Love Offered $162 Million For Nirvana Rights

COURTNEY LOVE has been offered a staggering $162 million (£108 million) for her majority stake in NIRVANA's back catalogue.
The Hole frontwoman inherited the band's publishing rights when her husband and Nirvana frontman Kurt Cobain committed suicide in 1994.
She sold off 25 per cent of the End of Music catalogue in 2006, pocketing $50 million (£33.35 million), but Love recently admitted she was considering offloading her remaining 75 per cent share after becoming convinced the royalty payments she receives are "cursed".
She insisted the decision was motivated by emotions, not financial gain, because she simply wants to move on from the Cobain tragedy.
She said, "I'm thinking about selling off all of Kurt's publishing. All of the rights, everything. It's not a financial decision; it's an emotional one.
"He was the best friend I've ever had, but Kurt and I were only married for three years, and now I need to have my own life. I'm always 'the widow' and that drives me nuts. That money has been cursed since the day it started to come in. It's not really my money."
Executives at Evergreen Capital are keen to relieve Love of her worries and have stepped up with the big money offer, reports the New York Daily News.
A source says, "Courtney thinks the catalogue comes with too many memories. It's haunted."
Love has yet to respond to the offer.


Contactmusic

Tags: Courtney Love - Nirvana


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Comments

spunkie's picture

spunkie

Here we go again with Courtney Love the b**** and l*** They were married much less than three years, F was 18mnths and she was the only reason he married her. One wonders what happened to the claim that he wasn't the love of her life - has she forgotten?! If the money is cursed, me thinks he probably put that there, teach her a lesson for all she did to him, remember the Evan Dando poster at Rome, or Where Did You Sleep Last Night?! Regardless, if the money isn't hers then surely it is Frances' money and a legacy he would wish her to hold, as with Lisa Marie and if F is the most important thing in C life - another quote, then surely she should agree with that?! Not a financial decision indeed! She sold the 25% for over 20million, but claims to be broke, maybe that's why she can't recall a thing about her history or what she's previously said and the other expenditure has made her downright ugly now. On one interview her eye kept drooping, like she was having a spasm, permanent damage etc. Still I suppose at least F will now have shoes, given that W and K are looking after her and long may she do so, lest she get the bloodsucker attaching itself.
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ukcobainfan's picture

ukcobainfan

Courtney, you disgust me and everyone else who reads your sordid little lies. It is not your money to spend, it belongs to Frances'. You have already spent what she had and blamed others for it. Your notoriety as a lying, scheming, manipulator is there for anyone to see as soon as you open your big, obscene mouth. Kurt would never have married you had you not been pregnant. Another ploy. Just f* off, Courtney. We are sick to the back teeth with your cr*p.
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