▁were ▁" on ▁the ▁ver ge ▁of ▁becoming ▁super st ars ". ▁Instead , ▁in ▁May ▁ 1 9 9 2 ▁they ▁machine - g unn ed ▁a ▁music ▁industry ▁audience ▁at ▁the ▁BR IT ▁Awards ▁( al beit ▁with ▁bl anks ) ▁and ▁quit ▁the ▁music ▁business . ▁ ▁By ▁their ▁own ▁account , ▁neither ▁Dr um mond ▁nor ▁C aut y ▁kept ▁any ▁of ▁the ▁money ▁that ▁they ▁made ▁as ▁The ▁K L F ; ▁it ▁was ▁all ▁pl ough ed ▁back ▁into ▁their ▁extra v ag ant ▁produ ctions . ▁C aut y ▁told ▁an ▁Australian ▁Big ▁Issue ▁writer ▁in ▁ 2 0 0 3 ▁that ▁all ▁the ▁money ▁they ▁made ▁as ▁The ▁K L F ▁was ▁spent , ▁and ▁that ▁the ▁roy alt ies ▁they ▁acc ru ed ▁post - ret irement ▁amount ed ▁to ▁approximately ▁one ▁million ▁pounds : ▁Although ▁the ▁du o ▁had ▁deleted ▁their ▁back ▁catalog ue ▁in ▁the ▁UK ▁with ▁immediate ▁effect , ▁international ▁license es ▁retained ▁the ▁contract ual ▁right ▁to ▁dist ribute ▁K L F ▁record ings ▁for ▁a ▁number ▁of ▁years . ▁The ▁K L F , ▁like ▁any ▁other ▁artist , ▁were ▁also ▁entitled ▁to ▁Perform ing ▁Right ▁Society ▁roy alt ies ▁every ▁time ▁one ▁of ▁their ▁songs ▁was ▁played ▁on ▁the ▁radio ▁or ▁television . ▁R ather ▁than ▁spend ▁these ▁ear nings ▁or ▁invest ▁them ▁for ▁personal ▁gain , ▁the ▁du o ▁decided ▁the ▁money ▁would ▁be ▁used ▁to ▁fund ▁a ▁new ▁art ▁foundation ▁- ▁The ▁K ▁Foundation . ▁