FAC 161

As ever with Momus, the plot is a woman, but you also get his take on Tony Wilson:

‘It infuriates me when people say (as some have, even on the day he died) that Tony was a bad businessman. He was an amazing – and influential – businessman. Or should we say “anti-businessman”? His contract was a verbal one based on trust. He split profits with the band 50/50. I didn’t sign to Factory in 1982, but in 1986 I signed to Creation and Alan McGee was operating the same deal with his artists, directly inspired by Tony Wilson. No paper contract, a handshake deal, 50/50 profit split. I recorded cheaply, and made profits almost immediately. True to our deal, Creation split them. All my Creation releases made profits. It was enough for me to live on. I signed off the dole in 1989. Thanks, Tony!’

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