Thursday, May 29, 2014

Rupert Loewenstein: Sympathy for the Devil


THE music of the Rolling Stones did nothing for Prince Rupert zu Loewenstein. Perhaps “Paint it Black” was not too bad. Otherwise, he doubted that their cacophanies counted as music at all. If you made your way backstage at a Stones concert, passing through dozens of grades of status and access, past aides in black T-shirts and girls in not much, you would find him at the very nerve-centre, a portly, kindly figure in immaculate suit and tie, with his hands clapped over his ears.He was there, on every tour for 39 years, because his financial nous had turned the Stones into the most lucrative rock band in the world. Mick had his hip-swivelling energy, and Keith his wild guitar; Prince Rupert, behind the scenes, contributed wisdom and suavity to the cafetière, along with high-class fun. Before he arrived, in 1969, they were stuck in a recording contract with Decca and tied to a financial adviser, Allen Klein, who creamed off half of what they earned. Over years of litigation Prince Rupert liberated them, restoring their rights to regular revenue from their songs. He also built up a global touring machine that pulled in millions from...



from The Economist: Obituary http://ift.tt/1rktkkY

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