Former Beatles, Stones Manager Allen Klein Dies at 77
A self-professed "shark" who managed the Beatles and the Rolling Stones among others, Allen Klein died Saturday, July 4, in New York City after a long battle with Alzheimer's Disease. Klein was most famous for his vigorous negotiations, unprecedented deals and the bitterness he left behind with some of his clients. As the founder of ABKCO Records, Klein worked with some of music's biggest names, including Herman's Hermits, Bobby Darin, and legendary soul singer Sam Cooke. But the Newark, NJ native became a music industry titan when he signed the Stones in the mid-'60s, securing them a rich record deal. However, the band became furious with him when he purchased the rights to several of the band's songs from a former manager. Mick Jagger testified against Klein at a 1984 trial over royalties and Keith Richards once described the band's five year relationship with Klein as "the price of an education." In the aftermath, Klein walked away with the rights to many of the band's songs that were written before 1971, including '(I Can't Get No) Satisfaction' and 'Jumping Jack Flash.'
Continue reading Former Beatles, Stones Manager Allen Klein Dies at 77
Posted by Steve Baltin on Jul 6th 2009 9:45AM
Filed under: News, R.I.P.





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