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In page The Beach Boys:

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In April 1969, the band revisited its 1967 lawsuit against Capitol after it alleged an audit revealed the band was owed over $2 million for unpaid royalties and production duties.[26] In May, Brian told the music press that the group's funds were depleted to the point that it was considering filing for bankruptcy at the end of the year, which Disc & Music Echo called "stunning news" and a "tremendous shock on the American pop scene". Brian hoped that the success of a forthcoming single, "Break Away", would mend the financial issues.[citation needed] The song, written and produced by Brian and Murry, reached number 63 in the US and number 6 in the UK,[27] and Brian's remarks to the press ultimately thwarted long-simmering contract negotiations with Deutsche Grammophon.[28]