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kenshane · 6 years ago
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Soul Serenade: Stax “Soul Explosion”
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It’s a well-known story at this point. In 1968, Stax Records co-founder Jim Stewart decided to put an end to the distribution deal that his company had with Atlantic Records. Warner Bros.- Seven Arts had acquired Atlantic the previous year and Stewart had insisted on a “key man” clause in his deal with Atlantic which was triggered when his key man, Jerry Wexler, left Atlantic. The contract called for a renegotiation or outright termination of the distribution deal if Wexler left. Stewart hoped for renegotiation but he considered the offers he got from Warner-Seven Arts to be insulting and he decided to terminate the contract ... (more)
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