we were undercapitalized for a long time." The label's office in the Ritz Hotel in Manhattan proved too expensive, so they moved to a room in the Hotel Jefferson. most of the problems we had with artists were that they wanted advances, and that was very difficult for us. When interviewed in 2009, she attributed her reputation to the company's chronic cash-flow shortage: ". Staff engineer Tom Dowd recalled, "Tokyo Rose was the kindest name some people had for her" and Doc Pomus described her as "an extraordinarily vitriolic woman". Miriam gained a reputation for toughness. Abramson's wife Miriam ran the label's publishing company, Progressive Music, and did most office duties until 1949 when Atlantic hired its first employee, bookkeeper Francine Wakschal, who remained with the label for the next 49 years. In September 1947, he sold his share in Jubilee to his partner, Jerry Blaine, and invested $2,500 in Atlantic.Ītlantic was incorporated in October 1947 and was run by Abramson (president) and Ertegun (vice-president in charge of A&R, production, and promotion). He founded Jubilee in 1946 but had no interest in its most successful musicians. Vahdi Sabit, to invest $10,000 and hired Herb Abramson, a dentistry student.Ībramson had worked as a part-time A&R manager/producer for Al Green at the jazz label National Records, signing Big Joe Turner and Billy Eckstine. Ahmet ostensibly stayed in Washington to undertake post-graduate music studies at Georgetown University but immersed himself in the Washington music scene and entered the record business, which was enjoying a resurgence after wartime restrictions on the shellac used in manufacture. The brothers were fans of jazz and rhythm & blues, amassing a collection of over 15,000 78 RPM records. In 1944, brothers Nesuhi and Ahmet Ertegun remained in the United States when their mother and sister returned to Turkey after the death of their father Munir Ertegun, Turkey's first ambassador to the U.S.
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