LOS ANGELES (Reuters) - Infamous record label owner Allen Klein, who played a key role in the demise of the Beatles and also nabbed control of some of the Rolling Stones' best-known songs, died in New York on Saturday after a battle with Alzheimer's disease, a spokesman said. He was 77.

During a career spanning more than 50 years, the New Jersey-born accountant enjoyed a reputation as a savvy gangster-like figure. His ruthless business practices were reviled by many, but he also earned grudging respect for bullying labels into giving rich deals to his clients.

"Don't talk to me about ethics," he told Playboy magazine in 1971. "Every man makes his own. It's like a war. You choose your side early and from then on, you're being shot at. The man you beat is likely to call you unethical. So what?"

It did not hurt his reputation when he was sentenced to two months in prison in 1979 for tax evasion.

He once said John Lennon hired him to protect his interest in the Beatles because he and wife Yoko Ono wanted "a real shark -- someone to keep the other sharks away."

Its assets include recordings by the Rolling Stones, the Animals, Herman's Hermits, Bobby Womack, the Kinks, Chubby Checker, Bobby Rydell and many others.

In addition to his children and wife, Klein is survived by his longtime girlfriend Iris Keitel, an ABKCO executive. His funeral will take place in New York on Tuesday.

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