
| Pete Waterman, one of the most celebrated hit makers and producers of our time, with over 200 hits to his name, directly attributed the start of his success to Princess. Read this extract from his biography where he explains the story behind Princess, Donovan Heslop and His Million Dollar fortune and fame. |
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employees
some months, simply due to the cash‑flow situation. It was good that it happened
in a way, because it meant that the people who'd just joined the company to make
money had left. And those who were prepared to skip mortgage payments and stick
together were rewarded with a subsequent bond that made the company much
stronger.
In
the end we got in a new MD, Dave Howells, and introduced some real financial
discipline. We cut down on the money we spent on couriers and cabs and stopped
people taking lunches that lasted all afternoon. If we were going to make the
business work, we had to be single‑minded about it. What's more, we couldn't
afford to waste the reputation as hitmakers that we
were developing. Eventually, Tony and Eamon from the
bank rang up to tell me they were coming down to see me. They said it was
urgent.
1
took them to a very pleasant lunch. 1 wasn't panicking, but 1 knew the money
subject was going to crop up eventually. Back at the studio Eamon finally asked, 'So, Peter, how do you think you're
going to pay us back?'
1
told him about all the projects we were doing, but had to admit that we weren't
actually getting paid immediately. Along the way, 1 mentioned a record we were
thinking of putting out.
'Play
me the record,' he said.
'What?'
'Play
me the record.,
So
1 put it on. It was by Princess and it was called 'Say I'm Your Number
One'.
'How
much money do you need, exactly? he
asked.
I
told him thirty grand ought to just about cover it.
'You've
got it,' he said and shook hands on the loan there and
then.
He
loved the song and so the only reason the business survived at all was that my
bank manager fancied himself as an A&R man.
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THE
PRINCESS SINGLE WAS VITAL to
our development, and the story behind its release was, like so many of the
pivotal moments in my life, a mixture of instinct and
accident.
The
Spelt Like This sessions weren't working out and we
really were just banging our heads against the wall trying to make something out
of them. I'd had enough of it all and 1 remember
driving along the motorway on Bank Holiday Monday in the spring of 1985,
deciding that we had to scrap the project. 1 rang up Mike Stock and said, 'Look,
we can't keep on doing this band any more. We're just wasting our time. Let's be
men and accept that enough is enough. I'm going into EMI tomorrow to tell them
they can have the tapes.'
A
few weeks earlier I'd talked to my old mate Pete Robinson at RCA. He had Bucks
Fizz and he was desperate to do something with them, so he'd asked us to come up
with some songs for them. At the same time another friend, Jack Stevens at Epic
Records, had asked us to write a song for a girl called D.C. Lee. We'd been
wondering what to do, but were happy that there were at least a couple of people
showing interest in us coming up with something ourselves. Sitting in the car
that day, driving down the motorway, 1 decided we had to force ourselves to take
a chance. And the first stage was abandoning the Spelt Like This debacle.
After
I'd told Mike we were going to give EMI their tapes and pull out of the project,
1 asked him and Matt to go to his house with Andy Stennett, a keyboardist we had.
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'Write
some songs,' 1 said.
The
next day 1 went into EMI and had a huge argument with them, but eventually
managed to extricate us from working with Spelt Like
This. 1 knew that we were in a hugely precarious situation. The EMI money was
something we really needed, and the Allied Irish bank were going to be
questioning all the cheques I'd written any day soon. At the same time, the girl
that 1 was going out with had been seriously ill and needed to get away, so we
went on holiday to Mallorca together for a week. A
German publisher had offered to lend me a villa for a week and it seemed too
good an opportunity to miss, especially because 1 was skint.
Before
I left, Mike played me a song he'd written called 'Say I'm Your Number One', a
song that we thought we might be able to get D.C. Lee to use. The brief I'd
given him for writing it had been to come up with a song that girls could mouth
at guys they fancied in clubs and then, if they were rejected, they could
pretend that they were just singing along to the lyrics. One of the session
singers we used was a girl called Desiree Heslop and she sang on the demo of the
song. Her brother had come to me and announced that he wanted to release the
record himself because it was so good, but I'd said that Desiree was only a
session singer and had just been paid to sing on something we were working on
for D.C Lee.
1
went on holiday for a week, spending all the time worrying about how we could
make things work with the company, and when 1 got back, Willie said he had
something to play me. But 1 had to promise I wouldn't fly off the
handle.
'Why?'
I asked.
'Well,
it's something Matt, Mike and Andy have been working on. But you've got to give
it a proper listen,' he said.
And
he played a tape of Desiree singing 'Say I'm Your Number One'. They'd done a
fantastic job with it; the arrangement was superb and the vocals were so
brilliant, 1 remember actually seeing the hairs on my
wrist stand up.
'YEEEESSSSS!'
I shouted.
Later
on 1 found out that all the other people in the office were either hiding or
listening with their cars against the wall. When 1 shouted, they'd thought I'd
hit Willie or something. But I loved it.
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'There's
bad news as well,' he said.
'What
do you mean, "bad news"? How could there be bad news with a track like that?' 1
said.
'Well,
the boys think we should release it ourselves.'
'Absolutely,
categorically not,' 1 said.
Everyone
was shocked. They knew that 1 liked the record, so the obvious move seemed to be
for us to put it out. That was common sense. But it wasn't common sense to me.
We were producers. I hadn't promoted a record myself for years and the other
people around me hadn't promoted a record in their lives. We had a hard enough
job as it was trying to persuade the bank that there was any justification for
us writing all the cheques we'd written over the past few weeks. Me, Mike and
Matt weren't going to suddenly start a record company on our
own.
