar.

Contents

The accountant

Allen Klein was born the son of Jewish immigrants from Budapest, Hungary. Budapest ( also /ˈbʊ-/) is the capital city of Hungary. As the largest city of Hungary it serves as the country's principal Political, Hungary (Magyarország 'mɔɟɔrorsaːg) officially in English the Republic of Hungary ( Magyar Köztársaság, literally Magyar (Hungarian Republic His father was a butcher, and his mother died before he reached the age of one. As a teenager, he worked several jobs while attending evening classes. He excelled at mental arithmetic, and graduated from Upsala College, East Orange, New Jersey, in 1956. Arithmetic or arithmetics (from the Greek word αριθμός = number is the oldest and most elementary branch of mathematics used by almost everyone Upsala College was a private college in East Orange, New Jersey, USA, founded in 1893 East Orange is a city in Essex County, New Jersey, USA As of the United States 2000 Census, the city had a total population of 69824 He did bookkeeping for several show-business people, and audited record companies. In 1957 he began his own business, a partnership with his wife Betty. A couple of years later, while attending a wedding, he met singer Bobby Darin. Bobby Darin (born Walden Robert "Bobby" Cassotto, May 14 1936 &ndash December 20, 1973) was one of the most popular He asked Darin "How would you like to make $100,000?" A stunned Darin asked what he had to do. "Nothing," was Klein's reply. He then pursued Darin's record company for what he regarded as monies owed to the singer. Darin let Klein audit his accounts and received the cheque, exactly as promised. This 'no win, no fee' approach became his trademark. Record industry insiders began to fear his blunt-speaking tenacity, and celebrities began to recommend him.

Sam Cooke

Following the death of his son in 1963, Sam Cooke started to take control of all aspects of his career. Sam Cooke ( January 22, 1931 &ndash December 11, 1964) was an American gospel, R&B, soul, and He demanded his own record company. Allen Klein became his business manager (a role which never previously existed), someone who would take the artist's side in negotiations with the recording industry. He secured an unprecedented agreement, with Cooke starting a new label (Tracey Records) that would own the rights to all of his future recordings (it would be distributed, at first, by RCA), site fees, gate revenues for concerts, 10% of all records sold, and back royalties. RCA Corporation, founded as Radio Corporation of America, was an electronics company in existence from 1919 to 1986 Royalties (sometimes running royalties) are usage-based payments made by one party (the "licensee" to another (the "licensor" for ongoing use of an Allen Klein forever changed the relationship between record company and artist.

When Cooke died in 1964, Cooke's wife Barbara became the owner of Tracey Records. She later sold these rights to Allen Klein.

Cameo Parkway

Cameo Records was formed in 1956 and Parkway, a subsidiary, was formed in 1958. Cameo and its sister label Parkway were major Philadelphia -based Record labels from 1956 through 1967 Year 1958 ( MCMLVIII) was a Common year starting on Wednesday (link will display full calendar of the Gregorian calendar. They were based in Philadelphia and specialised in pop music for the teen market. Philadelphia (ˌfɪləˈdɛlfiə Pop music as a genre features a noticeable rhythmic element catchy melodies and hooks, a mainstream style and conventional structure They had run out of hits by 1964, but struggled on until 1967, when Klein bought them, together with rights to music by The Animals, Herman's Hermits, Bobby Rydell, ? and the Mysterians, Chubby Checker and recordings produced by Mickie Most. The Animals were an English music group of the 1960s known in the United States as part of the British Invasion. Herman's Hermits were an English Pop band, formed in Manchester in 1963 as 'Herman & The Hermits' Bobby Rydell (born Robert Louis Ridarelli, April 26, 1942 in Philadelphia Pennsylvania) is an American Teen idol from Question Mark and the Mysterians (or ? and the Mysterians) were an American Rock and roll band formed in Bay City Michigan, in 1962 Chubby Checker (born Ernest Evans on October 3, 1941) is an American singer-songwriter best known for popularizing the The Twist Mickie Most, born Michael Peter Hayes ( 20 June 1938 – 30 May 2003 was a successful English Record producer, with a string of Number One The music of Cameo Parkway was made available to the public in 2005.

