| .. |
|
The Pulse of Radio reports that an ambitious plan to license the music of NIRVANA and its late singer/songwriter, Kurt Cobain, appears to have backfired, according to Portfolio.com. A company called Primary Wave Music Publishing bought a 50 percent stake in Cobain’s catalog for a reported $50 million from his widow, Courtney Love, who was nearly out of money at the time. However, Primary Wave has had little success with placing NIRVANA songs in TV commercials, video games and ad campaigns, with the company earning just slightly more than $2.3 million on its investment so far.
Love claimed to have had just $4,000 in her bank account three years ago when she made the deal with Primary Wave.
Fans criticized Love for allowing Cobain’s music to be used in the kind of commercial enterprises that he blasted up until his 1994 suicide.
NIRVANA’s rebellious stance and image could be one reason why the music has not been licensed more. Sony/ATV Music Publishing chairman and CEO Martin Bandier explained, “NIRVANA was so revolutionary that it’s very difficult to match different projects, and there are tons of iconic groups that allow their music to be utilized.”
One of Bandier’s clients, the JONAS BROTHERS, made around $1 million through licensing music to film and television projects 105 times in 2008 alone. By comparison, only 13 NIRVANA tracks have been licensed for a total of $480,000 over the past three years.
A source told Portfolio that one deal to license a number of NIRVANA songs for a special episode of “CSI: Miami”, that would be written around the music, collapsed when Love, the publisher and former members of NIRVANA asked for “twice the industry standard” in licensing fees, leading CBS-TV to back off.
Source: www.blabbermouth.net
You must be logged in to post a comment.
Black Sabbath: Rumors For Bill Ward To Quit & Online Backlash By Fans
BLACK SABBATH drummer Bill Ward has announced that he will not be able to partake in the recording sessions for the band’s new album and subsequent touring activities unless he is presented with a “fair agreement.” His official statement on the matter reads as follows:
“Dear SABBATH fans, fellow musicians and interested parties,
“At this time, I [...]
Cannibal Corpse Announce U.S. Headlining Tour
Legendary death metal legion CANNIBAL CORPSE are pleased to announce their U.S. headlining tour., Brought to you by Metal Blade Records, Good Fight Entertainment and dB Drum Shoes, the U.S. Torture Tour 2012 will commence on April 5 in Jacksonville, Florida and level 23 stages before coming to a close on May 3 in Gainesville, [...]
Eluveitie: New Video Clip Released
Swiss new wave of folk metal icons ELUVEITIE have released the video clip for the song “Havoc” which comes off the bands upcoming album “Helvetios”. Check out the video below.
The video was produced by Polish production company Grupa13 who have already worked with the band on the most recent clip for “A Rose For Epona“ [...]
Kerry King: We Are Looking To Hit The Studio In March
Artisan News caught up with new SLAYER guitarist Kerry King last month at the first-ever Rock & Roll Roast
at The Grove in Anaheim, California and asked him about the progress of the songwriting sessions for the band’s next album (see video below).
“We got back out [on the road] May 25 in Europe, then we’ll [...]
Machine Head Frontman: ‘Most Politicians Are Full Of It’
Nathan Katsiaficas of the radio show “Metal Mutilation” conducted an interview with Robb Flynn of San Francisco Bay Area metallers MACHINE HEAD on January 26 in Portland, Maine. You can now watch the chat below.
When asked for his opinion on the current Republican presidential candidates and President Obama, Flynn said, “I’m not really into the [...]