Thursday, January 20th, 1977

The Who's lawsuit against ex-managers Kit Lambert and Chris Stamp is settled with negotiations between Pete and Stamp at an office on Poland Street. Pete receives a $1-million settlement of his U.S. copyrights to date and The Who gain rights to all their recordings from "Substitute" on. MCA also agrees to pay for the cost of writing a screenplay for Quadrophenia. During the settlement Pete learns that lawyer Allan Klein permanently owns a piece of his song copyrights as a result of the 1966 settlement with Decca Records. Pete who loathes Klein, is appalled by the news.