Search results
- Later in the 1970s Geffen left Asylum, which was later acquired by Atlantic's parent company, Warner Communications, and merged with Elektra Records in 1972 to become Elektra/Asylum Records.
en.wikipedia.org › wiki › David_Geffen
Asylum Records is an American record label, founded in 1971 by David Geffen and partner Elliot Roberts. It was taken over by Warner Communications (now the Warner Music Group) in 1972, and later merged with Elektra Records to become Elektra/Asylum Records.
People also ask
Who owns Elektra Records?
What happened to Geffen Records?
Who is David Geffen?
What happened to Elektra Music Group?
Elektra Records (or Elektra Entertainment) is an American record label owned by Warner Music Group, founded in 1950 by Jac Holzman and Paul Rickolt. [1] It played an important role in the development of contemporary folk and rock music between the 1950s and 1970s.
- Early Life
- Business Career
- Controversy
- Philanthropy
- Politics
- Awards and Honors
- Cultural References
- Personal Life
- External Links
David Geffen was born in Borough Park, Brooklyn, New York, to Abraham Geffen and Batya Volovskaya (1909–1988). Geffen's mother owned a clothing store in Borough Park called Chic Corsets by Geffen. Both of his parents were Jewish immigrants who met in British Mandatory Palestine and then moved to the United States. Geffen graduated from Brooklyn's N...
After a brief appearance as an extra in the 1961 film The Explosive Generation, Geffen began his entertainment career in 1964 as a mailroom clerk at the William Morris Agency (WMA), where he quickly became a talent agent. He learned about showbiz politics while reading the memos he delivered between agents. In order to obtain the talent agent job, ...
Coastal access
Until 2017, Geffen owned a Malibu compound on Carbon Beach. In 1983 Geffen received permits from the California Coastal Commission to build a Cape Cod-style compound over multiple beachfront lots in exchange for creating a public pathway to the beach. He failed to build that pathway, and in 2002, filed a lawsuit to block public access altogether. After a protracted three-year legal battle, Geffen reached a settlement with the Coastal Commission, granting the public a nine-foot-wide easement t...
Accusations of insider trading
On March 9, 2022, The Wall Street Journal reported that Geffen, Barry Diller and Diller's stepson, Alex Von Furstenberg, were being investigated by the Securities and Exchange Commission and the United States Department of Justice for insider trading of options on Activision Blizzardjust three days before Microsoft's announced acquisition. Diller denied the allegations and claimed it was "simply a lucky bet".
In 1995, he donated $5 million towards UCLA's Westwood Playhouse. The theater was renamed the Geffen Playhouse. According to Forbes ("The 400 Richest Americans of 2004") and other sources, Geffen has pledged to give whatever money he makes from now on to charity, although he has not specified which charities or the manner of his giving. In 2002, he...
Geffen is a donor to Democratic Party candidates and organizations, and was an early financial supporter of President Bill Clinton. In 2001, he had a quarrel with the former president over Clinton's decision not to pardon Leonard Peltier, on whose behalf he had lobbied the President. Geffen was an early supporter of Barack Obama’s presidential camp...
Geffen was named one of the 2010 recipients of Ahmet Ertegun Award from the Rock and Roll Hall of Fame. Geffen was awarded with the President's Merit Award for "indelible contributions to the music industry" from the National Academy of Recording Arts and Sciences at the 53rd Grammy Awardsin February 2011.
While Geffen has produced music, he has also been the subject of several songs, documentaries and books. Joni Mitchell and Geffen were close friends and, in the early 1970s, made a trip to Paris with Robbie Robertson and Robertson's wife, Dominique. As a result of that trip, Mitchell wrote "Free Man in Paris" about Geffen. Geffen can be heard on Ba...
As of October 2023, Geffen has an estimated net worth of $9.1 billion, making him one of the richest people in the entertainment industry. Geffen was initially defensive about his sexuality. During the 1970s he dated Cher and spent 18 months in a relationship with her. Eventually, Cher left him for Gregg Allman. Geffen eventually came out as gay in...
David Geffen at IMDbDavid Geffen at the Internet Broadway DatabaseDavid Geffen at the Internet Off-Broadway DatabaseFeb 18, 1990 · After Asylum merged with Elektra two years later, Geffen left the record business for a time, returning in 1979 to launch Geffen Records. Originally conceived as an A&R; satellite of Warner Bros...
Aug 31, 2024 · Geffen founded Asylum in 1970, sold out roughly two years later to Warner Brothers, and became president of the new Elektra-Asylum merger in 1973. By the time temporary ill health forced him into early retirement, the spirit of Asylum was typified by the Eagles.
Nov 1, 2012 · Ross merges Elektra and Asylum and asks Geffen to be the chairman of the new Elektra/Asylum Records. Ross offers a raise and renegotiation of his stock deal. Geffen accepts.
Feb 25, 1974 · Geffen, the 30-year-old president of Elektra-Asylum Records, is not complaining. The tour will help boost sales of Dylan’s new Asylum album, Planet Waves, which already has become a Gold Record ...