The Rolling Stones

In 1965, Klein replaced Andrew Loog Oldham as business manager of The Rolling Stones. Andrew Loog Oldham (born January 29 1944 in Paddington, West London) is an English Rock and roll producer, Mick Jagger had studied at the London School of Economics and was initially impressed enough with Klein's business skills to recommend him to Paul McCartney. Sir Michael Philip "Mick" Jagger, Kt (born 26 July 1943 is a Golden Globe -winning and two-time Grammy -winning English rock The London School of Economics and Political Science, more commonly referred to as The London School of Economics or LSE, is a specialist college of the Sir James Paul McCartney, MBE (born 18 June 1942 is an English rock Singer, Bass guitarist songwriter Composer, Not long after, Jagger started to doubt Klein's trustworthiness. By the late 1960s the Stones decided to fire Klein, and set up their own business structure in 1970 - however a legal settlement meant giving Klein the rights to most of their songs recorded before 1971. During the filming of Rock and Roll Circus, Klein and John Lennon met casually, but discussed no business. The Rolling Stones Rock and Roll Circus is a film released in 1996 of a December 11, 1968 event put together by The Rolling Stones. John Winston Ono Lennon, MBE (born

The Beatles

Since the death of Brian Epstein in 1967, The Beatles had been without a manager per se, although NEMS, headed by Epstein's brother Clive, had been taking care of day-to-day business, with Peter Brown acting as liaison to both the Beatles and the Epsteins, and Paul McCartney steering the band artistically. NEMS Enterprises defaults here For the Latin American record label see NEMS Enterprises (label. The Beatles were a pop and rock band from Liverpool, England formed in 1960 NEMS Enterprises defaults here For the Latin American record label see NEMS Enterprises (label. Peter Brown may refer to Historical Figures Peter Browne (Mayflower Pilgrim, also spelled Brown (1594 &ndash 1633 Pilgrim and English colonist Sir James Paul McCartney, MBE (born 18 June 1942 is an English rock Singer, Bass guitarist songwriter Composer, [1] Without a performing schedule, and with recording and filming dates in their own hands, the Beatles had not needed a traditional kind of manager. They had, however, gradually lost many of the people Epstein had made business deals with early in their career, such as music publisher Dick James and financial adviser Dr. Dick James (born Reginald Leon Isaac Vapnick, 12 December 1920, in East End, London &mdash died 1 February 1986) A financial adviser is a professional who renders investment advice and Financial planning services to individuals and businesses Walter Strach, which had secured the band financially. They were used to asking for something to be done, without thinking of the price; much of Apple Corps had been set up in this way. Apple Corps Ltd is a multi-armed multimedia Corporation founded in January 1968 by British Rock band The Beatles to replace their Epstein had been the one to put the brakes on spending, talk over practicalities, and say "no". This had been all but forgotten. Without a damper, the band had overspent, and overtrusted, and problems arose.

By 1969, Apple Corps was in a financial mess, and it was becoming obvious that a business brain was needed to sort things out. Several names were considered, including Lord Beeching. Richard Beeching Baron Beeching ( 21 April 1913 - 23 March 1985) commonly known as Doctor Beeching, was chairman of British Paul McCartney favoured Lee Eastman (father of McCartney's wife, Linda) as the man for the job, a suggestion that did not sit well with the other three Beatles, as they felt that Eastman would be batting for McCartney's interests ahead of those of the rest of the group. Lee Eastman, born Leopold Vail Epstein, ( 12 January 1910 - 30 July 1991) was a New York Show business attorney Linda Louise McCartney (née Eastman, formerly See, September 24 1941 – April 17 1998 was an American Photographer, Musician and Klein contacted Lennon after reading his press comment that the Beatles would be "broke in six months" if things continued as they were. Klein was willing to break precedent, and only take a commission on increased business; if Apple continued to lose money, he would be paid nothing.


After a meeting at Klein's suite in the Dorchester Hotel (opposite London's Hyde Park), where Klein impressed Lennon with both his in-depth knowledge of Lennon's work and his tough "streetwise" attitude and language, Lennon convinced George Harrison and Ringo Starr that Klein should take over instead. The Dorchester is a leading luxury Hotel on Park Lane in Mayfair, London, overlooking Hyde Park. London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. Hyde Park is one of the largest Parks in central London, England and one of the Royal Parks of London, famous for its Speakers' Corner George Harrison, MBE (25 February 1943 – 29 November 2001 was an English rock Guitarist Singer - Songwriter, Author Ringo Starr, MBE (born Richard Starkey on 7 July 1940 is an English Musician, Singer, Songwriter and Actor Paul McCartney agreed to pose for photographs with Klein as a show of unity, pretending to sign a new contract, but he never put his signature on the paper. This fundamental disagreement about who should manage them, fuelled by a decade-long build up of resentments and insecurity about other matters such as power and influence within the group, was one of the key factors in the eventual break-up of the Beatles.

