Allen Klein, pictured in 1977 with Yoko Ono and John Lennon, right, died at the weekend and is remembered as rock 'n' roll's greatest svengali, It was something he enjoyed, having on his desk a plaque based on the 23rd Psalm, which read: 'Yea, though I walk through the valley of the shadow of death, I shall fear no evil, for I am the biggest b*****d in the valley.'. [52], In the spring of 1965 Andrew Loog Oldham, co-manager of the Rolling Stones, saw in Klein a terrific business adviser and ally, one who could help him win an incipient power struggle with Eric Easton, a music business veteran who was then the other half of the band's management team. He then produced and financed Jodorowsky's next film, The Holy Mountain, an allegorical journey with psychedelic overtones. [95] This proved to be McCartney and Klein's last face-to-face meeting. McCartney dug his heels in, but George Harrison and Ringo sided with Lennon. Klein immediately countersued in London, in November 1973, for $19 million in unpaid fees. Republicans... 'It's bonkers and dangerous for public health!' Klein's first trial ended in a mistrial because the jury was deadlocked. He must have had fortunes available to give. As Mick Jagger failed to tell them of his misgivings, Klein took control of Beatles affairs, immediately sacking staff who'd been with them since Liverpool, in an unsentimental cost-cutting exercise. [109] Lennon also felt betrayed by Klein's lack of support for his and Yoko Ono's increasingly politically focused work, which was typified by the couple's 1972 album Some Time in New York City.
Donald Trump demands 'STOP THE COUNT!' Inspired by Lennon's enthusiasm, Klein bought the film and put it in American release.
The case was still pending in 1976; as an alternate strategy to access Harrison's US publishing,[125] Klein now purchased Bright Tunes and thus became the plaintiff in the lawsuit against Harrison. [82] On January 26, 1969, he met with Lennon, who retained Klein as his financial representative, and the next day met with the other Beatles.
1. He also sued McCartney separately, for $34 million, but the suit was thrown out of court. [13], Klein enlisted in the US Army in 1951 where he served as a clerk typist on Governors Island, New York. How much weight is Allen Klein – 72kg** He was 77. Morris Levy, co-owner of Roulette, was feared because of his organized crime connections.
Although it was Klein who put him together with Phil Spector for the Imagine album, a few years later all of the Beatles were united in a legal battle to sever their connection with him. Whenever screenwriters create a fictional ogre of a rock 'n' roll manager, there is one person they turn to for inspiration. [31], Klein was hit with his first crisis in managing the Beatles when Clive Epstein, brother of Brian Epstein and chief heir to NEMS, the management company his brother had founded, sold NEMS to Triumph, a British investment group managed by Leonard Richenberg. Their films included a trilogy comprising A Stranger In Town,[128] The Stranger Returns (1967), and The Silent Stranger (shot in 1968 but not released until 1975 by United Artists). Well, I don't know about the valley, but he was certainly the biggest rock music manager in the world for a while, and though he once told me he would like to be considered a nice guy, that was always pretty unlikely. His November 1970 three-disc set, All Things Must Pass, was a sales triumph, and produced hit singles in "My Sweet Lord" and "What Is Life". He was known for his tough persona and aggressive negotiation tactics, many of which affected industry standards for compensating recording artists.
Northern Songs was managed by Dick James, whom Brian Epstein had rewarded with the Beatles' publishing rights in return for his helping them get placed on a TV show, Thank Your Lucky Stars, early in their career. [33] As Henderson's partner, Klein was introduced to Sam Cooke, a preeminent talent who was equally adept at writing, producing, and performing his numerous hit records.
He demanded huge advances for artists and, even more painful for the record companies he insisted that they went back and re-audited their books, where they would nearly always discover album sales, and therefore royalties, that had somehow slipped through the accounting net.
'All those guys who sold a lot of records thought they had money,' he told me, 'but they didn't really. He had to go to court to get the money, but he won.
[105], Harrison had been sued for plagiarism in 1971 because of the alleged similarity of his song "My Sweet Lord" to "He's So Fine", which had been recorded by the Chiffons in 1963 and was owned by Bright Tunes Music.
McCartney joined his bandmates in endorsing the deal Klein had secured. [147], This article is about the American businessman. [53] Barely 21, Oldham was profoundly important in the development of the Stones' image, and in initiating the songwriting partnership of Keith Richards and Mick Jagger.
