R.I.P. Lou Pearlman 1954-2016 - Noise11.com
Lou Pearlman

Lou Pearlman

R.I.P. Lou Pearlman 1954-2016

by Paul Cashmere on August 21, 2016

in News,Noise Pro

Disgraced ex-Backstreet Boys and NSYNC manager Lou Pearlman is dead at age 62.

Pearlman had incredible success in artist management but he was also a crook running Ponzi schemes and served his last years in jail.

NSYNC, music news, noise11.comLou Pearlman started his first label Trans Continental Records to replicate the business model that squeezed millions of dollars out of kids pockets following the success of New Kids On The Block. Pearlman’s first act was Backstreet Boys. He held a talent quest to find the members and constructed the band himself. They became the biggest boy band of all-time, selling over 130 million albums.

Pearlman then repeated the formula and created NSYNC. NSYNC clocked up a further 55 million sales and generated a superstar in Justin Timberlake.

Lou Pearlman knew a good thing and stuck to the script creating boyband after boyband including O-Town, LFO, Take 5 and US5. He then tried a female version creating Innosense, featuring a young Britney Spears.

Something about Pearlman was crooked and every act he had (except for US5) sued him for fraud. Every case was settled out of court.

In 2006 it was discovered that Lou Pearlman was behind an elaborate Ponzi scheme that ripped off over $300 million from investors. He was arrested in 2007. On May 28, 2008 Lou Pearlman was sentenced to 25 years in prison. He was due for release in 2029. He died on August 19, 2016.

Noise11.com

——————————————————————————————————————————————

Never miss a story! Get your free Noise11.com daily music news email alert. Subscribe to the Noise11 Music Newsletter here

Listen to the Noise11 Music News channel now at iHeartRadio

Follow Noise11.com on Facebook and Twitter

Related Posts

Ed Sheeran, Photo By Ros O'Gorman
Ed Sheeran Covers A Few 90s Hits For The Fans

Ed Sheeran surprised clubbers in Ibiza by performing pop classics by Britney Spears and Backstreet Boys on Monday (26.09.22).

4 days ago
Backstreet Boys A Very Backstreet Christmas
Backstreet Boys To Release Christmas Album

The Backstreet Boys are gearing up to unveil their very first Christmas album.

July 8, 2022
Britney Spears - image By Ros O'Gorman
Britney Spears and Backstreet Boys Release Joint Song ‘Matches’

Britney Spears has teamed up with the Backstreet Boys for new song Matches.

December 12, 2020
Backstreet Boys perform at Rod Laver Arena Melbourne on Friday 8 May 2015. The first Australian show of 2015. Ros O'Gorman photo
Backstreet Boys Australian Tour Rescheduled For 2021

Live Nation has put new dates for Backstreet Boys in Australia on sale for May 2021.

May 20, 2020
The Backstreet Boys perform at Rod Laver Arena Melbourne on Friday 8 May 2015. Photo Ros O'Gorman
Backstreet Boys Officially Postpone Australian Tour

The Backstreet Boys have postponed the Australia/New Zealand leg of their DNA World Tour until next year due to the coronavirus pandemic.

May 1, 2020
Backstreet Boys perform at Rod Laver Arena Melbourne on Friday 8 May 2015. The first Australian show of 2015. Ros O'Gorman photo
Backstreet Boys Will Return To Australia in 2020

Backstreet Boys are bringing their DNA tour to Australia in 2020.

September 13, 2019
The Backstreet Boys perform at Rod Laver Arena Melbourne on Friday 8 May 2015. Photo Ros O'Gorman
Storm forces Backstreet Boys to bail out of show

The Backstreet Boys were forced to abandon a show at Pennsylvania's Hersheypark Stadium on Sunday due to a huge storm.

August 20, 2019