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The Chairman has stepped down — and likely taken his final bow in Detroit.
Berry Gordy, the Detroit native who built Motown Records from a shoestring operation into a music, film and television empire, told a hometown crowd Sunday night that he is at last retiring.
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Kind of interesting. Way back in 2002, Gerald Posner published a book entitled, "Motown: Music, Money, Sex and Power." Very revealing! Even if half of it is true, Mr. Gordy is a v-e-r-y shrewd businessman who cheated a lot of very talented people, e.g. minimum hourly wages to some of the top R&B talent in the world. Argument could be had that, at the time he hired those people, some were not much more than street urchins - no claim to fame until AFTER he discovered and MADE them a name. One very big asset, among others was the Funk Brothers, who like many others, once they reached the fame and fortune category, skipped town and made more money somewhere else. I grew up in Motown and it's in my blood - super empire that Gordy made and I respect him for that. But, he stepped on a lot of people to make that fortune, selling out to MCA in 1988 for $61 MILLION. That's not chicken feed.
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