Neil Young: Long May You Run by Daniel Durchholz
Author:Daniel Durchholz [Durchholz, Daniel]
Language: eng
Format: epub
Tags: Genre.Biographies and Autobiographies, Music, Arts.Music
ISBN: 9780760336472
Google: VicchWAszssC
Amazon: 0760336474
Barnesnoble: 0760336474
Goodreads: 7664592
Publisher: Voyageur Press
Published: 2010-05-06T00:00:00+00:00
The stalemate ended on April 1, 1985, with both parties dropping their respective suits. Young volunteered to restructure his deal with Geffen, reducing the per-album fee to $500,000. After the legal swords were sheathed and Geffen personally apologized, Young was charitable in his comments, empathizing with the financial pressure of running a label and telling biographer Jimmy McDonough that Geffen took Young’s low sales “personally—that I was making these weird records just to make him look like an idiot.” He noted that Geffen was “still my friend.”
He was not Young’s boss for much longer, however. Young recorded several more studio albums for Geffen, including an even more country-flavored Old Ways in 1985 and a set with Crazy Horse, Life, in 1987, as well as the 1993 compilation Lucky Thirteen. And, if it made Geffen feel any better, Young’s first release back with Reprise was the brassy blues set, This Note’s for You.
In 1990, David Geffen sold Geffen Records to MCA Music Entertainment for an estimated $800 million in stock, which multiplied when Matsushita Electric Industrial Co. Ltd. bought MCA the following year. Geffen stayed with the company until 1995, when he joined forces with Jeffrey Katzenberg and Steven Spielberg in the multimedia DreamWorks SKG.
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