Billionaire Cuban to save punk birthplace? | News.blog | CNET News.com

"Mark Cuban has emerged as a potential savior of CBGB,
the New York club that is considered the birthplace of punk
but now faces eviction.

According to this Associated Press report, CBGB owes
some $91,000 in back rent and faces a potential doubling
of its monthly nut of $19,000. And that's just too much, says
Hilly Kristal, founder of the club that incubated such bands as
the Talking Heads, the Ramones and Blondie in the 1970s.

Enter Cuban, the owner of the Dallas Mavericks pro
basketball team who became a billionaire when he sold
Broadcast.com to Yahoo for $5.7 billion. 'It's an icon of the
New York music scene,' Cuban told the AP in explaining
his offer of assistance."
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