December 1968 - January 1969
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On this day, Allen Klein was officially appointed the business manager of Apple.
Allen Klein was appointed business manager of Apple. His first task was to sort out the mess caused by Dick James selling his Northern Songs shares without first offering them to The Beatles. Klein told the Daily Telegraph that under a three year contract he would receive 20 per cent of all the money collected by Apple but no money from existing recording contracts. He would, however, receive 20 per cent of any increase he negotiated on those contracts. He began firing the staff.
Miles, Barry. The Beatles Diary Volume 1: The Beatles Years (Kindle Locations 8863-8864). Music Sales. Kindle Edition.
Allen Klein is appointed the business manager of Apple. Under a three-year contract, he will receive twenty per cent of all the money collected by Apple, but no money from existing recording contracts. He will, however, receive twenty per cent of any increase he negotiated on those contracts.
Badman, Keith. The Beatles: Off the Record . Music Sales. Kindle Edition.
Last updated on December 20, 2021
The Beatles Diary Volume 1: The Beatles Years
"With greatly expanded text, this is the most revealing and frank personal 30-year chronicle of the group ever written. Insider Barry Miles covers the Beatles story from childhood to the break-up of the group."
We owe a lot to Barry Miles for the creation of those pages, but you really have to buy this book to get all the details - a day to day chronology of what happened to the four Beatles during the Beatles years!