[117][118] He also attempted to influence the outcome of Lennon's arrangement with music publisher Morris Levy regarding an alleged copyright infringement (of the Chuck Berry song "You Can't Catch Me") in Lennon's 1969 Beatles composition "Come Together". It was meant to take Allen Klein and Company public via its being acquired on paper by Cameo-Parkway. Doggett writes: Suspected for their motives, hated for their disruptive power, they all arrived from America and were all regarded as suspects for the crime of breaking up the Beatles, on the assumption that without them the group would have continued happily in each other's company until their dying days.
Aggressively ambitious, he worked his way through college studying accountancy and law, then quickly realised there was a gap in the market for a hard-faced, no-nonsense guy like him. The Eastmans convinced McCartney to file suit against his former bandmates for dissolution of the Beatles' partnership, which he did on December 31, 1970. The Eastmans were dismissed as the Beatles' attorneys, and on May 8 Klein was given a three-year contract as the business manager of the Beatles.
[102], Both Harrison and John Lennon soon became disenchanted with Klein. 2), Time Waits for No One: Anthology 1971–1977, Jump Back: The Best of The Rolling Stones, More Hot Rocks (Big Hits & Fazed Cookies), Rolled Gold+: The Very Best of the Rolling Stones, Live at the Checkerboard Lounge, Chicago 1981, https://en.wikipedia.org/w/index.php?title=Allen_Klein&oldid=986317543, American people of Hungarian-Jewish descent, Disease-related deaths in New York (state), Articles needing additional references from October 2017, All articles needing additional references, Articles with multiple maintenance issues, Articles with unsourced statements from July 2019, Wikipedia articles with MusicBrainz identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 31 October 2020, at 03:00. It's unlikely Klein was offended. Already involved in a minor way with The Dave Clark Five, The Animals and The Kinks, Klein's business reputation had been built on clients including Connie Francis, Bobby Darin and the great Sam Cooke.
Online estimates of Gracie Allen’s net worth vary.
Continued conflict between Klein and the Eastmans made this arrangement unworkable.
They signed with Klein.
[36] Klein forced the reluctant label to open its books for a thorough audit. This also benefited Klein, who took advantage of the earning potential of money over time to "make money from the money. However, in the lead-up to those negotiations Richenberg commissioned a hostile investigative report on Klein, which The Sunday Times ran under the headline "The Toughest Wheeler-Dealer in the Pop Jungle". [62][63]
'Because I don't trust you, Allen,' would come the unblinking reply. Certainly an element in The Beatles' break-up, frequently loathed by record companies and, let's be honest, quite a number of his clients, too, his reputation in the late Sixties and early Seventies was fearsome. He forced record companies to give artists both control and ownership of their records, which was unprecedented at the time but is normal practice now. [citation needed], In 1964 Klein became the American business manager of Mickie Most, a former singer who was the savvy producer of hits for the Animals and for Herman's Hermits.
At his second trial in 1979 the jury found Klein innocent of the felony charges and convicted him of a single misdemeanor charge of making false statements on his 1972 tax return. Continue to the next page to see Gracie Allen net worth, estimated salary and earnings. For 30.04.2020 – We have next information about Allen Klein earnings, net worth: $3,550,145 Dollars*.
Klein utilized actor Tony Anthony (actor), whom he'd met on Force of Impulse, in all four.
[119] Lennon's song "Steel and Glass" from the 1974 album Walls and Bridges was his thinly veiled dig at Klein. How Rich is Jerry Richardson?
His answer was that he didn't have friends in showbusiness or belong to the Variety Club. Harrison immediately set about organizing an event which would take place in Madison Square Garden within just five weeks—the Concert for Bangladesh—from which a live album could raise further funds for the Bangladeshi refugees.
But then a rock 'n' roll manager wouldn't have been a rock 'n' roll manager if you'd trusted him.
The judge ruled that Harrison had infringed on Bright Tunes' copyright, and the ruling was upheld on appeal. Have You Seen Your Mother, Baby, Standing in the Shadow?
Unfortunately, McCartney wanted his father-in-law, Lee Eastman, also a New York lawyer, to manage them.