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Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: NICOS ()
Date: February 10, 2013 17:51

Quote
hot stuff
Nice read. Thanks.
I do agree with Mick on this one.
When we hire a banker, financial Planner we
Don't expect that they will write a book and
talk about the private business of their clients.

He we very well paid along with his family for his
Work with the band. Like a doctor, lawyer he should
Have respected the trust the Stones gave him.

This man of "CLASS" should have asked his
Clients before he wrote this book.

thumbs up agree


Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: His Majesty ()
Date: February 10, 2013 17:58

Quote
windmelody
It is very strange that Loewenstein publishes stories about the Stones. It is bad behaviour indeed. Maybe age turned him silly.

I hope Anita catches this lets publish a book sillyness.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: tomcasagranda ()
Date: February 10, 2013 18:57

Quote
His Majesty
Quote
windmelody
It is very strange that Loewenstein publishes stories about the Stones. It is bad behaviour indeed. Maybe age turned him silly.

I hope Anita catches this lets publish a book sillyness.


I think Anita has more class, more dignity than Prince Rupert.

When it comes to matters fiscal, a confidentiality clause should be in place. Nobody should know just how much l s d the Stones have in their pockets. By the way I mean pounds, shillings, and pence. In Britain, nobody likes their finances being declared in public.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: 24FPS ()
Date: February 10, 2013 19:05

I think Anita should publish a book for the sheer historical perspective of it. Who knew Brian more intimately? The danger of course is that it would be colored in her favor, but she is very intelligent, and understands self destruction.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: sweetcharmedlife ()
Date: February 10, 2013 19:28

Maybe Mick will finally write his book and tell his side. Everyone else related to the Stones has written a book at this point. Mick might as well. Excpet of course for Charlie. Butwe know he'll never do it.

"Is that you"

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Title5Take1 ()
Date: February 10, 2013 19:33

Quote
superrevvy
"Jann Wenner wanted to start up a magazine to be called
Rolling Stone, and had invited Mick and, in so far as the
other Rolling Stones counted, the other band members to buy
49 percent of the shares. Mick could not raise the money
required, which was 5000 pounds. He asked me if Leopold
Joseph would lend the money to him. But my partners were
not prepared to give an overdraft to Mick because there
was no security to back it up with, and the magazine was
an unquoted start-up. That highlighted for me how dire
the situation was. I did finally get my partners to agree
that we would have given Mick an overdraft, but their
agreement did not come in time. The opportunity was missed,
and the Rolling Stones did not end up with half of Rolling
Stone, which was a great shame."

Jann Wenner once was a guest on DAVID LETTERMAN and he said he and Mick Jagger tried to start up a Rolling Stone Magazine in Europe, after the American version was established. But the venture wasn't successful. That's what this must be about. The first issue of the American Rolling Stone was published in 1967, and Prince Rupert didn't even meet Mick until 1968. So big deal if they didn't own half of a failed venture.



Edited 2 time(s). Last edit at 2013-02-10 19:43 by Title5Take1.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: His Majesty ()
Date: February 10, 2013 19:45

Quote
tomcasagranda
Quote
His Majesty
Quote
windmelody
It is very strange that Loewenstein publishes stories about the Stones. It is bad behaviour indeed. Maybe age turned him silly.

I hope Anita catches this lets publish a book sillyness.


I think Anita has more class, more dignity than Prince Rupert.

When it comes to matters fiscal, a confidentiality clause should be in place. Nobody should know just how much l s d the Stones have in their pockets. By the way I mean pounds, shillings, and pence. In Britain, nobody likes their finances being declared in public.

More class? lol.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Slimharpo ()
Date: February 10, 2013 20:35

Well I don't know what a "finer mind" means. Does it mean Mick makes better musical decisions? Does it means he makes better relationship decisions? Does Mick make better business decsions?


Quote
superrevvy
I'm sure many of the social anecdotes are true and amusing

The insider stuff is fiction, and approved by Mick. The description of Mick as
"furious" is just to help sales.

