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Topic: Ex-Stones manager sued over 1960s record rights Return to archive
11-01-01 04:44 AM
ray Wednesday October 31 2:09 PM ET

Ex-Stones manager sued over 1960s record rights

LONDON (Reuters) - British record companies sued a former manager of the Rolling Stones in
London's High Court Wednesday over his claim to copyright of master recordings worth millions of
pounds.

Andrew Loog Oldham, 57, argues that a U.S.-based company he is now involved with, Immediate
Records Inc, owns the rights to the recordings. They were issued between 1965 and 1970 on the
Immediate Records label, which he helped found.

But record companies Charly Acquisitions Ltd, Charly Trademarks Ltd and Castle Copyrights Ltd -- now
known as Sanctuary -- say they own the rights, and have been involved in releasing compilations of the
recordings.

The catalog includes recordings by household names such as Rod Stewart, Fleetwood Mac, Eric Clapton,
Jeff Beck, Peter Frampton, Chris Farlowe, Humble Pie, P.P. Arnold, Amen Corner, Nico, and the
McCoys, who gave Immediate its first hit with the Top Ten song ``Hang on Sloopy.''

Records produced by Mick Jagger are also involved.

Loog Oldham, who became a millionaire after discovering the Stones and propelling them to stardom, was
a director and shareholder in Immediate Records before it went into liquidation in 1970.

In February last year he and the new company, Immediate Records Inc, announced that they would
release compilations of the recordings everywhere except Britain.

Loog Oldham, who now lives in Bogota, Colombia, says the sound recordings were paid for by him or
another company, Andrew Loog Oldham Ltd.

The case continues.

Reuters/Variety REUTERS

On June 16, 2001 the hit counter of the WET page was inserted here, it had 174,489 hits. Now the hit counter is for both the page and the board.
The hit counter of the ITW board had 1,127,645 hits when it was closed and the Coolboard didn't have hit counter but was on line only two months and a half.