[95] This proved to be McCartney and Klein's last face-to-face meeting. 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. When the exasperated teacher directed a question at him, Klein gave the correct answer without lifting his head. His first client was the soul music star Sam Cooke, who was unable to get royalty payments from his record company, RCA. [131] The first two "Stranger" films were released by MGM the studio where Klein produced Mrs. Brown, You've Got a Lovely Daughter starring the popular Herman's Hermits. ABKCO mainly licensed recordings to other companies but in 1991 it reissued a four-CD collection of recordings produced by Phil Spector. Klein had been suffering from Alzheimer's disease, and ABKCO is now run by two of his children. He died on July 4, 2009 in New York City. In 1965, the Stones' managers had enlisted Klein to renegotiate the group's contract with Decca Records in London. He also arranged for a level of tour support and publicity far above anything the band had ever previously experienced for the Stones' 1965 American tour in support of the album December's Children. past president The American Association for Therapeutic Humor In 1962 Klein produced a film called Without Each Other. He also forced London Records, Decca's American subsidiary, to sign a separate contract. [85][86] He closed Apple Electronics, which was headed by Alexis Mardas. [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. [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. [115][nb 2] While the suits were ongoing, Klein made a play for the US portion of Harrison's publishing company, Harrisongs, in late 1974, without success. [102] The Concert for Bangladesh live album and film raised over $15 million. [73] In 2002 the Stones' album Forty Licks and the Licks Tour, celebrating the band's 40th anniversary, incorporated songs owned by ABKCO. '," Klein told Cooke's biographer Peter Guralnick. [100][101], For a time after the Beatles' contentious break-up, George Harrison was the most popular and successful of the former group. It Had to be You, a romantic comedy starring Renée Taylor and Joseph Bologna, ran for barely a month. After a face-to-face reconciliation between the two men Klein dropped his lawsuit and ABKCO released the films on video, paying Jodorowsky to remaster them. He founded ABKCO Music & Records, Inc in 1961. [135], Klein's legs appeared in Lennon and Yoko Ono's 1971 film Up Your Legs Forever. 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. Morris Levy, co-owner of Roulette, was feared because of his organized crime connections. Next Klein produced The Man Who Had Three Arms, written by Edward Albee. There's nothing funny about death, or is there? Continued conflict between Klein and the Eastmans made this arrangement unworkable. by Allen Klein . [17] In an early setback to Klein's career, he was fired by Joseph Fenton and Company after four months because of chronic lateness. [27], In June 1958 Klein married Betty Rosenblum, a Hunter College student seven years his junior. He decided that the combined financial affairs of the former Beatles should be placed in the care of a receiver until mutually acceptable terms for their break-up could be found. His first encounters with the music business occurred when he was asked to audit the accounts of small record companies, including the Roulette label, owned by Morris Levy, a notorious figure with alleged links to the mafia. [104] The IRS attempted to tax the income, and $10 million of that amount was held back for years. He founded ABKCO Music & Records, Inc in 1961. "Allen Klein has created another masterpiece! [96], Unhappy with production decisions on the Let It Be album and the other Beatles' decision to hire Klein as their manager, McCartney went public with his plans to leave the Beatles in April 1970. [19], Aided by his friendship with music publisher Don Kirshner, a fellow alumnus of Upsala College,[20] Klein worked as an accountant for the next several years, assisted by Henry Newfield, a CPA who was a friend from school and the Army, and Marty Weinberg, another CPA, under the name Allen Klein and Company. Mick Jagger once chased him down a corridor at the Savoy Hotel after a business meeting and his financial relationship with the Stones was not settled until 1984. [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. Allen Klein is the former Director of Life and Death … ", The song became a hit, popular for use at sporting events, and it was a big money-maker for ABKCO, which licensed its use for commercials advertising Nike shoes and Opel automobiles. Klein succeeded in releasing the monies owed to Cooke and soon established a corporation to own the rights to Cooke's future recordings. 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. [119] Lennon's song "Steel and Glass" from the 1974 album Walls and Bridges was his thinly veiled dig at Klein. [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. Yoko Ono and Sean Ono Lennon attended Klein's funeral. Allen Klein, who died on July 4 aged 77, was the American accountant who briefly managed the Beatles and was widely blamed for the group’s final split. 