Badfinger were a British rock band that originally consisted of Pete Ham, Mike Gibbins, Tom Evans and Joey Molland. The band evolved from an earlier group called The Iveys that was formed in 1961 by Ham, Ron Griffiths and David "Dai" Jenkins in Swansea, Wales. They were signed by the Beatles' Apple label in 1968 as The Iveys. In 1969, Griffiths left and was replaced by Molland, and the band renamed itself Badfinger.
Badfinger had four consecutive worldwide hits from 1970 to 1972: "Come and Get It" (written and produced by Paul McCartney), "No Matter What", "Day After Day", and "Baby Blue". In 2013, "Baby Blue" made a resurgence onto the "Hot Rock Songs" Billboard 100 chart at No. 14, due to its featuring at the end of the series finale of the hit TV show, Breaking Bad. Their song "Without You" has been covered many times, including a Billboard number one hit for Harry Nilsson.
In 1970, the band engaged American businessman Stan Polley to manage their commercial affairs. Over the next five years the band recorded several albums for Apple and toured extensively, but became embroiled in the chaos of Apple Records' dissolution. They signed to Warner Bros., but Polley's financial machinations resulted in a lawsuit by Warner over missing escrow account money. Warner's consequent withdrawal from market of the 1974 album, Wish You Were Here (seven weeks after its release), cut off the band's income. Three days before his 28th birthday, on 24 April 1975, Ham committed suicide by hanging himself, leaving a note that included damning comments about Polley.