Jules C. Stein (April 26, 1896 – April 29, 1981) was an American physician and businessman who co-founded Music Corporation of America (MCA).
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Early life and education
Stein was born in South Bend, Indiana, to Lithuanian Jewish immigrants, one of six children (three boys and three girls) of Louis Stein, a dry goods store owner, and Rosa Cohen (née Kahanaski). In 1915, he graduated from the University of Chicago. While in college, he supported himself by playing the violin and saxophone at weddings and bar mitzvahs; and later, realizing that he was not a very good musician, by organizing dance bands for the same events. Once, when he realized he could not make it to a gig, he hired a substitute whom he paid less than he would have personally made. This was the inspiration for focusing his energy on hiring musicians, instead of working as a musician himself, as a business model. In 1921, he graduated with a medical degree from Rush Medical College. He then went to the University of Vienna to study for a year and upon returning to Chicago, he was appointed chief resident at Cook County Hospital. Stein continued to book bands on the side and eventually left his secure life as an ophthalmologist for the entertainment industry. At the time, Chicago was a major centre for jazz—which had displaced ragtime as the popular music—and when combined with Prohibition, created a lucrative environment for entertainment. Stein adjusted to the new landscape and shifted from booking bands for weddings to nightclubs. Stein became very successful. Several of his bands played for speakeasies owned by Al Capone with whom Stein was a friend.


