The K Foundation, Phil Caulty and Bill Drummond, previously known as the KLF or the Justified Ancients of Mu Mu. Erstwhile pop terrorists, said anyone could make a number one - and they did, several.
The story went that they were blathering in a pub about how anyone could make a number one single - it's just a formular, and someone said "go on then". So they did. Then this person says "fluke - do it again to prove it" and they did, then again just to make the guy pig sick, then to crown it all they put the whole lot together in the White Album and went platinum worldwide.
The the story goes they deleted their back catalogue ie made all their music unavailable, ie they get no more money from it; and they went up to scotland and burnt a million notes. Rumour has it that a) the bank refused to acknowledge it and put it down to natural cash wastage, and b) a japanese collector bought the suitcase containing the ash for more than a million.
Believe what you will. The K Foundation arrived soon after, with a fair amount of cash to splash about, full page adverts in the broadsheets, promoting their ideas. Their ideas? Well they had the Alternative Turner Prize, giving the Turner Prize winner Rachael Whiteread £40,000 as the Worst Artist in Britain, presenting it to her in front of the Tate after the Turner Prize show, in front of the tv cameras. [they were always good at courting the press]
Not heard much about them for a few years. Which all goes to prove, you can do what the frick you want if you've got the cash. and some times it'll be good. The K Foundation weren't Stuckists, but they weren't Charles Saatchi.
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