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UPDATED WITH VIDEO: Sex Pistols Manager Malcolm McLaren’s Son Burns £5 Million Worth of Punk Memorabilia

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Today (Nov. 26) marks the 40th anniversary of the release of the Sex Pistols’ “Anarchy in the U.K.” single. To protest what punk rock has become, Joe Corre, the son of former Sex Pistols manager Malcolm McLaren and designer Vivienne Westwood, has burned his collection of punk rock memorabilia, which is believed to be worth £5 million.

According to the Daily Mail, the fire took place on a barge on the River Thames in Central London, with a banner that read “Extinction! Your Future” along the side. The items included rare Sex Pistols recordings, clothing owned by Johnny Rotten and a doll of Sid Vicious wearing a t-shirt with a swastika. In addition, Corre also burned effigies of London Mayor Boris Johnson and former Prime Minister David Cameron.

Corre, the founder of lingerie company Agent Provacateur, is upset at Punk London, a series of events held throughout the city this year in recognition of the birth of the British punk scene. Back in March, Corre, suggested that the Queen, Johnson and the Heritage Lottery Fund were supporting Punk London, a concept that he believes is proof that punk is dead.

“Talk about alternative and punk culture being appropriated by the mainstream,” he said. “Rather than a movement for change, punk has become like a f—ing museum piece or a tribute act.” He added at a press conference on Thursday that punk is “McDonald’s brand … owned by the state, establishment and corporations” and that “it’s time we threw it all on the fire and started again.”

Rotten, however, wasn’t too impressed with the stunt. He called Corre a “selfish f—ing lingerie expert” and said that Corre should have sold the collection and given it to charity.

“I don’t think he’s had anything relevant to say for the past 10 or 20 years,” Corre shot back.

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