Philly's Swan Records had the Beatles on its label before Beatlemania but never cashed in
Six decades ago, the Beatles achieved a first in Billboard chart history. On April 4, 1964, the band occupied the top five positions on the Hot 100, edging out the likes of the Temptations and Beach Boys for their enviable chart domination.
This was at the beginning of Beatlemania in America, a phenomenon ignited just two months earlier by the group's appearances on "The Ed Sullivan Show." In mid-1964, everyone was looking to cash in on the British imports — much to the annoyance of a small Philadelphia label, which had released one of their chart toppers the previous year to a resounding thud.
The label was Swan Records, and one of its founding partners was already a legend on the local music scene. Dick Clark formed the company in 1957 with his "American Bandstand" producer Tony Mammarella and Bernie Binnick, a former salesman. The goal was to have a hand in as many parts of the music business as possible, an aim that would backfire two years later when both Clark and Mammarella got caught up in a payola scandal that ultimately forced Clark to divest. Before that fallout, the TV host owned 50% of the company.
Source:Kristin Hunt/phillyvoice.com
