[16] He was assigned to assist Joe Fenton in an audit of a music publishers' organization, the Harry Fox Agency, and several record companies, including Dot Records, Liberty Records, and Monarch Records. Instead of being paid the first $100,000 in cash, Cooke was paid in Tracey preferred stock, which would be taxed only when he sold it. Allen Klein, the brash music mogul whose five-decade career included stints as the business manager for the Beatles and the Rolling Stones, died Saturday in New York. [94], Abbey Road proved to be the Beatles' last true collaboration, but Klein recognised an opportunity in the band's shelved January 1969 album and related documentary project, both titled Get Back, to get another album release out of the splintered group while also fulfilling their obligation to provide one more film to United Artists, the studio that had previously released both A Hard Day's Night and Help! Steven was born June 16, 1966 in Scottsbluff, Nebraska to David and Geraldine (Rexus) Klein. After passing his exams in 1956, Klein practised as an accountant in New York City. John Allen, who was sentenced to death in 2017 for abusing and killing 10-year-old Ame Deal in 2011, will remain on Arizona’s death row, thanks to a court ruling delivered this week. He suffered several heart attacks over the years, of varying severity. [21] Klein's clients included Ersel Hickey,[19] Dimitri Tiomkin,[22] Steve Lawrence,[22] Eydie Gormé,[22] Sam Cooke, Buddy Knox,[22] Jimmy Bowen,[22] Lloyd Price,[23] Neil Sedaka,[24] Bobby Darin,[25] Bobby Vinton,[26] Scepter Records,[24] and the estate of Mike Todd. Representatives for Klein’s ABKCO Music label and for the Rolling Stones declined comment. Allen's cause of death was alzheimer's disease. Inspired by Lennon's enthusiasm, Klein bought the film and put it in American release. [67], The split between Klein and the Stones led to years of litigation. There was Herman's Hermits, Donovan, James Taylor and, above all, the Beatles. KLEIN – Allen J. [124] Klein received a lump sum payment of approximately $5 million in lieu of future royalties and as repayment of the loans that ABKCO had made to the Beatles. [57], When Klein examined the Stones' management contract with Easton and Oldham he found that the latter were receiving a disproportionate share of the group's income: not only did Easton and Oldham receive an 8 percent royalty on sales of the Stones' singles—the Stones themselves received only 6 percent—but they also received a 25 percent commission on the Stones' income. Age 50, of Java Village, died January 2, 2020. Ministering to millions globally, Prophet Tracy Cooke established Cooke Revivals Ministry to bring God's revival message through miracles signs and wonders. (hosted by Justine Willis Toms) Bio. Klein and Spector brought suit in federal court. Klein remained close to Lennon, George Harrison and Ringo Starr for several more years, assisting Harrison with the organisation of the Concert for Bangladesh in 1971. When Decca's chairman Sir Edward Lewis told Klein, "We've got a lot of good people working at this company," Klein replied: "Well, I hope they can sing, because you've lost the Stones." Klein's goal was to get Spector all the money owed him, and also to wrest a concession allowing Spector to co-administer the future licensing of his music. He founded ABKCO Music & Records Incorporated. [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. '," Klein told Cooke's biographer Peter Guralnick. [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. Although Spector had not been active as a producer for several years, his early work was still frequently broadcast and also licensed for film soundtracks. Starting in 1986, when the introduction of compact discs brought great profits to the music industry, relations began to improve between Klein and the Stones. [143] He died on July 4, 2009 in New York City. [54][55] After some management mishaps, blame for which fell at Easton's feet, and Jagger's ascension in the band's hierarchy following "(I Can't Get No) Satisfaction", the Stones' first number one record in America, Oldham sought and received Jagger's blessing to bring Klein aboard for re-negotiation of the group's contract with Decca Records. Klein had failed to register the shows as a UNICEF charity event, however;[103] as a result, the proceeds were denied tax-exempt status in Britain and the US. Clearly the Demon King didn't always exude the stench of