Wednesday, February 12, 1969
Last updated on January 30, 2022
Article Feb 12, 1969 • Adagrose Ltd is created
Article Feb 13, 1969 • Launch party for Mary Hopkin’s album "Post Card"
Article January to February 17, 1969 • NEMS / Nemperor is sold to Triumph Investment Trust
On this day, the company Adagrose Limited was registered and Paul McCartney was made director of it.
Following some discussions with Lee Eastman, his future father-in-law, and John Eastman, his future brother-in-law, Paul McCartney became interested in the music publishing business. Creating his standalone company would be the vehicle to start buying up the copyrights of other artists.
One could also link this creation with the fact Allen Klein had become The Beatles’ business manager on February 3; Paul may have anticipated how bad things would turn in the coming months.
In August 1969, Adagrose Limited would be renamed McCartney Productions Limited, and would later evolve into MPL Communications, one of the world’s largest privately-owned music publishers.
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