Geffen unsuccessfully sued Neil Young for
making "uncommercial" records - successful
artists making unsuccessful records with big
advances
Young's description of Geffen as "a performance
artist, and the art of the deal is his stage."
When Nyro's debut LP failed to
meet expectations, Geffen
responded by
forming a 50/50
publishing-rights partnership
with Nyro and signed numerous
acts to record her songs, several
of which became lucrative hits,
including Three Dog Night's
cover of "Eli's Coming" and a
version of "And
When I Die" by Blood, Sweat &
Tear
Ability for repetition is key to
launching a hit single via top 40's,
airtime, tv time ect- vital in the past?
Sold Asylum records to warner in 1975 for 7 million dollar.
The label merged with a major record company. Many
artists felt sold out. Going against original concept of Asylum?
Next step: After spending later of 70's at warner Geffen
launched Geffen records, which was funded by warner
No profit first 5 years- huge artists, huge advances-
production of no hit records
John Lennon, Wang Chung, Donna Summers,- found great success
David Geffen-continously been at the epicentre of popular culture as an
agent, manager, record industry titan, hollywood and broadway producer
and philanthropist
transformed the music business
Started his career as a manager for artists.
Advocate for the artist!
believed artists should have the rights to
publishing and masters of their music
Geffen and Roberts company offered no
contracts for their artists
nurturing talent, investing in the artist
and development of new artists!!!
Launched and nurtured the eagles over a 2 year
period. "Find their sound and their rhythm as a band"
Great political, economic and social influence
"I'd rather kill myself than get into the music
business today"- David Geffen's words at a press
release
Dreamworks. Raised 2 billion dollars in one
week to start the independent studio with
Spielberg and Jeffrey Katzenberg in 1994
Aid's advocate- funded vital research
Nirvana- David Geffen released "Nevermind in 1991 on DGC-
changed popular culture, huge influences- socially and musically