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Stories From Main Street: 2nd Annual CBGB Music And Film Festival

NEW YORK (CBSNewYork) - The iconic rock music club CBGB may be closed, but it still lives on through its second annual Music and Film Festival.

"Last year was a success, we were fortunate enough that the city wanted us to come back," Louise Parnassa Staley told WCBS 880's Sean Adams.

The festival kicks off on Tuesday with the premiere of the CBGB movie.

"Everyone has their CBGB story, but now it's time for the next generation of musicians to discover their inner voice," said Staley.

Stories From Main Street: 2nd Annual CBGB Music And Film Festival

She booked bands as the manager of the club for more than 20 years.

The festival will feature 300 bands across 75 venues, Adams reported.

Stories from Main Street
Stories from Main Street - Photo: Evan Bindelglass / WCBS 880

In Times Square, acts like My Morning Jacket and The Wallflowers will play and Guns N' Roses bassist Duff McKagan will be a keynote speaker.

"This is the place that was giving this whole scene in New York...giving them a place to play that was like the mecca," McKagan told Adams.

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He said his knees shook when GNR played an acoustic set at CBGB's Record Canteen in 1987. After their gig, McKagan bought a CBGB t-shirt that he later wore in the "Sweet Child O' Mine" video.

That t-shirt now sits in a special storage box in his house because McKagan said CBGB is sacred.

"I think if there was no CBGBs, there wouldn't have been Metallica or Guns N' Roses or on to Nirvana," McKagan said.

The festival runs through Sunday. For more information, click here.

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