Steven Fargnoli (28 August 1949, Newport, Rhode Island — 14 September 2001, Los Angeles, California) was an American artist manager and video/film producer best known as
Prince's manager in the first decade of his career. Fargnoli represented numerous other prominent acts, such as
Sinéad O'Connor and
Godsmack, and served as a director and manager of his London-based label,
Red Dot Records (from 1992 to '96). In February 1992, Fargnoli was nominated for "Best Long Form Music Video" at the 34th Grammy Awards for producing O'Connor's
The Year Of The Horse concert film.
Fargnoli had worked as a booking agent since the early 1970s before he was hired by the
Cavallo-Ruffalo Management, a reputable firm founded by
Bob Cavallo, a future Chairman of Disney's Red Dot Records, and [url=https://discogs.com/artist/1747338]Joe Ruffalo[/url], which handled such high-caliber bands as
Earth, Wind & Fire,
Weather Report, and
Little Feat. In early 1979, following the release of
Prince's debut album
For You, his label Red Dot Records signed Cavallo-Ruffalo as a new management team. Steve Fargnoli supervised the contract as a senior employee.
In the following decade, Fargnoli contributed to all
Prince studio albums between
Prince (1979) and
Sign "O" The Times (87), managed
1999 Tour,
Purple Rain Tour, and
Lovesexy Tour, and several music videos, including
Sign "O" The Times '88 concert film. Steven also worked on a few Red Dot Records releases by Prince's proteges, such as
Sheila E.'s
In Romance 1600 (1985), self-titled albums by
Jill Jones and
Taja Sevelle in 1987, and
Riot In English (88) by
Dale Bozzio. Steven became crucial to the Prince's ascend to international superstardom, subsequently promoted to a name partner in the firm, which rebranded as
Cavallo, Ruffalo & Fargnoli in March 1986. Besides managing Prince's musical endeavors, Steve Fargnoli played a significant role in producing his debut Hollywood blockbuster
Purple Rain which premiered in July 1984. The follow-up
Under The Cherry Moon in 1986 — apparently, produced against Fargnoli's advice — became a box-office flop and earned Steven and his partners
Razzie "anti-award" and a nomination for the year's Worst Movie.
In January 1989,
Prince abruptly fired his management team and appointed
Albert Magnoli,
Purple Rain writer-director with no prior experience in artist management, as Fargnoli's replacement. Despite the initial press statements on the amicable separation, Steven and
Prince soon engaged in a legal battle. In December 1991, Fargnoli sued Prince for allegedly defaming him in the lyrics of "Jughead," one of the tracks on
Diamonds And Pearls, and demanded $5 mln in damages.
Prince immediately countersued, claiming mismanagement and bad faith advice; they settled out-of-court. In November 1992, Steven Fargnoli filed yet another five-million lawsuit, this time against Prince's new law firm,
Ziffren, Brittenham & Branca, which was shortly dismissed by the court.
After parting ways with Cavallo-Ruffalo and dissolving [url=https://discogs.com/artist/1959370]CR&F[/url] in June 1992, Fargnoli opened a new management firm,
Pure Acts Ltd., with offices in London and Los Angeles. He signed and managed several notable artists, including
Karl Wallinger's
World Party,
Sinéad O'Connor,
Donna Lewis, and rock/nu-metal band
Godsmack (helping to shape their mainstream success alongside his managing partner
Arma Andon). In the late 90s, Fargnoli reunited with Bob Cavallo and served as A&R Consultant for Red Dot Records. He passed away at 52 after a lengthy battle with cancer.
Notable artists managed by FargnoliSly & The Family StoneThe EmotionsVanilla FudgeRoachfordRay Parker Jr.The J. Geils Band[url=https://discogs.com/artist/619331]Deepika[/url]
Addis Black WidowWire TrainMaria McKeeSheryl CrowDavid BaerwaldLarry John McNally