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Courtney Love loses rights to Kurt Cobain’s image

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Courtney Love is no longer the keeper of Kurt Cobain’s public image, according to a report. Publicity rights for the late Nirvana singer’s estate are reported to have passed from his widow to his 19-year-old daughter, Frances Bean Cobain.

In 2010, Love apparently stepped down as manager of the company that administers Cobain’s publicity rights, including rights to his name and likeness. According to documents obtained by the Fix, an online magazine dealing with addiction and recovery issues, Love ceded her role at The End of Music in exchange for a $2.75m (£1.7m) loan from her daughter’s trust fund. Until the loan is repaid, Love is not entitled to income from any new deals relating to Cobain’s image.

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Frances Cobain broke with Love in 2009, when her aunt and a paternal grandmother were named her new legal guardians. She turned 18 in August 2010, taking ownership of most or all of her trust fund. She and her mother are now apparently locked in a battle over a collection of Cobain’s belongings, including musical equipment, clothing and several of the singer’s paintings. But rights to Nirvana’s music seems to have nothing to do with either of them: administrative rights for Cobain’s songs are overseen by a company called Primary Wave Music, and Primary Wave’s Larry Mestel also owns 50% of the publishing rights. He would have made the decision to license Smells Like Teen Spirit to the new Muppets movie.

Despite frequently ranting about her daughter online, Love recently apologised to her on Twitter. “Bean, sorry I believed the gossip,” she wrote. “Mommy loves you.”

© Guardian News and Media 2012

[Courtney Love performing in Ottawa in 2010 via Paul McKinnon / Shutterstock.com]

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… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

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Analyst tells CNBC: Recession will hit US several months before 2020 election

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"They are hinting somewhere in the early to mid portion of 2020," he said of a possible recession.

Watch the video below from CNBC.

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