ddr, part of the reason they were denied recognition was due to their demands--fair and reasonable demands---during the 60s when they first toured here in the US. They were adamant about gaining a fairer share of the gate receipts.
This incensed US promoters that a little ol' upstart punk UK rock band would dare expect some equity for their labors, so the Kinks were blackballed from touring in the US, greedy promoters colluded to not book them for the rest of the 60s.
Dave Davies has stated that no touring UK band during the British Invasion ever made any real money, including the Beatles, but the Kinks weren't going to be kicked around. It still ended up costing them, but I think that was pretty ballsy, lol. Long Live The Kinks!