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Today the Sunday Times will publish its 2018 “Rich List,” ranking the 1,000 wealthiest people in the UK. It compiles the index by calculating net worth based on identifiable wealth, including land, property, other assets such as art and racehorses, or shares in publicly quoted companies. The calculations do not include bank accounts, which the paper can’t access. The newspaper sent Quartz a slice of the list, the top-40 wealthiest people in the UK music industry, as a preview. (The list includes, where relevant, spouses who actively participate in their partner’s music business, and heirs who hold the rights of a deceased artist’s music)
After crunching the numbers, the Sunday Times found McCartney and his wife Nancy Shevell had a combined wealth of £820 million ($1.1 billion), a figure including everything from royalties on The Beatles’ back catalogue to revenue from albums on streaming services such as Spotify and earnings from live performances. McCartney has been part of the Sunday Times’ Rich List since the paper inaugurated the index in 1989. He has seen his wealth grow from £40 million that year, to nearly £1 billion in present day.


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Though ‘flattered and grateful’ to win ‘pre-Nobel’ award, he says schedule won’t allow him to attend Jerusalem ceremony. Paul said Thursday he will not come to Israel at the end of May to receive the 2018 Wolf Prize in music, citing scheduling reasons, Hebrew-language media reported. His win will be revoked if he also fails to attend one of the next two award ceremonies in Jerusalem in 2019 or 2020.

It is the second time in the last few weeks a celebrity declined an invitation to come to Israel to receive an award, after Natalie Portman said last month she wouldn’t come to get the Genesis Prize due to Prime Minister Benjamin Netanyahu’s policies. Her refusal sparked widespread outrage.
But Paul didn’t cite political reasons, meaning he may still eventually visit the Jewish state and receive the prize.

Paul played a warmly received concert in Tel Aviv’s Yarkon Park in September 2008.
Ringo, is to perform in Israel on June 23 at Tel Aviv’s Menora Mivtachim arena with his All Starr band.

“It it very flattering and I am grateful to be a winner of this year’s Wolf Prize for Music,” he told the Wolf Foundation, which in February declared the former Beatle a winner of its award, which is handed to laureates every year in a ceremony at the Knesset at the end of May. “It is definitely a great honor for me to be included among the greatest artists, creators, scientists and history authors of our times,” he added. “But after reviewing my schedule I have to announce that I won’t be able to come on the set date.”
According to the Wolf Prize regulations, laureates are required to come to Israel in person and receive the prize from the president as a condition for winning it.
“If they refrain from coming for the designated ceremony in the year in which they were chosen, there is an opportunity to attend the awarding ceremony at the Knesset in the two years after the announcement as well,” the Wolf Foundation said in a statement.

The foundation cited previous occasions when winners received the prize one year after they won, such as opera singer Jessye Norman who won its music award in 2015 and molecular biology professor Joachim Messing who won the 2013 agriculture award.
“We thank Sir Paul McCartney and his wife Nancy Shevell for the cooperation and respectful correspondence and expect to see them in Israel in May 2019,” said Reut Inon Berman, the Wolf Foundation’s director general.
“Sir Paul McCartney is one of the greatest songwriters of all time,” the foundation said in a statement in February after announcing the winners. “His versatility underlies an extraordinary wingspan, from the most physical rock to melodies of haunting and heartbreaking intimacy. His lyrics have an equally broad range, from the naive and the charming to the poignant and even desperate. He has touched the hearts of the entire world, both as a Beatle and in his subsequent bands.”

Comparing the 75-year-old to classical music masters Franz Schubert, Johannes Brahms, and Claude Debussy, among others, the foundation added that “there is little doubt that his songs will be sung and savored as long as there are human beings to lift up their voices.”
The Wolf Prize is distributed annually in five out of eight disciplines (the disciplines change on a rotating basis). The Wolf Foundation began its activities in 1976, with an initial endowment fund of $10 million donated by the Wolf family. Since its inception, the foundation has awarded prizes to 329 laureates, 14 of whom are women. Over the years, 21 Israelis have won the prize, with 176 laureates coming from the US — the biggest number of laureates — followed by the UK, with 29.


