Courtney's reps deny intent of selling Nirvana catalogue rights
Contacted by Entertainment Weekly, Courtney Love's representatives denied the Cobain window's alleged intent of selling her 75% stake in the Nirvana song catalogue to global investment firm Oaktree Capital, for $162 million - a story that made the rounds the past few weeks.
In 2006, Courtney sold 25% of her share of the band’s publishing rights to Larry Mestal, a former Virgin Records executive, for $50 million.
Posted in NFC news section at www.nirvanaclub.com on 05-25-2010 @ 7:30 PM (GMT).