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Vee Jay records is a record company that formed in Gary Indianna Chicago Illinois, in 1953 by Vivian and James Bracken.
Vivian and James borrowed $500 from a pawnbroker to start the record company. Thirteen years later, it became the country's biggest independent, black-owned record label. Many famous artists were recorded at Vee Jay even the Beatles recorded there!
Three years later, the company folded, leaving behind $3 million in debt. The company was basically being destroyed by success.
Sherry was such a big hit that Vee Jay ended up not having enough money to keep making copies of the record. Right after that they signed another hit group: The Beatles.
They ended up in court, Vee Jay Records was over!
Vee Jay signed more and more artists every day. The first hint of disaster came in 1962, with the biggest record to date by Sherry.
http://www.npr.org/templates/story/story.php?storyId=18112344http://www.history-of-rock.com/veejay.htm
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