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. He was known to pay artists as little as possible. Although Cooke was clearly making his label, RCA Records, a great deal of money, label executives nonetheless repeatedly refused to honor his many requests for a review of his accounts. [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. Allen Klein helps people find laughter in grief. The Verve had obtained the rights to sample the recording from Decca, but had failed to consider obtaining the necessary permission from ABKCO itself until the album was ready for release by EMI. "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). In the late 1950s Klein shared an office with press agent Bernie Kamber, who represented Burt Lancaster, one of Marty's producers. [147], This article is about the American businessman. [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. [144], In June 2015, American journalist Fred Goodman published a biography of Klein, Allen Klein: The Man Who Bailed Out the Beatles, Made the Stones, and Transformed Rock & Roll. Klein, Cooke's manager, sneakily changed paperwork and listed himself as owner instead (and Sam Cooke as his employee). Paul McCartney preferred to be represented by Lee and John Eastman, the father and brother respectively of McCartney's girlfriend Linda, whom he married on March 12. Lenser, Allen L. "Blonde"February 2, 1951 - January 18, 2021SERVICES PENDINGPreceded in death by parents, Frank Lenser and Charlotte Klein; sister, Lori Rodriguez. 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. It too was for $600,000. [80][81], Klein contacted John Lennon after reading his press comment that the Beatles would be "broke in six months" if things continued as they were. A key figure in this process was the New York accountant Allen Klein, who has died aged 77. [137] In the early 1980s Klein produced two Broadway plays. He and his sisters rejoined their father and new stepmother when Allen was 10, although he subsequently grew up in the care of his grandmother and his aunt Helen. Klein was diagnosed with diabetes at age 40. [74] In 2003 Klein negotiated with Steve Jobs to make ABKCO's Rolling Stones songs available on iTunes. Allen's cause of death was alzheimer's disease. He then produced and financed Jodorowsky's next film, The Holy Mountain, an allegorical journey with psychedelic overtones. Klein was proud of his tough negotiating stance on behalf of the Rolling Stones, the Beatles and others, but his inflexible managerial style led inevitably to schisms with his clients. In 1970, he was dismissed as manager of the Stones, but disputes over the ownership of recordings and songs continued. He eventually fell out with each of them, however, with Lennon writing in 1974 the vituperative song Steel and Glass about him. The cause of his death was respiratory failure. The company wrote to the State of New Jersey urging officials not to approve him as a Certified Public Accountant, and Klein chose not to take the examination. [127], Starting in 1967 Klein produced four films in the Spaghetti Western genre, a lean-and-mean style of cowboy movie with taciturn heroes and explosive violence. [18] He briefly attended law school but soon dropped out. NEMS held a 25% stake in the Beatles' earnings, which Klein as well as the Beatles themselves desperately wanted to buy out. [129][130] Blindman (1970) featured Ringo Starr as a Mexican bandit, Anthony as its lead, and Klein as an extra. He founded ABKCO Music & Records Incorporated. Age 50, of Java Village, died January 2, 2020. Patty Wooten, R.N. The Beatles’ former business manager, Allen Klein, has died in New York City at the age of 77. 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. Klein persuaded him to pay Knox and Bowen the royalties they were owed over a four-year period. His hopes were blunted when Edgar Bronfman, Sr., heir to the Seagram fortune, instead took control of the firm. The judge initially assessed damages of $2,133,316, which Harrison would have to pay to Klein, then reduced the figure to $1,599,987, but finally ruled in 1981 that Klein still had a fiduciary responsibility to Harrison and should not be allowed to profit from his acquisition of Bright Tunes. The judge encouraged the two sides to reach a settlement.[72]. [76], In 1964 Klein approached the Beatles' manager, Brian Epstein, with an offer for the Beatles to sign with RCA for $2 million but Epstein wasn't interested, saying that he was loyal to EMI. [136] With George Harrison, Klein co-produced the 1972 concert film The Concert for Bangladesh. To shelter his clients' money from Britain's high taxation rate on income earned abroad, Klein held the money for them at the Chemical Bank in New York City and paid it to them over periods of time of up to 20 years. [13], Klein enlisted in the US Army in 1951 where he served as a clerk typist on Governors Island, New York. Live 1965: Music From Charlie Is My Darling, Through the Past, Darkly (Big Hits Vol. The Stones agreed to a five-year payment plan suggested by Klein's son, Jody. * Peter Grant Took control of Led Zeppelin after The Yardbirds split. ", "The Stranger Trilogy (Warner Archive Collection: A Stranger in Town, The Stranger Returns, The Silent Stranger)", "Not So, Says AKKCO in Reply to MGM Pact Breach Charge", "Reconsidering Music-Business Boogeyman Allen Klein", https://www.telegraph.co.uk/music/artists/urban-hymns-richard-ashcroft-verve-made-landmark-album/, Muddy Waters & The Rolling Stones Live At The Checkerboard Lounge, Chicago 1981, 25×5: the Continuing Adventures of the Rolling Stones, Olé Olé Olé! He died in Las Vegas in 1997 aged 87. Funeral Home Services for Michael are being provided by Sparkman/Hillcrest Funeral Home & Memorial Park. The American Stock Exchange declined to reinstate the stock; instead, ABKCO continued to trade over the counter, and the stock price dropped to more realistic levels. [38] While the deal benefited Cooke, it also greatly benefited Klein, who ended up owning the rights to all of Cooke's recordings made since the contract re-negotiation when Cooke was killed in 1964 and his widow sold Cooke's remaining rights to Klein. [105] By mid 1972, Harrison was appalled at the outcome of Klein's handling of the Bangladesh relief effort. In 1971 the Stones sued Klein over U.S. publishing rights. [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. 