People, Jun. 24, 1974

It is a pressagent's dream. There are Pop Singer and Composer John Phillips, 37, his first wife, Michelle Phillips, 29, and his second missus, South African Actress Genevieve Waite, 26, all making music for their "family label," Paramour Records. No hanky-panky about it either. Although Phillips, who with Michelle, Cass Elliot, and Denny Doherty founded the Mamas and the Papas singing group in 1965, likes to call his life-style with a giggle "a ménage à trois," the relationship seems to be purely commercial. Michelle and Genevieve are capital investments. "There's something about...

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