It smells like platinum sales for Courtney Love and the surviving members of Nirvana – Dave Grohl and Krist Novoselic.

Love reached an agreement with Vivendi Universal Music Group allowing for the release of a Nirvana compilation album, a box set and a rarities album.

The as of yet untitled compilation album, which is slated for release on Oct. 29, will feature an unreleased track, “You Know You’re Right,” the last song lead singer Kurt Cobain wrote before he committed suicide in April, 1994. The project initially was supposed to surface in fall 2001 to coincide with the 10th anniversary release of the band’s first major record label album, “Nevermind.”

Separate permissions were obtained from the surviving members of Nirvana.

Universal sued Love in 2000 for allegedly failing to deliver five albums. Seeking to break her contract with Vivendi last year and expose the label for “unfair treatment of artists,” Love filed a countersuit in the Los Angeles County Superior Court.

Love claimed Universal had made about $40 million from her former band, Hole, while she and her bandmates collected about $2 million in royalties.

As part of the settlement, Universal agreed to restore Love as the rightful owner of her music.

Grohl and Novoselic remain embattled with Love for control of the Nirvana L.L.C., which controls all management decisions for the band.

The remaining members formed the Nirvana L.L.C. partnership with Love in 1997. The company requires a unanimous vote by all three members regarding future albums, photos and anything else related to Nirvana.

When all three couldn’t agree on the songs to include on the box set, the matter was taken to court. Love attempted to dissolve the partnership, and the project was shelved indefinitely as legal decision was tied up in court.

Mark Cerny, owner of Record Rev, 817 W. Lincoln Hwy., doesn’t anticipate the compilation being a big seller.

“I don’t know how much interest [it will generate],” he said. “Everyone has most of their releases as it is. I’m not expecting a big demand for it.”

Yet Nirvana fans look forward to the first release from the band since 1996’s live release, “From the Muddy Banks of the Wishkah.”

“I’m really happy they’ve put their differences aside for the time being,” said John Alexander, a senior business major. “The most important thing is the magical music they’ve made. Nothing can tarnish their legacy.”