182:. While in college, he supported himself by playing the violin and saxophone at weddings and bar mitzvahs; and later, realizing that he was not a very good musician, by organizing dance bands for the same events. Once, when he realized he could not make it to a gig, he hired a substitute whom he paid less than he would have personally made. This was the inspiration for focusing his energy on hiring musicians, instead of working as a musician himself, as a business model. In 1921, he graduated with a medical degree from
302:; however that same year, a federal antitrust suit was started against MCA. Both parties reached an agreement that MCA dispose of its worldwide talent agency business to go forward with its acquisition. Stein had been sole owner of the organization until 1954, when he voluntarily distributed 53 percent of his interest to key executives and employees, with 10 percent of the stock placed in an innovative MCA profit-sharing trust. Stein served as president of MCA until 1946 when he named
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and other leading bands of the day. Stein started package deals for complete shows for hotels and radio broadcasting. Spreading from the one-man start to bases in New York, Los
Angeles, Dallas and Cleveland, Stein's organization by the mid-1930s represented more than half of the nation's major bands,
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In 1928, he married Doris
Babette Openheimer (née Jones) who was also of Jewish descent. She had two sons, Harold and Gerald, with her first husband, Harold Oppenheimer, a Kansas City car dealer whom she married at the age of eighteen; Stein raised her sons as his own. Doris was also a cousin of the
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In 1958, Music
Corporation of America was reincorporated as MCA, Inc. which it was known by and took its stock public. Dr. Stein's biggest accomplishment came in 1962 when his company announced it was buying American
210:, created a lucrative environment for entertainment. Stein adjusted to the new landscape and shifted from booking bands for weddings to nightclubs. Stein became very successful. Several of his bands played for
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Susan Stein Shiva (1936-1983) married Gil Shiva of New York. They had two children: Alexandra
Elizabeth Shiva, and Andrew Shiva PHD, who founded the National Currency Foundation.
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immigrants, one of six children (three boys and three girls) of Louis Stein, a dry goods store owner, and Rosa Cohen (née
Kahanaski). In 1915, he graduated from the
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moving into producing television programs and motion pictures while still representing talent clients, resulting in accusations of conflict of interest.
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as his successor as chief executive. He continued as chairman of the board until 1973 and remained a director thereafter.
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In 1924, he contributed $ 5,000 and along with equal contributions from Fred Hamm and Ernie Young, founded the
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due to its large reach in many different directions. In 1958, it acquired the 430-acre (1.7 km)
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designed house on Angelo Drive. Stein bought the house in 1940; it was sold after his death to
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The Last Mogul: Lew
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30:"Jules Stein" redirects here. Not to be confused with
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551:"Rupert Murdoch Sells BevHills Estate to Son James"
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327:Research To Prevent Blindness
610:"Jules Stein, MD (deceased)"
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160:Music Corporation of America
128:Music Corporation of America
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625:"About Jules Stein"
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235:including those of
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284:the octopus
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252:Bette Davis
241:Isham Jones
212:speakeasies
208:Prohibition
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830:Danny Kaye
737:Sol Lesser
634:2018-04-10
616:2008-01-17
440:References
383:The Nation
366:Jean Stein
280:Jack Benny
147:Jean Stein
62:1896-04-26
32:Jule Styne
818:Leo Jaffe
712:1956–2009
562:28 August
237:Ted Weems
216:Al Capone
214:owned by
731:Bob Hope
142:Children
110:American
556:Variety
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162:(MCA).
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