sulphur. A courtroom win would secure the first goal, but not the second, so Klein advised a settlement strategy. Klein utilized actor Tony Anthony (actor), whom he'd met on Force of Impulse, in all four. He founded ABKCO Music & Records, Inc in 1961. This street-fighter background was later said to have particularly impressed Lennon, although he also once described Klein as a "sentimental old Jewish mommy". Yoko Ono and Sean Ono Lennon attended Klein's funeral. [13], Klein enlisted in the US Army in 1951 where he served as a clerk typist on Governors Island, New York. [1] He first scored monetary and contractual gains for Buddy Knox and Jimmy Bowen, one-hit rockabillies of the late 1950s, then parlayed his early successes into a position managing Sam Cooke, and eventually managed the Beatles and the Rolling Stones simultaneously, along with many other artists, becoming one of the most powerful individuals in the music industry during his era. Klein increased profits for his musician clients, who previously had been receiving less lucrative record company contracts. Bill, Klein majored in accounting at Upsala College, graduating in June 1957,[15] and was hired by a Manhattan accounting firm, Joseph Fenton and Company. Klein served briefly in the US army in the late 1940s before enrolling in an evening class in accountancy. [36] Klein forced the reluctant label to open its books for a thorough audit. However, Apple made $6 million in the first month following the May 1970 release of the record and the film. Klein was the brash and notoriously hard-nosed accountant and businessman who negotiated a series of deals for artists including Sam Cooke, Bobby Darin and The Rolling Stones. McCartney didn't approve of Spector, but the other Beatles did. [102] The Concert for Bangladesh live album and film raised over $15 million. NEMS held a 25% stake in the Beatles' earnings, which Klein as well as the Beatles themselves desperately wanted to buy out. In 2004, the same year that ABKCO collected a Grammy Award for a Sam Cooke documentary, Legend, Klein fell and broke bones in his foot, requiring surgery. [89][90][91], In September 1969, while Klein was in the midst of renegotiating the Beatles' unsatisfactory recording agreements with EMI, Lennon told him of his plans to quit the group. Have You Seen Your Mother, Baby, Standing in the Shadow? 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". The Beatles’ former business manager, Allen Klein, has died in New York City at the age of 77. He died on July 4, 2009 in New York City. [126], The multi-Academy Award-winning 1955 film Marty, an independently produced movie that undercut the Hollywood studio system, provided a business template which Allen Klein closely studied and later adapted to the recording industry. [139][63], In 1988 Klein began managing Phil Spector’s business affairs, including his publishing and recording assets. Klein died in New York two days later, aged 77. Lenser, Allen L. "Blonde"February 2, 1951 - January 18, 2021SERVICES PENDINGPreceded in death by parents, Frank Lenser and Charlotte Klein; sister, Lori Rodriguez. In February 1967, with an eye toward producing films and finding a way to invest his clients' money, Klein attempted to acquire Metro-Goldwyn-Mayer. ABKCO mainly licensed recordings to other companies but in 1991 it reissued a four-CD collection of recordings produced by Phil Spector. Here is Richard Allen Klein’s obituary. [5], After years of pursuit by the IRS, Klein was convicted of a misdemeanor charge of making a false statement on his 1972 tax return, for which he spent two months of 1980 in jail. In 1968 he merged ABKCO with the Cameo-Parkway record company, owner of recordings by Chubby Checker and other early 1960s teen pop artists. But James had constructed a contract that gave him an outsized share, and Epstein hadn't understood its implications. Following rancorous London meetings with both Eastmans, in April, Klein was appointed as the Beatles' manager on an interim basis, with the Eastmans being appointed as their attorneys. [24] A key early contact was attorney Marty Machat, who frequently performed legal work for Klein over the years. Klein is survived by his estranged wife, Betty, his children, Robin, Jody and Beth, and four grandchildren. Many in Harford County and beyond are mourning Monday’s death of Andrew Klein, president of Klein’s Family Markets. For the American author, see. He then produced and financed Jodorowsky's