In 1969, Klein re-negotiated their contract with EMI, granting them the highest royalties ever paid to an artist at that time; 69 cents per $6-7 album. The EMI Group is a British music company comprising the major record company EMI Music – which operates several labels and is based in Kensington in In exchange, EMI was allowed to repackage earlier Beatles material as compilations, which Brian Epstein had not permitted. A compilation album is an Album ( Music or Spoken-word) featuring tracks from one or multiple Recording artists, often culled from a variety of Klein oversaw the issuing of the single "Something"/"Come Together", at a crucial point when Apple needed income. " Something " is a single released by The Beatles in 1969 and featured on the album Abbey Road. " Come Together " is a song by The Beatles written primarily by John Lennon and credited to Lennon/McCartney. He helped rescue the abandoned Get Back project (released as Let It Be), by bringing Phil Spector to England to work with the band. " Get Back " is a song primarily written by Paul McCartney and credited to Lennon/McCartney. Let It Be is a 1970 film about The Beatles rehearsing and recording songs for the album Let It Be in January 1969 Harvey Philip Spector (born December 26 1940) is an American Record producer and Songwriter. He also transformed office habits at Apple, installing a time clock for the staff and insisting meals be pre-ordered from the building's kitchen (instead of cooked on demand). A time clock, sometimes known as a clock card machine or punch clock or time recorder, is a mechanical (or electronic Timepiece used to assist Klein slashed expenditures at Apple, cancelling payouts and charge accounts for many Beatles associates, and friends of friends, who had worked or consulted for the company.

On the other hand, Klein also managed to alienate many of the people who had previously been part of the Beatles's business and personal circle, with his abrasive style of management and negotiation. His cost-cutting measures at Apple Corps included what was considered by some as "cold-blooded" firing of many of the employees that had flocked to the band's experiment in "western Communism" (including the erratic Magic Alex, and old Epstein minion and friend Alistair Taylor). Apple Corps Ltd is a multi-armed multimedia Corporation founded in January 1968 by British Rock band The Beatles to replace their Communism is a Socioeconomic structure that promotes the establishment of an egalitarian, classless, stateless Society based Yanni (later "John" Alexis Mardas, better known as Magic Alex (born May 5, 1942, Athens Greece) is a self-styled James Alistair Taylor (born 21 June 1935 in Runcorn - died 9 June 2004 in Chesterfield) was the personal assistant of Klein also closed the Zapple Records imprint. Apple Records is a record label founded by The Beatles in 1968 as a division of Apple Corps Ltd. He spoke occasionally at Apple and Beatles press conferences; a reporter for the London Evening Standard remarked later that Klein "must have set some kind of record for unprintable language" at one such conference. He was also unable to save Northern Songs from a buyout by ATV, which took away ownership of nearly all the band's song copyrights. Northern Songs Ltd is a company founded in 1963 by music publisher Dick James, Brian Epstein, and The Beatles to publish songs Associated TeleVision Limited, best known simply as ATV, was a British ITV company from 1955 until 1981

McCartney continued to distrust Klein, though admitting to him at one point "If you are screwing us, I don't see how. " McCartney eventually sued the other three Beatles for what he called 'a divorce', and the Beatles as a business unit came to an end.

Solo Beatles

Klein helped John Lennon and Yoko Ono with their film Imagine, and helped George Harrison to organise the Concert for Bangladesh. Imagine is a 1971-produced and 1972 -released movie by John Lennon and Yoko Ono, filmed mostly at their Tittenhurst Park The Concert For Bangladesh was the event title for two Benefit concerts organized by George Harrison and Ravi Shankar, held at noon and at 700 p It was here that his reputation started to unravel. Rather than prearrange matters with UNICEF, Klein waited until after the concert to approach them, leading to questions about the proceeds, and finally a US tax investigation. The United Nations Children's Fund (or UNICEF) was created by the United Nations General Assembly on December 11, 1946 While a check was cut at the time, additional proceeds meant for UNICEF were frozen in an escrow account until the 1980s. Escrow is a legal arrangement in which an asset (such as Cash, Real property or other tangible assets is deposited into safekeeping (e Also, Klein had sided with Harrison in believing Yoko Ono should not perform at the concert, wanting Lennon to appear without her, causing Lennon to cool on Klein. born in Tokyo on February 18 1933 is a Japanese Artist and Musician. (He later took out his feelings toward Klein in "Steel And Glass", which appeared on his 1974 album Walls and Bridges. Walls and Bridges is an album by John Lennon, released in October 1974. ) After several suits and countersuits, Klein settled for a final payment of £3. 5 million in 1977. In 1978, he was parodied by John Belushi as "Ron Decline" in the TV film All You Need Is Cash (which spoofed the Beatles's story). John Adam Belushi ( January 24, 1949 – March 5, 1982) was an American Comedian, Actor and Musician All You Need Is Cash (also known as The Rutles) is a 1978 television film that traces (in Mockumentary style the career of

