Courtney Love Nearing Settlement

After waging a public war against the world’s biggest record company for nearly two years, rock star Courtney Love is expected to settle her lawsuit in a pact that may be announced as soon as today, sources said.

As part of the deal, Love is expected to be released from her contract with Vivendi Universal’s music group and receive a multimillion-dollar advance on anticipated future sales of releases by Nirvana, the band fronted by Love’s late husband Kurt Cobain, the sources said.

Love created anxiety throughout the music industry last year when she filed the lawsuit, designed to radically alter the way record labels do business and release her band, Hole, from its contract with Universal’s Geffen Records division.

Representatives for Love and Universal declined to comment on the matter.