The Home Town: The Bronx
Jerry Weintraub grew up in the Bronx borough of New York City. After high school, he joined the Air Force. During basic training in the south, he was subjected to anti-Semitism, but responded with cunning rather than violence. While stationed in Alaska, Weintraub made money setting up Florida tours for his fellow servicemen. He always understood that this venture â like most of the segments of his career â would be a short-term proposition. In 1956, when his enlistment was over, Jerryâs father, Sam, offered him a monogrammed briefcase and a chance to join his jewel-selling business. Jerry declined and set off on his own course. Growing up, Jerry learned a crucial lesson from his father, who had acquired a huge sapphire of no great worth. Sam named it âThe Star of Ardaban,â and commissioned a special case and display for it. Using the stone as his entrĂ©e, Sam sold jewels to customers who never would have spoken to him otherwise. Thus Weintraub learned at a young age that promotion and packaging trump content.
The Education: The Neighborhood Playhouse School
Instead of college, Weintraub auditioned for Sandy Meisnerâs method-acting academy, The Neighborhood Playhouse School. Weintraub was no actor, but he discovered a lot of useful information there, foremost that actors (in fact, all talented people) are insecure and fearful. This means that a good manager must ease his creative clientsâ concerns and give them a safe place to be as original as they can. As part of the curriculum, Weintraub had to dance for Martha Graham. He refused, and she called him âa klutz.â Years later, he produced a show starring Grahamâs company. Impressed, she called him âher impresario.â No, he told her, âIâm your klutz.â
The Mentor: Lew Wasserman of MCA
After brief stints as a page at NBC and a mailroom clerk at the William Morris Agency, Weintraub bluffed his way into a job as a junior agent at the Music Corporation of America (MCA). Lew Wasserman, the powerful agencyâs legendary boss, eavesdropped on Weintraub fighting with his girlfriend for three hours over the firmâs coast-to-coast phone line. Wasserman was intrigued when Weintraub told the truth about the call. As his protĂ©gĂ©, Weintraub thrived, but he left MCA a few years later â against Wassermanâs advice â to open his own firm, Directional Enterprises.
âI did not want to follow another manâs script. I was living my own light, following my own light.â
In 1961, Weintraub married his high school sweetheart and soon started managing Frankie Valli and the Four Seasons. While Weintraub was producing their show in Brooklyn, mobsters attempted to extort money from him. Weintraubâs father set up a meeting with one of the U.S.âs most powerful Mafia figures. The mobster made Weintraub swear that he would never do anything illegal, because, if he did, the mob would demand a piece of it. Weintraub promised and the crime chief got the mobsters off his back. Years later, Weintraub was going to invest in a theatre. The same Mafioso let him know that the mob was involved in the theatre. Weintraub did not invest, and those who did ran into trouble. Weintraub also managed musician Kimo Lee, who bequeathed him the rights to a song called âBlue Hawaii.â Later it became a hit for Elvis Presley.
The Singer: Jane Morgan
Jane Morgan was a beautiful blonde star. After Weintraub became her manager, they fell in love. He divorced his wife and married Jane, who opened many doors for him. Weintraub already had a son, and he and Jane adopted three daughters, and worked for adoption-related charities for 20 years. Jane spent her childhood summers in Kennebunkport, Maine. When she and Jerry first visited there, he tried to play tennis at a local club, which turned him away since it did not admit Jews. Jane told a friend of hers, who invited Jerry to the club as his guest. That was George H. W. Bush. He and Weintraub became lifelong close friends. Weintraub later spent many nights at the White House and often attended state dinners. He also joined the tennis club, âthe yacht club and the golf club.â (The couple separated after many years, but remain married. When he confessed a new relationship, Jane accepted it, to his initial surprise. She doesnât want his public, boisterous life or a divorce; she wants to maintain her family and live quietly. They remain close.)
The Bigger Agency: Management Three
In 1963, Weintraub and two partners created Management Three, another talent agency. Soon after, Weintraub had a dream in which he promoted Elvis Presleyâs concerts. The next morning he contacted Elvisâ manager, Col. Tom Parker, who told him to get lost. Weintraub, who advises kids to âpersist, push, hang on, keep going, never give up,â telephoned Parker every day for more than half a year. When Parker finally agreed to meet, he told Weintraub to bring a certified check for $1 million. Weintraub scrounged up the money and gave it to Parker to pay Presley to tour. With no contract, they were in business. Weintraub, then only 26, learned a lot about promotion from the Colonel, notably: âWe were not interested in niche marketing or in targeting a specific demographic â we wanted them all.â Though polite, Presley made âall the artistic decisions.â Jerry learned from him to let artists do as they think best, and to earn them enough money so they could. In 1977, when Elvis died, Weintraub flew to Memphis for his funeral. When he saw the mixed-race crowds lining the funeral processionâs route, he realized that, in show business, segregation didnât exist and that the biggest artists henceforth would cross all racial divides.
The Legend: Frank Sinatra
Frank Sinatra called Weintraub in 1972. He told Weintraub he was going to promote his concerts. When they met, Sinatra said, âIâm never going to disappoint you. And you know what, kid? Youâre never going to disappoint me.â They shook hands; that was their deal. Weintraub found that Sinatra actually did do things his way. He presented Frank in a live national TV show from a boxing ring in Madison Square Garden. The show had lots of snags, but Frank was unruffled. Everything went well. Frank taught Weintraub to enjoy spontaneity, to let things happen.
