socialmedian: Allen Klein, Former Beatles And Rolling Stones Manager, Dead

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Allen Klein, Former Beatles And Rolling Stones Manager, Dead

Source: The Huffington Post | Full News Feed

Jul 05, 2009

Summary

NEW YORK — Music manager Allen Klein, a no-holds-barred businessman who bulldozed his way into and out of deals with the Beatles and the Rolling Stones, died Saturday, a publicist for his company said. He was 77.

Klein, who was one of the most powerful figures in the music business in the 1960s but ended up feuding with some of his biggest clients, died at his New York City home of Alzheimer's disease, said Bob Merlis, publicist for ABKCO Music & Records.

An accountant known for his brashness, temper and tenacity in tracking down royalties and getting better record deals, Klein garnered clients including Sam Cooke, Bobby Darin and Herman's Hermits.

But he became most famous _ and later infamous _ for signing on the Rolling Stones and then the Beatles. Both arrangements eventually spurred lawsuits, with some Beatles fans blaming Klein for contributing to the tensions that broke up the group.

Klein was convicted of tax fraud in 1979 and served two months in prison for failing to report income from sales of promotional records by the Beatles and other groups

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