Interesting to hear Mick's financial advice (secondhand) toward the end of this podcast -- the Stones have the best advisors:

[www.ft.com]

[www.theguardian.com]

Interesting little info in that GUARDIAN article:

"Loewenstein parted company with the Stones in 2008, after they rejected his proposal that they sell the band's assets for a colossal sum and wind down their touring and playing career."

I recall our great Rocky Dijon mentioning some time ago that the Stones were thinking about selling their catalogue around that time to UMG. This must've been the proposal refered here by their business advisor at the time. The recent deal with UMG was done that year (renewed in 2018), and although it didn't any longer contain new studio albums, and was very cataloque-heavy, it seemingly had the option of 'we are not done yet'.

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.

Interesting years those between the end of 'Bang' and starting of '50 and counting' tours.

- Doxa



Edited 2 time(s). Last edit at 2022-04-15 13:07 by Doxa.

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Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

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TheflyingDutchman

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Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

Well Allen Klein certainly did.

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vertigojoe

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TheflyingDutchman

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Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

Well Allen Klein certainly did.

True. Trial and error.

I heard that the Stones (Mick?) were pissed because Cohl and Rupert had made up a plan to have the Stones tour for around 1 billion dollars. Slave-Stones for massive numbers of concerts (like Michael Jackson in O2) and then ripping off the fans …
True or not … interesting

I'm a GHOST living in a ghost town

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georgie48
I heard that the Stones (Mick?) were pissed because Cohl and Rupert had made up a plan to have the Stones tour for around 1 billion dollars. Slave-Stones for massive numbers of concerts (like Michael Jackson in O2) and then ripping off the fans …
True or not … interesting

Interesting indeed. Rupert seemingly was initially the (Stones) brains behind those massive Cohl tours that made the band very wealthy men. So it could be very well that both Cohl and Rupert were kicked out at the same token (married too much for each other) They were not any more useful for the band's interest. Cohl also was a bit like Bill Graham back in the day - started to think that the Stones somehow naturally 'belonged to him' and like if they would tour again, his involvement is taken for granted. Both learned a hard lesson.

- Doxa

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TheflyingDutchman

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vertigojoe

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TheflyingDutchman

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Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

Well Allen Klein certainly did.

True. Trial and error.

Surely. But I think what Mick actually learned was that he needs some true professionals to take care of his/their business and to deal with people like Klein. Someone who actually works for him/them. That's why, for example, Prince Rupert got the job. Mick's smartness is to acknowledge the nature and demands of the business and to pick up right people to work for him. And also get to rid of them when needed. That's true leadership and business smartness.

- Doxa



Edited 4 time(s). Last edit at 2022-04-15 15:19 by Doxa.

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Doxa

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TheflyingDutchman

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vertigojoe

Quote
TheflyingDutchman

Quote
Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

Well Allen Klein certainly did.

True. Trial and error.

Surely. But I think what Mick actually learned was that he needs some true professionals to take care of his/their business and to deal with people like Klein. Someone who actually works for him/them. That's why, for example, Prince Rupert got the job. Mick's smartness is to acknowledge the nature and demands of the business and to pick up right people. And also get to rid of them when needed. That's true leadership and business smartness.

- Doxa

True again, and maybe a bit off-topic or open door: "If it wasn't for Mick Jagger the Stones would have stopped existing decades ago". -Mick Taylor.

I'm pretty sure Rupert mentionned that "catalog sale" in his bio.

I wonder if Mick and Cohl still talk ? There was quite a bit of "tension" before the 50th [www.rollingstone.com]

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IORR Links : Essential Studio Outtakes CDs : Audio - History of Rarest Outtakes : Audio

So reading the title of this thread is one to assume / presume that Pierre or his peers give investment tips ?

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vertigojoe

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TheflyingDutchman

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Doxa

It would be interesting to know how seriously the Stones were actually thinking about calling it quits then, or how seriously they were thinking that they might do something again in some day. Around that time Keith started doing his memoir, and was, at least according to Jordan, thinking about retirement.


- Doxa

Nobody outsmarts Mick Jagger when it comes to financial matters.

Well Allen Klein certainly did.

I wonder if that's part of the reason the band rejected Prince Rupert's plan. The idea of once again losing the rights to their creative work might have been too much, regardless of the payout.

According to Prince Rupert's book Charlie and Bill agreed with the plan to sell, Keith was a definite no! and Mick was undecided.