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London’s AIR Studios, one of the world’s largest and most prestigious recording facilities, has been put up for sale by its owners. Initially founded by The Beatles’ producer Sir George Martin in 1969, the studio has been used by some of the biggest names in music with Paul McCartney, Adele, Coldplay, U2, Muse, George Michael, Kate Bush, Liam Gallagher, David Gilmour, Mumford & Sons, Scott Walker, The Jam and Katy Perry among the many artists to have recorded there.

The facility’s cavernous hexagonal shaped 300m squared live room big enough to house a full symphony orchestra and choir simultaneously — has also made AIR an in-demand booking for film composers and Hollywood studios. Film scores for Darkest Hour, Dunkirk, Wonder Woman, Justice League and Alien Covenant are among recent projects recorded at the state-of-the-art studio, based at Lyndhurst Hall, a Grade II listed converted church in Hampstead, North London, since 1991.

Prior to that, AIR — which stands for Associated Independent Recording — was located in central London. A sister studio in the tiny Caribbean island of Montserrat was opened by George Martin in 1979. It would go on to play host to some of the biggest-selling acts of the 1980s with Dire Straits, The Police, Duran Duran, Michael Jackson, Stevie Wonder, The Rolling Stones and Eric Clapton all cutting hit records at the facility. AIR Studios Montserrat was forced to close after much of the island was destroyed by a hurricane in 1989.

“The sale of AIR Studios is a significant moment in the history of the music industry,” announced co-owner Richard Boote, who acquired the London facility from Chrysalis Group and Pioneer in 2006. “Some of the most legendary soundtracks and records of the 20th and 21st century have been recorded at AIR and we know that there is still scope to expand and grow the business further,” said Boote in a statement.

As for who buys AIR, which includes an enviable collection of state-of-the-art and vintage equipment (including one of the world’s largest Neve 88R consoles), collectively said to be worth around £3 million ($4 million), co-owner Paul Woolf says they want someone who appreciates the heritage of the building and will carry on its legacy.

“It’s a very family cultured place,” he told Billboard. “We’re not corporate in how we run it and we’re very conscious of finding someone who buys into that and supports the staff. We’ve got probably the best tech team in the U.K., so we want them looked after and we want [the buyer] to take AIR onto the next step. To look at opportunities to develop and grow the place and treasure its history and heritage.”

In October 2017, the studio won a two-year legal battle to stop a neighbour from building a basement cinema, sauna, hot tub and swimming pool. AIR’s owners had feared that the noise and vibrations from the construction work would force the complex to close down. George Michael and Queen’s Brian May were among the signatories of an open letter opposing the plans, while more 13,000 people signed a petition in support of the historic studio.

Paul Woolf cites the “unbelievable” industry-wide response as one of his most abiding memories from his time at AIR. “That outpouring of support and love was so enormous it made me realize that I was involved in something very special,” he nostalgically reflects. “I honestly don’t think I’ll ever forget that. It will live with me for a long time.”


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The world of music would forever change on July 6, 1957, when John Lennon first met Paul McCartney.

Lennon at the time was a 16-year-old up-and-coming musician who dreamed of becoming the next Elvis Presley. He was hoping to make that goal a reality by being the front man of a rock ‘n’ roll group he formed in Liverpool named The Quarry Men (also written as “The Quarrymen”).
A 15-year-old McCartney had shown up at one of the band’s performances to see them play at a Liverpool church hall.
“[It] was a rather unremarkable event,” Tony Bramwell, a friend of the band told Woman’s World Thursday. “You really didn’t say, ‘Wow! I was there!’ The Quarry Men were playing and not very well, and it was the day Paul said, ‘Hello.’ It actually wasn’t exciting at all.”
But Julia Baird, Lennon’s half-sister, quickly noticed a connection between the two aspiring artists.
“John was impressed with his looks, and probably slightly envious, as well as his ability to play the guitar and the fact that he knew a lot – note, not all – of the words to ‘Long Tall Sally,’ which sealed his fortune,” recalled Baird. “Obviously the songwriting came slightly later.”I called them the Dream Team because John was the wordsmith and Paul is the melodist; he has beautiful melodies. You put them both together and you’ve got almost perfection – as has been proven.”

