Lou Reed, Velvet Underground founder, dies at 71

Lou Reed

Lou Reed, who founded the influential Velvet Underground and went on to a solo career that spanned decades, died Sunday in Southhampton, N.Y., his literary agent confirmed to NBC News. He was 71.

“I regret to confirm that Lou Reed has died from complications following a liver transplant,” his agent Andrew Wylie wrote in an email. Rolling Stone was the first to report the news.

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Lou Reed, Velvet Underground founder, dies at 71 – NBC News.com.