If you believe either that Keith has a finer mind than Mick, or that Rupert
believes that Keith has a finer mind than Mick, then you truly will believe
anything.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: GasLightStreet ()
Date: February 10, 2013 22:33

Quote
Title5Take1
Quote
superrevvy
"Jann Wenner wanted to start up a magazine to be called
Rolling Stone, and had invited Mick and, in so far as the
other Rolling Stones counted, the other band members to buy
49 percent of the shares. Mick could not raise the money
required, which was 5000 pounds. He asked me if Leopold
Joseph would lend the money to him. But my partners were
not prepared to give an overdraft to Mick because there
was no security to back it up with, and the magazine was
an unquoted start-up. That highlighted for me how dire
the situation was. I did finally get my partners to agree
that we would have given Mick an overdraft, but their
agreement did not come in time. The opportunity was missed,
and the Rolling Stones did not end up with half of Rolling
Stone, which was a great shame."

Jann Wenner once was a guest on DAVID LETTERMAN and he said he and Mick Jagger tried to start up a Rolling Stone Magazine in Europe, after the American version was established. But the venture wasn't successful. That's what this must be about. The first issue of the American Rolling Stone was published in 1967, and Prince Rupert didn't even meet Mick until 1968. So big deal if they didn't own half of a failed venture.

So Rupert is out of touch or it's total bullshit. I'll go with both.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: His Majesty ()
Date: February 10, 2013 23:18

The story about Mick being involved in trying to set up a UK Rolling Stone etc is true, here's a photo of Jan and Mick at Rolling Stones HQ circa spring 1969.


Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Rockman ()
Date: February 10, 2013 23:21

OH JANN!!!!!!!!!!....you look so cool

ROCKMAN



Edited 1 time(s). Last edit at 2013-02-10 23:43 by Rockman.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Date: February 10, 2013 23:28

Quote
superrevvy
I'm sure many of the social anecdotes are true and amusing

The insider stuff is fiction, and approved by Mick. The description of Mick as
"furious" is just to help sales.

If you believe either that Keith has a finer mind than Mick, or that Rupert
believes that Keith has a finer mind than Mick, then you truly will believe
anything.

I agree with you. Mick is helping his friend to increase the sales and he is overreacting on purpose. I hope some the insider stuff is not fiction though.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Braincapers ()
Date: February 10, 2013 23:32

whether Mick is upset or not I do find it odd, and unprofessional, that their accountant has written a book about their finances.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: jamesfdouglas ()
Date: February 10, 2013 23:51

Quote
Braincapers
whether Mick is upset or not I do find it odd, and unprofessional, that their accountant has written a book about their finances.

Yes, absolutely. While it DOES provide us fans with a competely different angle of the band's story/history - enough perhaps for some of us to consider buying the book (it kept my attention reading the excerpts) I would guess, I do have to agree. It is strange and a very unprofessional on PR's part.

Either way...
Bring on the movie version!!!
thumbs up smiley

[thepowergoats.com]

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: DeanGoodman ()
Date: February 11, 2013 00:09

Quote
superrevvy
"Jann Wenner wanted to start up a magazine to be called
Rolling Stone, and had invited Mick and, in so far as the
other Rolling Stones counted, the other band members to buy
49 percent of the shares. Mick could not raise the money
required, which was 5000 pounds. He asked me if Leopold
Joseph would lend the money to him. But my partners were
not prepared to give an overdraft to Mick because there
was no security to back it up with, and the magazine was
an unquoted start-up. That highlighted for me how dire
the situation was. I did finally get my partners to agree
that we would have given Mick an overdraft, but their
agreement did not come in time. The opportunity was missed,
and the Rolling Stones did not end up with half of Rolling
Stone, which was a great shame."

This is unusual. I read Robert Draper's Rolling Stone Magazine book, and it details how Mick offered to put up the money for a UK version of Rolling Stone in 1969. He and Jann incorporated Trans Oceanic Comic Company Ltd in March of that year, and the first issue hit the stands in June. The venture was a disaster, though, with unprofessional local staffers hired by Jo Bergman. By the end of the year, Jann axed the magazine and Jagger was out some $40,000.

