An Australian businessman hopes his purchase of music icon Kurt Cobain's acoustic guitar could help boost the struggling global music industry.
Key points:
- The Australian who bought one of Kurt Cobain's guitars for a record price says he plans to display it around the world
- Rode Microphones founder Peter Freedman says he will use to the guitar to try and get people to support the arts industry
- Mr Freedman says he intends to sell the guitar at the end of the tour
The 1959 Martin D-18E guitar was played by Cobain during his 1993 MTV Unplugged performance in New York.
It now holds the record for being the most expensive guitar in the world after being purchased by the founder of Rode Microphones, Peter Freedman, for $US6 million ($8.8 million).
Mr Freedman plans to display the guitar on a worldwide tour, the proceeds of which will go back to the performing arts sector.
"I did it to highlight the massive crisis in the arts," he told ABC Radio Brisbane.
"When I found out it was available, I thought, 'Nothing is going to beat doing this' — and I was right."
Mr Freedman, who is based in Los Angeles, said he was happy for the auction to go to as "high as it needed to".
"I would have paid $40 million if I had to — I have a house, clothes and food, so what do I need the money for?" he said.
"I've got the attention of government, I've got the attention of everyone asking me why I did it."
The guitar was sold with its case, which was adorned with flyers from punk rock band Poison Idea's 1990 album Feel the Darkness.
'As though they don't exist'
Mr Freedman said he knew how much the sector was hurting.
"Musos and entertainers get nothing — it's as though they don't exist," he said.
"I know people who are sleeping on the floor, don't have money for food and have families — they need help now.
"We're going to tour it to Sydney and Melbourne.
"There's going to be ticket sales, poster sales, and I'm going to sell the guitar at the end."
His main motivation is to lobby on behalf of musicians in countries like as Germany, the UK and Australia.
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"The money that comes from it mightn't be much, but it's the focus on governments, and the effects of this will last forever if I do it right," Mr Freedman.
"It's not the money we need, it's the people, the support.
https://news.google.com/__i/rss/rd/articles/CBMiZmh0dHBzOi8vd3d3LmFiYy5uZXQuYXUvbmV3cy8yMDIwLTA2LTIyL2t1cnQtY29iYWlucy1ndWl0YXItYm91Z2h0LWJ5LWF1c3RyYWxpYW4tZm9yLTktbWlsbGlvbi8xMjM3OTMxNtIBJ2h0dHBzOi8vYW1wLmFiYy5uZXQuYXUvYXJ0aWNsZS8xMjM3OTMxNg?oc=5
2020-06-22 04:09:30Z
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