Courtney Love tells Rolling Stone that she has finally sold twenty-five percent of her share of Nirvana's sought-after publishing catalog -- to Larry Mestel of Primary Wave Music Publishing, former COO/GM of Virgin Records.
"I took on a strategic partner, Larry Mestel, to help me co-manage the estate because it was overwhelming," Love explains. "The affairs of Nirvana are so massive and so huge, and they've all fallen on my lap. I own almost all of [the publishing], . . . and it proved to be too much for me. I needed a partner to take Kurt Cobain's songs and bring them into the future and into the next generation. And this guy's the guy to do it."
According Rollingstone.com, Love says she has entered into another partnership -- a musical one, with New York-based electronic artist Moby. According to Love, Moby has agreed to co-produce the follow-up to her 2004 effort, America's Sweetheart, which Linda Perry is also at work on. The two met up when Love was in New York last week, and ended up spending a night out with Coldplay, Arctic Monkeys and Michael Stipe.
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