Larry Parnes (born Laurence Maurice Palmer) was the most successful British rock manager of the 50s and early 60s.
Known as Larry “Parnes, Shillings and Pence” he organised rock tours and talent contests and had a habit of finding artists – to whom he inevitably gave strange names.
This practice led to the artists being known as the ‘Parnes stable of stars’, among them Tommy Steele, Marty Wilde, Dickie Pride, Billy Fury, Duffy Power, Georgie Fame and Vince Eager. Most of the Parnes stable eventually fell by the wayside.
At the end of the 1950s, Parnes launched Elempi Records as a haven for young talent, although the short-lived label produced nothing of note.