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Elizabeth Peyton Exhibit Draws Crowds, Crosses its Fingers

Filed under: Art

The New Museum has enjoyed a terrific response to its Live Forever: Elizabeth Peyton exhibit, the first American retrospective of the artist's work, and two teeming floors of Peyton's Hockney-style portraits of cultural icons like Marc Jacobs, Kurt Cobain and Georgia O'Keefe.

And though the show has drawn huge crowds and notable press, the Museum is still hanging onto what could be its curatorial ace in the hole: a portrait of Michelle Obama (at right, via W) that will only join the exhibit if Obama wins tomorrow.

If that happens, Peyton's rendering of the brand new First Lady and her daughter Sasha would hang in good company -- featured works include a tender portrait of Jackie Onassis and John F. Kennedy, Jr.

See the gallery for more of what's currently on show. The exhibit will run through January 11. The New Museum is at 235 Bowery, New York, NY.

Love Sells Nirvana's Music

Courtney Love, the rock singer and widow of Kurt Cobain, has sold 25 percent of Nirvana's music library to Primary Wave Music Publishing. Though their entire catalog does not have an exact monetary value, Courtney reportedly banked $50 million for the sale of the rights. Love has closely guarded the rights to the 98% of the band's library since she inherited it upon the death of her husband, the Nirvana front man, in 1994. His former band-mates own a mere 2% of the collection, including some of the band's most famous works, like Smells like Teen Spirit.

In and out of rehab, as well as prison, for the past several years, it is likely that she decided to sell this share of Nirvana's music to cover some of her legal costs, since her money problems are well known, though she said she found managing her entire estate "overwhelming."

 

Courtney Love Real Estate Update

Filed under: Estates

A California mortgage company now owns the Washington bungalow that once belonged to Courtney Love. Love bought the home in the late 1990s and until recently Kurt Cobain's sister lived in the house. Love owed $386,000 on the home and could have stopped the auction by paying up. There were no bids on the house and so the home remains as the property of a Los Angeles mortgage company.

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