There's no possibility of Mick being an original investor in the mothership. The money-raising took place in 1967 and was limited to Jann's family and friends in the Bay Area. Maybe Rupert is referring to some sort of recapitalization, financial restructuring or additional round of funding. Or is just old and confused. At any rate, Jann did not look after his minority investors very well, and profitability took years and years. Mick was probably lucky.

(Caveat: This is all based on the Draper book.)

------------------



[www.StrangeDaysBook.com]

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: blivet ()
Date: February 11, 2013 00:10

Quote
jamesfdouglas
Quote
Braincapers
whether Mick is upset or not I do find it odd, and unprofessional, that their accountant has written a book about their finances.

Yes, absolutely. While it DOES provide us fans with a competely different angle of the band's story/history - enough perhaps for some of us to consider buying the book (it kept my attention reading the excerpts) I would guess, I do have to agree. It is strange and a very unprofessional on PR's part.

Agree on both points. It's just bizarre for a financial professional to do this.

OTOH I'll probably pick up a copy of the book one day. He has an interesting perspective as an insider without an emotional attachment to the group's music, and he has an expert's knowledge of one area of the band's operations that no one has written about much at all.

There was a rather fascinating interview with Jagger about how the business of the Rolling Stones is structured some years back in Fortune, but that's about it as far as I know.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: jamesfdouglas ()
Date: February 11, 2013 00:44

Quote
blivet

There was a rather fascinating interview with Jagger about how the business of the Rolling Stones is structured some years back in Fortune, but that's about it as far as I know.

Found it.
[money.cnn.com]

[thepowergoats.com]

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: blivet ()
Date: February 11, 2013 01:04

Quote
jamesfdouglas
Quote
blivet

There was a rather fascinating interview with Jagger about how the business of the Rolling Stones is structured some years back in Fortune, but that's about it as far as I know.

Found it.
[money.cnn.com]

IIRC there was also an accompanying interview with Jagger along the lines I indicated. Questions about the nuts and bolts of the business, like "Is it a partnership?"

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: sanQ ()
Date: February 11, 2013 06:16

Sometimes I just wonder if these books aren't just a way to keep the Stones brand out there with a scandalous book every few years. It makes sense to me. I also read that Keith's tree incident was actually a heart attack. I don't know if that's true.
But sometimes I think these incidents are made up to keep them in the news. There is always another scandal, drug bust, etc. They get paid to be bad. This is part of the brand and the image.

Or is it? I have no idea.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Bliss ()
Date: February 11, 2013 09:20

It seems everyone's getting into the act, weighing in with their point of view:

'I Was Keith Richards' Drug Dealer' - Tony Sanchez

'I Was Mick Jagger's Girlfriend' - Marianne Faithfull

'I Was the Rolling Stones' Office Manager' - Jo Bergman

'I Was the RS Fanzine Publisher' - Bill German

'I Was the RS' Flatmate' - our own James Phelge

'I Was Mick Jagger's PA' - Chris O'Dell

and now, bizarrely, 'I Was the RS' Bank Manager' - Prince Rupert Loewenstein

Did I leave anyone out? These primary sources are fantastic from a reader's perspective, but not so enjoyable from the subject's. Oh well. Can't please everyone.

(Note to self - get accountant, husband and cleaning lady to sign confidentiality clauses.)

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Rockman ()
Date: February 11, 2013 09:32

....I was Don Was

ROCKMAN

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: proudmary ()
Date: February 11, 2013 09:58

I'm glad Prince Rupert says that Richards is so good in business - maybe that will stop Stones fans from putting all the blame for being so greedy solely on Mick.
And I think this article just shows Mail's usual bias against Jagger - the book is much more about Mick(and there is more than enough prise for him) but they want to create this Mick/ Keith tension.
Here is the Telegraphe's article on the book - and no one word about Richards.

