Courtney Love is reportedly going broke and wants to sell her rights to the Nirvana music catalog which was left to her by her late husband Kurt Cobain.
The troubled Hole singer is reportedly on the verge of bankruptcy and is hoping to cash in on the collection of Nirvana songs - which includes classic tracks "Smells Like Teen Spirit" and "Come As You Are".
According to the New York Post, Love is looking for $100 million for her rights to the music which she obtained in 1994 after Kurt committed suicide. There's no word (yet) on the reaction to the news from former Nirvana band members Krist Novoselic and Dave Grohl who fought a lengthy legal battle with Love over royalties and control of the songs.
In other news, Courtney stopped making payments on a house that she bought for Kurt's sister, Kim, and the historic house is scheduled to be put up for public auction on January 6. Read the article in People.