Then
1 had an idea. 1 decided to get back in touch with Nick East, the guy who'd done
promotion for Barry at Proto.
I
had a meeting with Nick and 1 said, 'Why don't you form your own record
company.' And 1 played him Desiree's song.
'I
haven't got a penny, Pete,' he said.
'That's
OK,' 1 told him. 'I'll sort it out for you and to start off, I'll give you this
record for free.' He loved the track, so he was
interested.
'Here's
the deal,' 1 said. 'You start a label and license the track from me for free.
And you promote it. But you've got to deliver the record, to really make sure it
sells. You've got to give me the enthusiasm and commitment you had when you were
working for Barry. You've got six months before you have to pay me
anything.'
He
said he had a name for the label: Supreme Records. It sounded good to me. So he
agreed; he somehow came up with a bit of money to get things started, then a few
weeks later Eamon from Allied Irish Bank came in and
gave me the thirty grand loan on the strength of
hearing the track. That thirty grand was enough to start pressing
copies.
Desiree's
brother Don had become her manager and was determined to make sure that no one
took advantage of his sister. He used to sit in the studio telling us that the
aluminium in mixing desks was contributing to the exploitation of people in
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bloke,
so you never wanted to argue with him. He also felt he could come up with ideas
for marketing her, and announced that he had a name that Desiree was going to
use: Princess.
'But
what's Prince going to think?' I asked him.
'It's
going to be Princess,' he said. So we left it at that. Desiree became
Princess.
At
that time the whole dance scene was driven by pirate radio and the buzz you
could build by having records played on pirate stations. We wanted to exploit
that, so we pressed the record on a white label 12‑inch and made it look like it
had come in from
A
couple of weeks later 1 got a phone call from Pete Robinson at RCA. He told me
he'd spent the last fortnight trawling around
Because
of the promotion that Nick had done to the pirates, the record really started
flying. Back then we used to have telex machines in the office and all of a
sudden people were sending telexes offering huge amounts of money to put the
record out in different territories. And I owned everything: 1 owned the
production, the publishing and
the
master tapes.
The
record went into the charts just outside the Top Forty, and we were ecstatic. We
were a tiny little company, pitching ourselves against the whole record
industry, and we'd made an impression. This wasn't like nowadays where you could
just shoot into the charts for a week then straight out again. This was
obviously going to start building into something.
But
Don, Desiree's brother, came into the offices and started complaining. He seemed
to believe that unless it had come straight into the Top Ten, we'd failed. I
couldn't believe
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what
he was saying; this was the most exciting thing that had happened to me! It was
a dream come true. Matt, Mike and me;
the team. And no one could take that away from us. We'd taken on the
world and won. I had to tell Don that just because you didn't go straight into
the charts at Number One, it didn't mean you weren't
going to have a hit.
The
next week the song had gone into the Top Twenty and we got Top
Of The Pops. The
day before the recording, Don came in with Desiree and said he had to see me
about something urgent. He told me that he and Desiree were having a rough time.
They couldn't pay their rent for the flat they were living in, and they needed a
few grand to get their situation sorted out. By now Princess had sold something
like 100,000 records, so they'd earn at least ten thousand pounds later down the
line. I rang up Eamon at the bank and
asked
them
to put ten thousand into Don's account.
1
went out for the day and when 1 got back there was a blue BMW outside the
office. I asked whose it was and 1 was told that it belonged to Don, Desiree's
brother. He looked a bit sheepish, having dashed straight out and spent his cut
on a motor, but 1 think he appreciated the
could
bring about.
That
record went on to really establish us. Wherever we went after that, all around
the world, it became our calling card. It was the first independent Number One
by a black artist in
So,
not only did it make great money for us and bring together a core group of
people at the company, it also established our credibility quite sensationally
all over the world. Six months later 1 met Jam and Lewis face to face. They were
with Janet Jackson, whom they were producing. Jimmy Jam pulled me over and
introduced me to Janet; he
immediate
success we
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said,
'This is Pete Waterman. Him and his guys are the only
people who can compete with us. We know where they've stolen their ideas from,
but they do it with style and take it into a whole new
place.'
It
was a great compliment from someone I really respected.
That
one record was a statement that we were going to stand on our own and not worry
about anyone else. it was the record that made Stock,
Aitken and Waterman and we didn't care if we failed
after that, because we'd proved to ourselves just what we were capable
of.
We'd
also got over the worst of the cash‑flow problem. By August 1985 when the song
was a Top Ten hit, the royalties started to flow in from things like Dead Or Alive. Supreme was Nick's label, but 1 owned the master
tape to 'Say I'm Your Number One'. 1 controlled the artist, 1 owned the rights.
Everyone involved got paid and it was a very equitable deal but at the end of
the day 1 took the risks and 1 called the shots. For the first time, no one
could take advantage of me, because the money came directly to me. And serious
money was starting to come in.
Early
in 1986, we were approached to work with Bananarama.
At that point the band was moderately successful, but hadn't done anything for a
while. 1 was going out with their manager, Hilary Shaw, and she suggested we
might be able to bring something to a track they were working on, a cover of the
old song, 'Venus'. 1 was very keen to work with them because 1 was a fan of
their music and loved the way that they were so obviously influenced by all
those old sixties girl groups.
When
1 met Bananarama they reminded me of the Belle Stars.
Siobhan, Sarah and Keren were three very opinionated,
wild tomboy girls, with the same great image that Madonna adopted later on. They
were very much part of the whole
They
came down to our studio and laid down the track. It was all right, but nothing
out of the ordinary. We always went
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