Immediate Records

Immediate Records was a British record label, started in 1965 by The Rolling Stones' manager Andrew Loog Oldham and Tony Calder and concentrating on the London-based blues and R&B scene.

Immediate Records was started in 1965. Signed musicians included Rod Stewart, P.P. Arnold, songwriter Paul Korda, Billy Nicholls, John Mayall, Savoy Brown, Small Faces, The Nice, Fleetwood Mac, The Groundhogs, Chris Farlowe, Duncan Browne and Humble Pie.

Due to financial problems, the label ceased operations in 1970 and it has been the subject of controversy ever since. This is especially true in regard to unpaid royalties owed to the Small Faces, who made numerous hit recordings for the label between 1967 and 1969. Despite their success, the band received virtually no income from these often re-released records, until legal action finally secured payments from the present licencees in the early 2000s.

According to Small Faces drummer Kenney Jones, most of Immediate Records' assets and income were embezzled by one of the company's senior partners, who allegedly channelled the funds to offshore bank accounts. Paul Korda, who wrote songs such as "The Time Has Come" for P.P. Arnold, was never paid for work done for Immediate Records.

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