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.
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.”
[Courtney Love performing in Ottawa in 2010 via Paul McKinnon / Shutterstock.com]
Analyst tells CNBC: Recession will hit US several months before 2020 election
An analyst told CNBC on Monday that a recession is likely to hit the U.S. just months before the 2020 election.
"The inversion of the yield curve is a great signal that a recession is coming," Guy Lebas of Janney Capital Management explained. "Recessions by their nature are impossible to predict with any confidence but we have a few clues."
Lebas pointed to corporate capital expenditure plans as a sign of economic stress.
"They are hinting somewhere in the early to mid portion of 2020," he said of a possible recession.
Watch the video below from CNBC.
These 6 former Trump officials are most likely to throw him under the bus in 2020
Former Trump White House Communications Director Anthony Scaramucci said on Monday that he believed we would soon see a groundswell of former Trump administration officials coming out to publicly denounce the president ahead of his 2020 reelection bid in an effort to warn Americans of his unfitness for office.
Given that the Trump White House has experienced record turnover during its two-and-a-half year existence, there is no shortage of disgruntled former officials who could come out against the president's reelection campaign within the next year.
Trump’s ignorance has touched off a new crisis in Kashmir
While Americans parse conspiracy theories about billionaire pedophile Jeffrey Epstein’s demise in a Manhattan jail cell, Trump’s sinister role in helping light a fuse in one of the most dangerous areas of the world has gone virtually unnoticed – by the U.S. that is.
India’s abrupt takeover on Aug. 5 of the Muslim-majority Kashmir state was a double whammy for the seven million inhabitants of this once-storied Himalayan kingdom nominally ruled by India and bordered by arch-enemy Pakistan as well as China, both of which claim territory in the region. All three countries have nuclear weapons.