Sam Cooke
Klein became the business manager of Sam Cooke, and in 1963 Klein started to take control of all aspects of Cooke's career and demanded an independent record company. The role of business manager, someone who would take the artist's side in negotiations with the recording industry, was unprecedented. Klein secured an unprecedented agreement, with Cooke starting a new label (Tracey Records, to be distributed by RCA Records) that would own the rights to all of his future recordings, site fees, gate revenues for concerts, 10 percent of all records sold, and back royalties.
Read more about this topic: Allen Klein
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