KURT COBAIN - COBAIN'S MUSIC A FLOP FOR LICENSING FIRM

COBAIN'S MUSIC A FLOP FOR LICENSING FIRM

Tragic rocker KURT COBAIN's music has proven to be a dud among advertisers and Hollywood studio executives - because few want to pay to use it in commercials and TV shows.
A company called Primary Wave Music Publishing bought a 50 per cent stake in Cobain's catalogue from his widow Courtney Love in 2006 - for a reported $50 million (GBP35.7 million) - but bosses have had little luck making their investment pay off.
Business website Portfolio.com reports plans to place Cobain's Nirvana songs in TV commercials, video games, ad campaigns and movies have backfired, and, as the 15th anniversary of the rock star's death approaches, Primary Wave chiefs have earned just over $2 million (GBP1.4 million) on their investment.
A source tells the website that one deal to license a number of Nirvana songs to TV bosses at CBS for an episode of CSI: Miami fell through when Love, Primary Wave bosses and Cobain's former bandmates asked for "twice the industry standard" in licensing fees.
Cobain committed suicide at his home in Seattle, Washington on 8 April, 1994.