Wednesday, June 17, 2015

Allen Klein: The Man Who Bailed Out the Beatles, Made the Stones, and Transformed Rock & Roll by Fred Goodman

Every time I read a Beatles-related book I find most players run hot or cold with critics. You either adore somebody or you loathe them. We can guess how assorted Beatles and personnel fall in the spectrum, and when it comes to Allen Klein you find a figure just as (or perhaps more) polarizing than Yoko Ono. Long story short, Klein was a money man on a mission: to manage the most popular band in the world. One could argue he obsessed over the idea of being their right-hand man, so much that he couldn't appreciate what he had with The Rolling Stones, no slouches themselves.

In the Afterword of Allen Klein: The Man Who Bailed Out The Beatles, Made the Stones, and Transformed Rock & Roll (Buy: AMZ / BN / KOBO / ITUNES) the author mentions the desire of Klein's family to clear the air, so to speak. Going into this book, all I knew of Klein was his work with the Stones and that three out of four Beatles wanted him to replace the late Brian Epstein. We may forever argue over who broke up the band, but if you read enough of the Beatle chapters here you may give Yoko a break and lean toward the theory of self-implosion. Klein's alleged reaction to Epstein's death as mentioned here could leave you cringing.

I'm not here to review Klein's character, though. Allen Klein the book, overall, is informative and detailed, and may find an audience in readers interested in the financial workings of the music industry. Klein's life work is a tangle of royalties and subsidiary rights and similar legalese, and promises to musicians with less business savvy to get the money they deserve. It used to baffle me to read of rock stars claiming to be broke, but as Goldman breaks down how music publishing works, and how managers earn their share, I understand it. Maybe those who dream of fortune should put down the guitars and get accounting degrees.

I found the book is most interesting when the story focuses directly on Klein's interaction with the musicians he manages: Sam Cooke, John Lennon, Mick. At times the narrative splintered into tangents, delving here into Andrew Oldham's story, then over there to talk about somebody else. While it interested me, another reader might think there wasn't enough about Klein to make a book. Once Klein loses Lennon as a client, his story seems to wrap up rather quickly.

Allen Klein is a book for hardcore Beatles and/or Stones fans, readers who likes to crunch numbers and crave a side of classic rock gossip.

Rating: B-