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

Now a very great man once said, some people rob you with a fountain pen.  Didn't take to long to find what, just what he was talking about - Bob Dylan 'Talkin' NYC' This is a story about the business of music.  Specifically, music business accounting. Though I a terrified of math, this topic fascinates me.  I LOVE this shit.  Some, like myself, would call Allen Klein the most hated man in all of music. Allen Klein went about getting musicians their fair cut of money from the record companies.  To be fair, he absolutely did that. However, at the end of the day, he was robin hooding to himself. Let’s say you got 1 percent of each record sold (a standard deal at the time, in the 60’s).  Most artists never even saw that 1%.

The record companies worked exactly like the ‘company store’ in the great Tennessee Ford song ‘you load 16 tons, and what do you get? Another day older and deeper in debt.  St Peter don’t you call me, cause I can’t go. I owe my soul to the company store…

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