The Rise and Fall of Stax Records
Nov 7, 2019 | 07:00 PM - 09:00 PM
The Venue Aurora | 21 S. Broadway Ave. | Aurora, IL 60505
Bank teller and amateur country fiddler Jim Stewart and his sister Estelle Axton (Whose joined last names would give Stax its label) opened Satellite Records in a garage in Memphis, TN in 1957. Two years later, Satellite Records and the newly formed Stax Recording Company, moved to a vacant movie theater at the corner of College and MacLemore in predominantly African-American South Memphis.This presentation will examine the meteoric rise and the inevitable fall of Stax as a result of bad business deals, unchecked expansion, predatory banks, the rising tension of the 1968 Memphis sanitation workers strike and the assassination of Martin Luther King, Jr.