Biographer Julius Fast, who studied the friendship between the two future Beatles, noted McCartney was eventually invited to join The Quarry Men.
“The two boys hit it off very quickly,” explained Fast. “There was something both of them had that just locked together. Perhaps it was a crazy kind of attitude towards life, a contemptuous mockery that later became the trademark of the four Beatles, or perhaps it was just a teenage friendship that stuck.
“As far as John was concerned, Paul was not only a good guitarist – as good as John himself – but he also resembled their mutual idol, Elvis.”

McCartney’s arrival would ultimately lead to the end of Lennon’s band, but also launch one of the most iconic acts in music history.
“There’s this whole legend about how great The Quarry Men were, but they barely played any gigs in their life,” said Bramwell. “As soon as Paul joined, most of the others left because they wanted to play skiffle jazz and didn’t want to play rock and roll. Then George Harrison joined and completely demolished the idea of The Quarry Men as a folk skiffle band.”

Baird admitted she initially had no idea how much of an impact Lennon and McCartney would have together in helping to create their very own sound.
“In Liverpool, and I’m sure it was the same in the States at that time, you wouldn’t say to any of your friends who had a brother, ‘Is your brother in a group?’ You’d say, ‘Is your brother the singer, the drummer, the guitarist or what?’” she explained. “Because everyone was in a group.
“If you took an aerial view, there were all these groups playing on porches and in kitchens and garden sheds, and all the roofs would be jangling about. This was all the groups practicing. The only difference with John’s group was that they succeeded.”

The Beatles would officially form in 1957 and lead to a massive creative partnership. In 2017 NPR reported it yielded nearly 200 songs valued at close to a billion dollars.
Despite the success of the Beatles, McCartney would announce the band’s breakup in 1970.
“Personal differences, business differences, musical differences, but most of all because I have a better time with my family,” he explained at the time. “Temporary or permanent? I don’t really know.”
Lennon was shot and killed 10 years later in 1980. McCartney told Rolling Stone in 2016 he could still vividly recall an encounter he shared with Lennon a few years after the band initially broke up.
“He hugged me,” said McCartney. “It was great because we didn’t normally do that. He said, ‘It’s good to touch.’ I always remembered that – it’s good to touch.”


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Paul has been made a Companion of Honour at an investiture ceremony at Buckingham Palace on Friday. Speaking about becoming a member of the order, which has a maximum of 65 members at any time, the former Beatles band member called the ceremony “a huge honour”.

In a statement to the Press Association, he said: “I see this as a huge honour for me and my family and I think of how proud my Liverpool mum and dad would have been to see this.” Paul was accompanied to Buckingham Palace by Nancy, who looked beautiful in a long navy suit jacket and matching hat.

Paul, was honoured for services to music, 20 years after he was knighted by the Queen. Ringo was knighted back in March. Speaking about the honour, he said: “A lot of people I don’t know wrote letters saying, ‘Congratulations, it’s about time,’ but for me the time is when it arrives, and that’s now. I just never thought of it. I just got on with my life and here we are. As I said, I’m just really surprised.”

Although members of the Order of the Companions of Honour hold no special title, those conducted are entitled to use ‘CH’ after their name. Other Companions of Honour include JK Rowling, Dame Maggie Smith and Sir David Attenborough.



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Rock & Roll Hall of Fame: In Concert

The complete ceremonies from 2014 to 2017 are in this boxed set, including at Cleveland’s Public Hall in 2015. The inductees that year included Joan Jett & the Blackhearts, Green Day, Lou Reed and Ringo Starr.

Touching tributes and reunions alternate with soaring performances of classic songs by surprise guests. Highlights include Paul McCartney inducting his old Beatle buddy, then teasing the drummer to speed up his speech, and Ringo telling why he’s glad he was inducted in Cleveland. Also: all-star jam sessions.

674 minutes. Released April 24 on four DVDs or two Blu-rays.