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. [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. • Allen Klein, music industry manager, born 18 December 1931; died 4 July 2009, US business manager who made sure the Rolling Stones and the Beatles got paid. [71] In 1984 Jagger and Richards sued to break their publishing agreement with ABKCO because of non-payment of royalties. "[141], Klein was diagnosed with diabetes at age 40. Yet we are asked to believe that three of the four Beatles found this "beady-eyed" "grossly overweight" "scorpion" such an attractive figure that they were prepared to trust him with their futures. By the time Klein subsequently re-negotiated the deal one year later, Easton having been removed as co-manager, the Stones were guaranteed $2.6 million—more than the Beatles were making. [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. [70] In 1975 more lawsuits and negotiations resulted in a $1 million payment to the Stones for non-payment by Klein of songwriting royalties, and the release of four Rolling Stones albums including Rock and Roll Circus and Rolled Gold: The Very Best of the Rolling Stones. 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. He was a tough and troubled schoolboy, being expelled from high school on several occasions. In 1979 he was convicted on a tax evasion charge and served two months in prison. He also sued McCartney separately, for $34 million, but the suit was thrown out of court. 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. Klein was fined $5,000 and sentenced to two months in jail, which he served in July–September 1980. [83][84], Once in charge of Apple, Klein fired a large number of the organization's employees, including Apple Records president Ron Kass, and replaced them with his own people. Phil Spector, the producer famous for his "wall of sound" recordings with artists such as the Ronettes and the Righteous Brothers, was eager to sign on as producer for the album, which was eventually titled Let It Be. This is a moving, provocative book about life, death, and most importantly, perspective.” ―Joseph J. Luciani, author of Self-Coaching: The Powerful Program to Beat Anxiety & Depression “If life sometimes feels like a bucket full of small dark stones, Allen Klein's … [67], The split between Klein and the Stones led to years of litigation. There are two types of death records: official death certificates and death indexes. [29], Klein acquired a reputation as a tough negotiator who could bring money to his clients. [99], The judge ruled in McCartney's favor in March 1971. After his mother died two years later, Allen and two of his three sisters were taken from the care of their grandmother and placed by their butcher father in Newark's Hebrew Orphanage and Sheltering Home. [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. 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. [44] Klein did deliver, through strategic re-negotiations of existing contracts and new producing opportunities for RCA, including offers for Most to produce for both Sam Cooke and Elvis Presley. It was one of the first publicly traded record companies, making it ideal for a financial maneuver Klein had in mind, known as a reverse acquisition. The documentary also proposed that Klein was behind the death of Cooke and had him murdered in order to become the sole beneficiary of Sam Cooke's music. Klein testified that he had not instructed Bennett to sell promotional copies of albums and that although he'd received cash payments from Bennett the payments were a return of cash advances which Bennett had been given. He was 77. In 1999, Mick Jagger and Keith Richards were nominated for a Grammy for Best Rock Song, even though "Bitter Sweet Symphony" actually bears little resemblance to the Rolling Stones's "The Last Time. He also points out how deep listening is important in being with those who are in bereavement. A courtroom win would secure the first goal, but not the second, so Klein advised a settlement strategy. In 1970, Harrison had included the line "Beware of ABKCO" in an early demo version of the song ", sfn error: no target: CITEREFThe_Beatles2000 (, Learn how and when to remove these template messages, Learn how and when to remove this template message, More Hot Rocks (Big Hits and Fazed Cookies), Rolled Gold: The Very Best of the Rolling Stones, You Never Give Me Your Money: The Battle for the Soul of the Beatles, "Allen Klein: US business manager who made sure the Rolling Stones and the Beatles got paid", "Allen Klein: Notorious business manager for the Beatles and the Rolling Stones", "Allen Klein, 77, Dies; Managed Music Legends", "Stones Settle With Allen Klein: Four More Albums", "Did Allen Klein Take Bangla Desh Money? By 1969, the Stones, but disputes over the years on Bright Tunes ' copyright, and secured... Was meant to take Allen Klein, who previously had been receiving less lucrative record company Tracey..., Klein decided it was agreed that this was the wrong time to make! 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