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Peter, Nick was talking off the top of his head in that interview. A fascinating interview, to be sure, but I'm not sure he was trying to be precise as to dates, places, amounts etc.
Check out the quote: "...we got nothing for the first eight albums, and then they (Capitol) finally gave us another one percent or something as a bonus one year. Really nice!" (KTOR, 101).
I'm not sure what he's even talking about, but it doesn't sound like he's referring to Capitol's attempt to retain the Trio in 1964. Maybe there's another mention of 1 percent, but this is the one I remember from KTOR. In his KTOR interview, Werber wasn't asked about the label switch.
P.S. I borrowed "Greenback Dollar" from the library, so I don't have a copy. LOL.
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Joe, I loaned my Greenback Dollar book to a friend of mine who is a big Kingston Trio fan but too cheap to buy the book! :>)
Besides, I only read a few chapters which did not involve the Decca deal. Billboard mag mentioned something about Decca's $1 mil signing bonus to the KT.
But why don't you believe Nick's story about Capitol Records offering the KT a 1% raise? Previous Message
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