
Breaking Records
Peter Grant Interview
Florida - 1973
The considerable bulk of Peter Grant relaxed in a Miami Beach hotel
after a day of fishing in the blue waters of Biscayne Bay.
The discerning South London-born manager of Led Zeppelin, the group
which is the current sensation in the world of hard rock, had just heard
with acute satisfaction that their last LP is topping the American album
chart.
"Only our fifth album, and our fifth 'number one' here and in Britain,"
he mused. Under Grant's astute guidance which has made them all into millionaires,
Jimmy Page, John Paul Jones, Robert Plant and John Bonham are being talked
about as four young men who are doing what the American pop world thought
impossible out-Beatling the Beatles.
The comparisons with the Liverpool group don't stop there for 38-year-old
Grant, married with a wife and two children, is inevitably being compared
with the late Brian Epstein as a financial genius who knows how to exploit
talent to its full.
The unsentimental music moguls of America are contemplating with envy
the cash that is flowing to Led Zeppelin.
They arrived only last week for their eighth tour of America and immediately
pulled in a crowd of 54,000 in Atlanta.
Then, they moved south to Tampa, Florida where 58,000 fans paid a record
£127,000 to hear them. The 35 concerts they will churn out on the
tour are expected to bring them £2 million and Grant said they do
the concerts to plug their albums.
The group's current LP, Houses of the Holy, has sold 1,200,000 copies
in five weeks and is eventually expected to bring in £8 million.
And altogether this year the quartet of electronic musicians and their
manager are expected to earn £12 million - ``before expenses,'' said
Grant.
"And they are pretty considerable we have a 10-man team of lighting
and sound men to go ahead of us, and considering too, that it costs us
nearly £15,000 to put on each concert."
Grant said that he joined Zeppelin five years ago (1968) when the Yardbirds,
another group he used to manage, split up.
"We explored all the styles and techniques but tried not to lose
the heavy core of raw feeling that was the sound in those days," said
Grant.
Finally they developed a sophisticated free-floating blues style which
has struck a chord of recognition in youth all over the world.
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