The Country Boy: John Denver
Weintraub became John Denverâs manager when Denver had just one success as a songwriter â âLeaving on a Jet Plane,â covered by Peter, Paul and Mary. Weintraub believed John could be a huge star and that Denverâs upcoming album, Poems, Prayers and Promises, had an obvious hit song, âTake Me Home, Country Roads.â Weintraubâs problem was how to debut this unknown singer nationwide. Weintraub booked Denver on a solo tour of major U.S. radio stations. Denver would come in alone, with his guitar. He was charming and DJs liked him. Jerry got Elvis Presley to speak positively of Denverâs music in public, proving that, âA mention by Elvis Presley was the same as a multimillion dollar ad campaign.â Then Weintraub had Frank Sinatra appear with Denver. When the album was released, Weintraub bought âevery billboard on Sunset Boulevard from Bel Air to Hollywood,â so people thought Denver was huge before his first album appeared.
âSomething new is coming; every ten years a big hand comes down and sweeps the table.â
In 1974, when Denver was unknown, Weintraub booked him on some ABC television shows for $2,500 per appearance, but ABC canceled. Weeks later, âCountry Roadsâ became an enormous hit. ABC soon signed a deal to pay Denver $350,000 per appearance. After âCountry Roadsâ (then Denverâs only hit as a singer, though he had written other hit songs), Weintraub insisted on presenting the next album as a greatest-hits collection. He wanted the world to see Denver as someone who âhad always been famous.â The album went to number one. Despite success, Denver was fearful and never content. Weintraub, who made âten, twelve million with Johnâ annually for many years, believed Denverâs father had never praised or encouraged him, so John wanted to impress him, but also resented him. As Denverâs manager and friend, Weintraub had a paternal role. Years later, Denver fired him, thinking that was the way he could run his own life.
The Music Business: Concerts West
Weintraubâs company, Concerts West, promoted many musicians and bands. He befriended Bob Dylan and signed Led Zeppelin in the mid-1970s. They played pranks on Weintraub while they were on tour, but he returned the jokes. When the group clamored for more speakers, and bigger ones, Weintraub bought boxes, painted them black, mounted them onstage and convinced the musicians that they were speakers. They believed him and were very happy with their show that night. Jerry also handled The Moody Blues. When that band dissolved, two of its members launched a new group. Weintraub invited the music press to Carnegie Hall for the bandâs debut. When the press arrived, a record player was the only thing on stage. And that is how Jerry debuted the new album at Carnegie Hall.
âEvery ten years, I have built a new career without quite meaning to or even knowing it.â
Weintraub reshaped concert management by booking big halls or stadiums without dealing with each townâs local power structure. This earned him a number of enemies. Weintraub had to pay a large bribe for access to Arthur Wirtz, powerful owner of Chicagoâs ice hockey stadium, but it was worth it. Wirtz became his mentor and helped Weintraub book hockey arenas nationwide.
The TV Stars: Bobby Fischer and Dorothy Hamill
When Weintraub watched Bobby Fischer on television in the world chess championship in 1972, he thought Fischer could be a star. He flew to Reykjavik, Iceland â where the chess tournament was being held â to meet Fischer. He set up several deals for Fischer, but in the end they all fell through. Fischer was a chess genius, but he was too deranged to function in the real world.
âAs long as youâre here, you might as well smile.â
In 1976, Weintraub saw figure skater Dorothy Hamill on TV and knew she could be a star. He asked Roone Arledge, who produced ABCâs Olympic coverage, to put Hamill in touch with him. Before the meeting was over, Weintraub had lined up shampoo endorsements and a multimillion-dollar TV deal for Hamill. âWithin a few hours, this girl who had never seen a nickel in all her life was a multimillionaire.â She later moved to Los Angeles, lived with Jerry and Jane, and married their friendâs son, Dean Martin Jr.
The Blockbusters: Weintraubâs Movies
The first movie Jerry produced was Nashville, directed by Robert Altman, which became an enormous critical and financial success. Someone asked Jerry, âWhat do movie producers do?â He answered: âSolve problems.â In the mid-1970s, Jerry went through two years of drug abuse, which he ended on his own. At the end of the decade, he left concert promoting to become a full-time movie producer. He says, âYou have to be willing to walk away from the most comfortable perch, because it is the most comfortable.â When Jerry produced Dear God (starring John Denver, with George Burns as God), he insisted on advertising the film on TV, a new tactic that worked. Dear God was a big hit. Jerry produced many more films, including Diner, The Karate Kid series, as well as Oceanâs 11, Oceanâs 12 and Oceanâs 13, featuring great ensemble casts with George Clooney, Brad Pitt and Julia Roberts. In 1985, Jerry started the Weintraub Entertainment Group and, in four years, failed spectacularly, losing some $30 million at age 50. Having a studio took him out of âthe movie businessâ and put him in âthe company running business.â In the end, his friends helped him with his loses and put him back in the movies.
The Mogul: Armand Hammer
Weintraub befriended industrialist Armand Hammer, who made his first fortune as the Westâs sole business broker in Russia. He and Weintraub flew everywhere, meeting world leaders. When Premier Leonid Brezhnev died, they went to Moscow for his funeral. Bush could not get Weintraub a ticket to the funeral, but Hammer could. They sat in front. The Russians didnât want Bush seen in the funeralâs TV coverage, so they put him in the back; Weintraub had a better seat than the president.
Life and Business Lessons
Weintraub learned many useful lessons over the years, including:
- A successful career requires mentors.
- Invest in talent. Work with the top people in your field.
- Accept good luck. Embrace spontaneity.
- Be in charge â the fewer the partners, the better. Understand every acquisition.
- Never embarrass your associates, but expect repayment for every compromise.
- Keep your business to yourself.
- Ignore those who oppose or ridicule you. Develop your innate sense of âscrew âem.â
- A healthy worldview includes connection to a sense of the infinite.
- Never fear failing, trying or looking like a fool. Donât be âthreatened by a new idea.â
- Things change. Be willing to start anew. Be true to your passions and follow them.