Mick Jagger attacks former financial adviser over Rolling Stones Book
He is used to taking warts-and-all exposes and stories about him with good grace, but Mick Jagger has reacted angrily to a new book where the warts involved are the Rolling Stones’ financial arrangements.
By Nick Britten 10 Feb 2013

Written by the band’s financial adviser Prince Rupert Loewenstein, who is widely credited from turning them from penniless rockers to multimillionaires during a 40-year association, it lays bare how he made them become tax exiles, reshaped the way tours were run, and ended the practice of the brown paper bag stuffed with cash.
It might be that he prefers to read stories that are more in keeping with his wild man image, or that Jagger didn’t expect such revelations from his old friend. But he has certainly been upset by the publication of Prince Rupert’s memoirs A Prince Among Stones.
“Call me old fashioned, but I don’t think your ex-bank manager should be discussing your financial dealings and personal information in public,” he told the Mail on Sunday, which is serialising the book.
“It just goes to show that well brought-up people don’t always display good manners.”
Once dubbed the human calculator, Prince Rupert describes himself as a combination of “bank manager, psychiatrist and nanny” to the Rolling Stones.
He became the band’s adviser in 1968 when he was running a merchant bank, and admits to becoming fascinated by Jagger, despite hating the Stones’ music.
The frontman had complained of being penniless, he realised that if they were to avoid paying between 83 and 98 per cent in tax and surtax, they would need to become tax exiles and move their base away from England.
It was around the time they were recording their best selling album Exile on Main Street, one of the only album titles, the Prince said, to contain a reference to tax planning in the title.
With “unaccounted-for cash delivered in a paper bag to the band and their management the norm”, Prince Rupert began insisting they declare it, and slowly began rewriting how tours operated.
Even he, though, had to admit defeat in the “all pervasive” practice of ticket scalping, which allowed promoters to make huge profits by reselling concert tickets at inflated prices.
He said: “Everyone I spoke to said: ‘There’s nothing you can do about that.
Do you want the Stones’ children to be kidnapped? You should be aware you are dealing with difficult and dangerous people.”
Prince Rupert puts his success with the Stones down to hating their music and refusing to be tempted by the rock and roll lifestyle.
He said: “All the time I worked with the Stones, I never changed my habits, my clothes or my attitudes.
“I always aimed to maintain a strict discipline backstage and tried to see that the band and the entourage did not get drunk or disorderly.
“Precisely because I was not a fan, I was able to view the band and what they produced calmly, dispassionately, maybe even clinically – though never without affection.”
The Prince and Jagger became great friends and it is believed that without his guiding influence the Stones would not have lasted nearly as long as they have.
The man nicknamed Rupie The Groupie by associates said the job with the Stones – who had never heard of before – came at the right time as he was bored at work, and he could not resist taking on the challenge of a skint rock band. He and Jagger quickly clicked, but coming from different ends of the social spectrum was not without its problems.
Prince Rupert recounts how he and his wife, Josephine, had been invited for Christmas at Warwick Castle by friends, Lord and Lady Brooke. Having got Jagger and Marianne Faithfull an invitation, the visit was a disaster, with Miss Faithfull staying in bed 90 per cent of the time and Lade Brooke eventually leaving early and tipping water into her bed.
He also described a concert in Hyde Park soon after the band’s guitarist, Brian Jones, had been found dead in 1969. He said: “Mick read extracts from Shelley’s Adonais. The effect was almost like the Nuremberg Rallies.”
[www.telegraph.co.uk]

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Date: February 11, 2013 11:51

Quote
superrevvy
Quote
Bliss
Quote
superrevvy
If you believe either that Keith has a finer mind than Mick, or that Rupert
believes that Keith has a finer mind than Mick, then you truly will believe
anything.

Being described in an insider's book as having an inferior mind to Keith's cannot have made Mick's day.

I personally guarantee that Mick approved that line. He probably even suggested it.
Its funny, its a joke, although I'm sure Keith like y'all will take it at face value.

So, what is the deeper meaning of the statement?