next film, The Holy Mountain, an allegorical journey with psychedelic overtones. [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. [147], This article is about the American businessman. Realizing that he had the advantage in negotiations, Klein forced Verve vocalist Richard Ashcroft to sell his rights as lyricist to ABKCO for $1, and ABKCO became the sole publisher of "Bitter Sweet Symphony. [88], An even more important battle to secure the Beatles a financial situation commensurate with their worldwide popular acclaim was with Northern Songs Ltd., the publishing company. "The whole time Allen was with the Stones he was trying to get the Beatles interested in him," said Sheila Klein Oldham (Andrew's ex-wife). Next Klein produced The Man Who Had Three Arms, written by Edward Albee. Tracey would manufacture Cooke's recordings and give exclusive rights to RCA to sell them for 30 years, after which the rights would revert to Tracey. [29], Klein acquired a reputation as a tough negotiator who could bring money to his clients. [10] An indifferent student, he graduated from Weequahic High School in 1950; fellow graduate Philip Roth was the only classmate to sign his yearbook. Other articles where Allen Klein is discussed: Alejandro Jodorowsky: El Topo and The Holy Mountain: John Lennon’s manager, Allen Klein, bought the rights to El Topo on Lennon’s recommendation, distributed it throughout the United States, and immediately engaged Jodorowsky to … Klein retaliated by withdrawing both El Topo and The Holy Mountain from distribution. It is always difficult saying goodbye to someone we love and cherish. Bennett pleaded guilty to a single misdemeanor charge and became a witness against Klein. Allen Klein helps people find laughter in grief. [119] Lennon's song "Steel and Glass" from the 1974 album Walls and Bridges was his thinly veiled dig at Klein. Steven Allen Klein, 53, of Phoenix, died Saturday, January 4, 2020 doing his most favorite hobby of mountain biking at Brown Hills Trial Ridge in Phoenix. McCartney refused to sign the contract but was out-voted by the other Beatles. The cause of his death was respiratory failure. Klein was ordered to hold "He's So Fine" in trust for Harrison provided that Harrison reimburse him the $587,000 that it had cost Klein to purchase the company. [30][29][31], In 1963, Klein began a business partnership with Jocko Henderson, an urbane black disc jockey who had daily radio shows in both Philadelphia and New York. "Sam said, 'Well, what do you think? Klein's company, ABKCO, continued to control the rights to publish the Stones' music[68] and it was Klein who made a fortune off the band's all-time best-selling album, Hot Rocks 1964–1971. [58][59] Klein offered the Stones a million-dollar minimum guarantee, paid over a 20-year period to reduce the Stones' tax liability, to let him become their music publisher, based on his faith in the Jagger-Richards songwriting team. Levy at first refused to pay but Klein forced him to agree a partial settlement of the royalties owed, of which Klein took 25%. [140], On their song "Bitter Sweet Symphony" the British alternative rock group the Verve sampled the Andrew Oldham Orchestra's version of the Rolling Stones song "The Last Time," the rights to which were owned by ABKCO, and included it on their 1997 album Urban Hymns. In the 21st century, certain forms of death records have become much more accessible than others. Allen Klein, who was Cooke's business manager, bought Tracey Records after Cooke's death and controls the rights to Cooke's performance of this song. Klein was born in Newark, New Jersey, the youngest child of Hungarian Jewish immigrants. It included the lines: "Your mother left you when you were small/ but you're gonna wish you weren't born at all.". [110][nb 1] In early 1973 Lennon, Harrison and Starr served notice that they would not be renewing Klein's management contract when it expired in March. Klein hustled to get the invited artists, including Bob Dylan and Eric Clapton, to play for free while donating their shares of royalties to charity, and convinced Capitol Records to grant an unprecedented 50% royalty rate. [66] Another possible factor in the Stones' dissatisfaction with Klein was that when the latter began to manage the Beatles he focused more of his attention on that band's affairs than on the concerns of the Stones. The IRS, which had been investigating Klein for several years, claimed that Klein and Bennett had sold promotional copies of Beatles and post-Beatles albums—common practice in the music industry at the time—without declaring the sales on their tax returns. Klein was fined $5,000 and sentenced to two months in jail, which he served in July–September 1980. by Allen Klein . 