It turned out Klein and George Harrison were not completely finished with each other. While Klein had supported and advised Harrison during the first phase of his "My Sweet Lord" lawsuit, Klein later bought Bright Tunes, the music publishing company that sued Harrison, thus becoming his legal opponent. " My Sweet Lord " is a song by former Beatles lead guitarist George Harrison from his UK number one hit triple album All Things Must Pass A judge ruled later that Klein had unfairly switched sides in the lawsuit, and it counted against Klein in court. (Harrison ultimately became the owner of "He's So Fine", the song at the heart of the case. )

The Stones again

Klein acquired the rights to all of The Rolling Stones' recordings from the 1960s and two from the 1970s. Klein's ABKCO label released the rarest of all Stones albums, Songs Of The Rolling Stones (1975). ABKCO Music & Records Inc is the successor company to a business that was founded in 1961 as Allen Klein & Co By the late 1990s, some of the 1960s albums were becoming hard to acquire on CD. Finally, in 2002, Allen's son Jody Klein oversaw a re-mastering of the 1960s albums, to much acclaim. Outside the US, they are licenced to Universal, now owner of their original home, Decca.

Klein bought the rights to music produced by Phil Spector, such as the Philles Records and Phil Spector International catalogues, in the 1980s. Harvey Philip Spector (born December 26 1940) is an American Record producer and Songwriter. Philles Records was a Record label formed in 1961 by Phil Spector and Lester Sill, the label taking its name from a hybrid of their first names Phil Spector International was a Record label operated between 1970 and 1980 by Malcolm Jones. The 1980s was the decade spanning from January 1 1980 to December 31 1989.

The Stranger films

Klein produced a trilogy of spaghetti westerns starring and written by Tony Anthony copying Clint Eastwood's The Man With No Name. Spaghetti Western, also known in some countries in mainland Europe as the Italo-Western, is a nickname for a broad sub-genre of Western Tony Anthony (born Roger Pettito on October 16, 1937, in Clarksburg West Virginia) is a former Film Actor, producer Clinton "Clint" Eastwood Jr (born May 31 1930 is a four-time Academy Award winning American Actor and Filmmaker. The Man with No Name is a Stock character in western films but the term usually applies specifically to the character (or possibly characters played by A Stranger In Town and The Stranger Returns were released in the USA by MGM. A dispute with MGM over the last one The Silent Stranger led to it not being released for seven years after production. Klein and Anthony also collaborated on the film Blindman featuring Ringo Starr as a Mexican bandito. Ringo Starr, MBE (born Richard Starkey on 7 July 1940 is an English Musician, Singer, Songwriter and Actor Klein also appeared briefly on camera, in a similar role.

Alejandro Jodorowsky films

John Lennon, after seeing and being impressed with Chilean cult film director Alejandro Jodorowsky's El Topo, persuaded Klein to buy the rights and bankroll Jodorowsky's next film, The Holy Mountain (1973). John Winston Ono Lennon, MBE (born A cult film is a Film that has acquired a highly devoted but relatively small group of fans. Alejandro Jodorowsky (ɑːlɛˈxɑːndrɒ jɒdɒˈrɒvskiː (born February 7 1929 in Tocopilla, Chile, of a Jewish Russian (Ukranian immigrant family El Topo ( The Mole) is a 1970 allegorical, cult Western movie and Underground film, directed by and La montaña sagrada ( The Holy Mountain, reissued as The Sacred Mountain) is a 1973 Cult film directed by The Jodorowsky-Klein collaboration was an artistic success, but plans for a follow-up never materialized. Witnessing the commercial success of hard-core pornographic films, such as Deep Throat and The Devil In Miss Jones, which broke through to the mainstream, Klein saw similar potential in Pauline Réage's sado-erotic bestseller The Story Of O, but Jodorowsky walked out on the deal. Pornography or porn is the explicit depiction of Sexual subject matter with the sole intention of sexually exciting the viewer Deep Throat is an American Pornographic film released in the summer of 1972, written and directed by Gerard Damiano (listed in the The Devil in Miss Jones is a 1973 pornographic Film, written and directed by Gerard Damiano Anne Desclos ( September 23, 1907 - April 27, 1998) was a French journalist and novelist who wrote under the Pseudonyms Story of O (Histoire d'O is an Erotic novel published in 1954 about Dominance/submissiveness (D/s by French author Anne Desclos In retribution, Klein withdrew every print of El Topo and The Holy Mountain, and turned down all subsequent requests by film festivals from around the world to show them.

