Allen Klein: The Man Who Bailed Out the Beatles, Made the Stones, and Transformed Rock & Roll

Allen Klein: The Man Who Bailed Out the Beatles, Made the Stones, and Transformed Rock & Roll

Language: English

Pages: 336

ISBN: 0544705017

Format: PDF / Kindle (mobi) / ePub

“Fred Goodman makes this world come alive, and any fan of rock or insider tales of the music industry will be in heaven reading about this fascinating, troubling character.” — Judd Apatow, Omnivoracious

“Writing about contracts, percentages, and deals can be tedious, but Goodman makes it as exciting as reading about an artist’s sex life. The book explodes with inside dope.” —New York Daily News
Allen Klein was like no one the music industry had seen before. Though he became infamous for allegedly causing the Beatles’ breakup and robbing the Rolling Stones, the truth is both more complex and more fascinating. As the manager of the Stones and then the Beatles—not to mention Sam Cooke, Pete Townshend, Donovan, the Kinks, and numerous others—he taught young soon-to-be legends how to be businessmen as well as rock stars. While Klein made millions for his clients, he was as merciless with them as he was with anyone, earning himself an outsize reputation for villainy that has gone unchallenged until now. Through unique, unprecedented access to Klein’s archives, veteran music journalist Fred Goodman tells the full story of how the Beatles broke up, how the Stones achieved the greatest commercial success in rock history, and how the music business became what it is today.
“Fred Goodman is a superb writer . . . and his account here of one of rock ’n’ roll’s most polarizing figures could not be more readable. The even-handed tone, the supposition that readers are moderately intelligent and sophisticated, and the rather astounding involvement Allen Klein had with pop music’s largest legends—put all that together, and you’ve got one highly engrossing read.” —Yahoo! Music
“Succeed[s] both as a compelling work of rock ’n’ roll history and as a cautionary business primer.” —Wall Street Journal

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The film’s most extraordinary and revealing performance is by Jagger; watching him seduce and force his will on the audience—singing, crawling, beckoning, commanding—you know that there are no accidents of fame. By the nineties, Klein and the Stones had finally settled into a livable arrangement. Like a divorced couple who’ve learned to set aside animosity and lingering bitterness when the children need something, they negotiated partnerships and agreements. In 2002, the band toured and marked

groundbreaking deals that only he can conjure, that tells the tale. He certainly has his work cut out for him now. The Beatles’ affairs are a mess, an unwieldy, seaweed-slippery anchor chain that defies movement let alone unwinding. Management contracts, publishing and record deals—everything is twisted together and problematic. Just dismantling and restructuring Apple could keep him busy for a year. It has already kept him away from his Broadway office and in London for months. And he still has

death in 1970 would spawn a host of conspiracy theories—including, again, that his manager had murdered him. But Jeffery didn’t need what investigators classified as a drug-and-alcohol-related accident to fuel outrageous stories about him (one of which was that he led a secret double life as a government spy). Nor did the theories end with Jeffery’s own death, in 1973 in a Spanish air disaster; rumors abounded that Jeffery, who was terrified of flying, hadn’t been onboard at all but had somehow

argument,” said Davis, who met George Harrison at Klein’s home in Riverdale. “We were always direct with each other and accepting of the fact that we had separate objectives. We clicked. Our dealings were very professional and not at all confrontational. He was very effective and very successful in relating to independent-thinking artists.” Indeed, after Klein replaced Ashley Kozak—an associate of Brian Epstein—as Donovan’s manager, Donovan called him a major factor in both his commercial and

preexisting tax problems. Stamp seemed particularly keen on Hirst’s testimony regarding how Klein’s commission arrangement had been revised and the attendant and unsubstantiated suggestion that Klein had been more concerned with his own fee than with the Beatles’ taxes; it was immaterial that McCartney had voluntarily declined to deal with Klein. Tipping his hand on the final day of testimony, Stamp wondered aloud if appointing a receiver might satisfy both sides: McCartney could hire a

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