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). Allen Klein, who has successfully taught thousands to find the humor and consolations in life’s tribulations, shows us how. This also benefited Klein, who took advantage of the earning potential of money over time to "make money from the money. Please accept Echovita’s sincere condolences. Although Albee had also written big successes in The Zoo Story and Who's Afraid of Virginia Woolf?, the play Klein produced had an even shorter run than his previous attempt. 05 July 2009 • 18:42 pm. He also points out how deep listening is important in being with those who are in bereavement. A distributor never materialized, but Klein's enthusiasm for film persisted. [74] In 2003 Klein negotiated with Steve Jobs to make ABKCO's Rolling Stones songs available on iTunes. [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. Klein persuaded the company to part with $1,250,000 in advance royalties, arranging for the money to be paid to one of his own companies, through which he later bought the rights to many of the Stones' early recordings. It retains the rights to numerous 1960s recordings and to more than 2,000 songs, by Mick Jagger and Keith Richards, Sam Cooke, Ray Davies and others. Klein was diagnosed with diabetes at age 40. Klein countered with, and quickly secured, an arrangement paying the Stones twice as much, in the form of an advance. [45] Though the latter two prospects did not materialize, Most was suddenly one of the most talked-about and financially gratified figures in the English recording industry, and Klein was a step closer to eventual agreements with both the Beatles and the Rolling Stones. Patty Wooten, R.N. He eventually negotiated vastly improved deals for The Animals,[47] Herman's Hermits,[47] the Kinks,[48] Lulu,[49] Donovan,[50] and Pete Townshend of the Who. Klein's first trial ended in a mistrial because the jury was deadlocked. [7] His mother died of cancer soon afterward, and Klein lived for a time with his grandparents,[8] then subsequently in a Jewish orphanage,[9] until his father remarried shortly before Klein's 10th birthday. [100][101], For a time after the Beatles' contentious break-up, George Harrison was the most popular and successful of the former group. Beloved son of James and Donna (nee Reich) Klein; step-brother of William (late Missy) Voigt and John Allen Klein (December 18, 1931 – July 4, 2009) was an American businessman, talent agent, and record label executive, most noted for his tough persona and unethical practices. In 2004, the same year that ABKCO collected a Grammy Award for a Sam Cooke documentary, Legend, Klein fell and broke bones in his foot, requiring surgery. [43] Klein extended to Most a million-dollar promise, adding that if he failed to deliver in only one month, Most owed him nothing. [102], Both Harrison and John Lennon soon became disenchanted with Klein. The suit was settled the following year, with the Stones receiving $1.2 million as a settlement of all American royalties earned up to that point (and was essentially the $1.25 million advance that Decca had paid the Stones in 1965 that Klein had been withholding since August 1965). Klein says, "Grieving is very important, but also, I don't think we give enough credit to finding the humor." True to form, he increased the Beatles' US royalties from EMI to 25%, while cutting back on costs at Apple, which became little more than a management company. [75] Klein then turned his attention to Cameo-Parkway Records, a Philadelphia-born, Los Angeles-based label which had enjoyed hits in the late 1950s and early 1960s, thanks to Chubby Checker, Bobby Rydell, Dee Dee Sharp and others, but which by 1967 was no longer prospering. [11][12], In early work experience with a magazine and newspaper distribution company he showed skill with numbers, and learned about how profits were often concealed from those who had been crucial in generating them. [102] Klein also produced the 1978 film The Greek Tycoon, in which Anthony Quinn and Jacqueline Bisset played characters based on Aristotle Onassis and Jacqueline Kennedy. Allen Klein Death. 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