Both films were withdrawn from circulation for more than thirty years, with sporadic, illegal (bootleg) appearances on video - usually of poor quality. A bootleg recording is an audio and/or Video recording of a performance that was not officially released by the artist or under other legal authority Jodorowsky publicly endorsed these pirated copies of his work, since he was unable to show or distribute it legally. The dispute over the films ended in 2004, when Jody Klein contacted Jodorowsky and offered a reconciliation. In response to the films' re-appearance, both the Cannes and London Film Festivals currently organise gala screenings. The Cannes Film Festival (le Festival de Cannes founded in 1946 is one of the world's oldest most influential and prestigious Film festivals alongside Venice, The Times BFI London Film Festival is the UK 's largest public film event screening over 300 films from 60 countries [2] Both films are also available in DVD format. [3]

The Verve

On their song "Bittersweet Symphony", the British rock group The Verve sampled an orchestration from The Rolling Stones' "The Last Time", the rights to which are owned by Allen Klein's ABKCO Industries. " Bitter Sweet Symphony " is a song by English Alternative rock band The Verve, and is the lead track on their third album Urban Hymns The Verve (originally Verve) are an English rock band formed in Wigan, Greater Manchester in 1989 at Winstanley Sixth Before the release of the album, The Verve negotiated a licensing agreement with Klein, who administers the Stones catalogue, to use the sample (at least the composition rights to the sample). In 1997, The Verve's album Urban Hymns peaked at No. Urban Hymns is the third album album by English Rock band The Verve released on September 29 1997. 23 on the Billboard charts. The Billboard charts are music sales airplay and digital ranking reports distributed to the general public by Billboard magazine A bitter legal battle ensued, resulting in The Verve turning over 100% of the royalties to ABKCO. Klein argued that The Verve had violated the previous licensing agreement by using too much of the sample in their song. The Verve argued that Klein got greedy when the song became successful. Capitalizing off the success of the song, Klein licensed The Verve's "Bittersweet Symphony" to Nike, who proceeded to run a multi-million dollar television campaign using The Verve's song over shots of its sneakers. Nike Inc ('naɪki ( is a major publicly traded sportswear and equipment supplier based in the United States. Klein also allowed the song to be used in advertisements for Vauxhall automobiles. Vauxhall Motors is a British automobile company It is a subsidiary of General Motors Corporation (GM and is part of GM Europe. (Additionally, though the song was authored by The Rolling Stones, the Andrew Loog Oldham Orchestra performed the sampled recording, and also filed suit upon the success of the song. The Andrew Oldham Orchestra are a side project fronted by Andrew Loog Oldham, the original manager of The Rolling Stones. When "Bittersweet Symphony" was nominated for a Grammy Award, Mick Jagger and Keith Richards of the Rolling Stones were named as the nominees, and not The Verve). The Grammy Awards (originally called the Gramophone Awards)—or Grammys —are presented annually by the National Academy of Recording Arts and Sciences Sir Michael Philip "Mick" Jagger, Kt (born 26 July 1943 is a Golden Globe -winning and two-time Grammy -winning English rock Keith Richards (born 18 December 1943 is an English Guitarist, Songwriter, Singer, producer and a founding member of The Rolling

References

  1. ^ "After Brian died we collapsed. Paul took over and supposedly led us. " John Lennon, Lennon Remembers: The Rolling Stone Interviews, Jann Wenner, Popular Library 1971 (paperback), pg. Rolling Stone is a United States -based Magazine devoted to Music, Politics, and Popular culture that is published Jann Simon Wenner (born January 7, 1946, in New York City) is the co-founder and publisher of the music and politics biweekly Rolling Stone 51
  2. ^ Sight & Sound magazine, vol. Sight & Sound ( is a British monthly Film Magazine published by the British Film Institute (BFI 17, issue 5, May 2007, p. 92
  3. ^ the website of Abkco Films

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