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Redhotcarpet ()
Date: February 11, 2013 13:09

More than a decade earlier, my aunt Helga, then in her late 80s, had rung me saying: ‘I hear The Rolling Stones will be playing in Cologne next week. Since they have made money for the family I feel that I should hear them before I die.’
I got her the tickets and after the concert she was interviewed on German television and asked whether they had been too loud for her, to which she answered: ‘No, I am deaf.’
When she was asked what she thought of them, she said: ‘Psychologically most interesting.’



thumbs up smiley

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Redhotcarpet ()
Date: February 11, 2013 13:10

I have to get the book

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Redhotcarpet ()
Date: February 11, 2013 13:12

Quote
Bliss
Quote
superrevvy
I'm sure many of the social anecdotes are true and amusing

The insider stuff is fiction, and approved by Mick. The description of Mick as
"furious" is just to help sales.

If you believe either that Keith has a finer mind than Mick, or that Rupert
believes that Keith has a finer mind than Mick, then you truly will believe
anything.

Interesting that Mick did what they all slated Brian for doing, wanting a bigger cut for his management services. But he undoubtedly devoted a huge amount of time to it, while Keith just reaped the benefits.

Being described in an insider's book as having an inferior mind to Keith's cannot have made Mick's day.

And Brian then 20 tried that in the start when it actually was "his "band. Shitty but still.

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Rip This ()
Date: February 11, 2013 13:47

Quote
Bliss
It seems everyone's getting into the act, weighing in with their point of view:

'I Was Keith Richards' Drug Dealer' - Tony Sanchez

'I Was Mick Jagger's Girlfriend' - Marianne Faithfull

'I Was the Rolling Stones' Office Manager' - Jo Bergman

'I Was the RS Fanzine Publisher' - Bill German

'I Was the RS' Flatmate' - our own James Phelge

'I Was Mick Jagger's PA' - Chris O'Dell

and now, bizarrely, 'I Was the RS' Bank Manager' - Prince Rupert Loewenstein

Did I leave anyone out? These primary sources are fantastic from a reader's perspective, but not so enjoyable from the subject's. Oh well. Can't please everyone.

(Note to self - get accountant, husband and cleaning lady to sign confidentiality clauses.)

....you forgot one.....
Jagger is my bitch and he has a small d*** - Keith Richards

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: Bliss ()
Date: February 11, 2013 13:50

Quote
Rip This
Quote
Bliss
It seems everyone's getting into the act, weighing in with their point of view:

'I Was Keith Richards' Drug Dealer' - Tony Sanchez

'I Was Mick Jagger's Girlfriend' - Marianne Faithfull

'I Was the Rolling Stones' Office Manager' - Jo Bergman

'I Was the RS Fanzine Publisher' - Bill German

'I Was the RS' Flatmate' - our own James Phelge

'I Was Mick Jagger's PA' - Chris O'Dell

and now, bizarrely, 'I Was the RS' Bank Manager' - Prince Rupert Loewenstein

Did I leave anyone out? These primary sources are fantastic from a reader's perspective, but not so enjoyable from the subject's. Oh well. Can't please everyone.

(Note to self - get accountant, husband and cleaning lady to sign confidentiality clauses.)

....you forgot one.....
Jagger is my bitch and he has a small d*** - Keith Richards

Silly me.

'I Was Mick Jagger's Creative, Performing and Business Partner, but it's All Over Now' - Keith Richards

Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: uhbuhgullayew ()
Date: February 11, 2013 13:58

Quote
jamesfdouglas
Quote
blivet

There was a rather fascinating interview with Jagger about how the business of the Rolling Stones is structured some years back in Fortune, but that's about it as far as I know.

Found it.
[money.cnn.com]


Re: Prince Rupert's new book reveals truth about RS millions - Mick 'furious'
Posted by: gotdablouse ()
Date: February 11, 2013 14:04

From that very interesting 2002 Fortune article :

Quote

So, too, does Prince Rupert Zu Loewenstein, a London-based banker who carries an old Bavarian title and who's been the band's chief business advisor for some 30 years--"and I hope for another 30 too," he says.

He was jesting of course but it didn't seem in 2002 that he would be gone 5 years later?

So is there an eBook version?

Yes -> [books.google.fr]

Oops, no, here it is : [www.bloomsbury.com]

"Published: 14-02-2013" so how did superrevvy (sp ?) already read 30 pages of it?





Edited 3 time(s). Last edit at 2013-02-11 14:11 by gotdablouse.

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