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Thread started 07/09/12 4:23am

Gav

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Prince ends deal with UMPG

...passing on a message from Prince's manager, Kiran Sharma.

"We are pleased to announce that Prince and Universal have reached a mutual agreement in terminating their long standing publishing deal. It is an exciting opportunity for Prince to consider fresh and new ideas for all his music."

Remember, this is for Prince's PUBLISHING contract, not a record deal.

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Reply #1 posted 07/09/12 4:34am

WetDream

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I just read this.

Someone fill a music business unknowing person, like my self, in on what this means? What shackles does it release and what did they do when they had a deal? Because all i am aware of is that they distributed 3121.

This Post is produced, arranged, composed and performed by WetDream
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Reply #2 posted 07/09/12 4:35am

banishedones66
6

PRINCE Is A Free Agent As He & Universal End Publishing Deal

http://www.drfunkenberry....hing-deal/

PRINCE is also not signed to any record labels as well and considers himself a free agent when Drfunkenberry spoke to him about this late last month.

Sharma added "this is a great opportunity for PRINCE to consider fresh and new ideas for all his music."

PRINCE expressed interest in trying new mediums to release music and relished in being totally a free agent.

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Reply #3 posted 07/09/12 4:51am

databank

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It's pretty cool since Universal is EVIL cool

A COMPREHENSIVE PRINCE DISCOGRAPHY (work in progress ^^): https://sites.google.com/...iscog/home
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Reply #4 posted 07/09/12 4:57am

langebleu

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moderator

WetDream said:

I just read this.

Someone fill a music business unknowing person, like my self, in on what this means? What shackles does it release and what did they do when they had a deal? Because all i am aware of is that they distributed 3121.

Prince entered into a publishing deal with UMPG around 1999/2000, and later renewed it, for collection of monies due on his works.

That is separate from a contract to handle the particular release of a recording (often under a record contract, but in more recent times in Prince's case, under a marketing and distribution deal).

You can generally find out about these things on sites such as:

http://entertainment.hows...alties.htm

ALT+PLS+RTN: Pure as a pane of ice. It's a gift.
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Reply #5 posted 07/09/12 5:20am

TheEnglishGent

So how does Prince collect his money now?

It is an exciting opportunity for Prince to consider fresh and new ideas for all his music.

I don't know what this means. It should be very exciting but it's still Prince, so no doubt he'll find some way to do whatever it is in a half arsed way.

12 years with this account. Might be time to get an avatar.
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Reply #6 posted 07/09/12 5:42am

love2thenines2
003

banishedones666 said:

PRINCE Is A Free Agent As He & Universal End Publishing Deal

http://www.drfunkenberry....hing-deal/

PRINCE is also not signed to any record labels as well and considers himself a free agent when Drfunkenberry spoke to him about this late last month.

Sharma added "this is a great opportunity for PRINCE to consider fresh and new ideas for all his music."

PRINCE expressed interest in trying new mediums to release music and relished in being totally a free agent.

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Reply #7 posted 07/09/12 5:55am

pandemoniun6

Surely it's much easier to have someone else collect this money for him? confused

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Reply #8 posted 07/09/12 6:00am

ludwig

Buy a box of Captn Crunch and get the latest prince record for free!

No artist ever did that before, what an exciting and fresh idea!!

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Reply #9 posted 07/09/12 6:04am

linus4000

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Sad! Instead of concentrating on his music, he has now to take care of his publishing rights, too!

And just to get a bigger peace of the cake....

He doesn`t understand that you need professional people to do things like music publishing...

Stop playing games and make music again!

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Reply #10 posted 07/09/12 6:04am

FunkySideEffec
ts

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Good on ya Princey - all part of his master plan & the re-shaping of the music industry.
[Edited 7/9/12 6:06am]
pray Peace in the House of Prince.
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Reply #11 posted 07/09/12 6:06am

naffi

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So Prince can set up his own version of iTunes/Spotify/Mogg to sell existing music and for any new releases of his own or other artists??

Does that mean Prince no longer has the rights to the Welcome to concerts, if he ever wanted to release a live album from the concerts???
You know you are in love, when you cannot fall asleep because your reality is finally better than your dreams - Dr Seuss
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Reply #12 posted 07/09/12 6:14am

TheEnglishGent

naffi said:

So Prince can set up his own version of iTunes/Spotify/Mogg to sell existing music and for any new releases of his own or other artists??

No, the internet is dead to him.

12 years with this account. Might be time to get an avatar.
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Reply #13 posted 07/09/12 6:26am

KeithyT

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I read this as him and UMPG just ending their deal, and he will now (if he has not already) go and shop around for a new deal with another publishing administering company.

I didnt read it as he, and/or his staff, now administering it all themselves.

Just somewhere in the middle,
Not too good and not too bad.
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Reply #14 posted 07/09/12 6:31am

love2thenines2
003

KeithyT said:

I read this as him and UMPG just ending their deal, and he will now (if he has not already) go and shop around for a new deal with another publishing administering company.

I didnt read it as he, and/or his staff, now administering it all themselves.

...the big trouble 2 come is......Noone now in the Record Industry want to work with Prince, Prince is unmanageable, capricious & obsessed with BIG money for a BIG deal he can make from his legacy!!


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Reply #15 posted 07/09/12 6:39am

KeithyT

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lol Oh shush. You dont think UMPG got a cut of royalties for administering on his behalf. These companies get PAID dude. I'm sure administering the use of his back catalogue is an attractive proposition.

Enough with this Prince is the root of all (musical) evil lark... he aint no different to any other artist in being a little demanding and wanting money.

Just somewhere in the middle,
Not too good and not too bad.
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Reply #16 posted 07/09/12 6:40am

NuPwrSoul

KeithyT said:

I read this as him and UMPG just ending their deal, and he will now (if he has not already) go and shop around for a new deal with another publishing administering company.

I didnt read it as he, and/or his staff, now administering it all themselves.

Agreed... There is no way Prince will take on the responsibility of administering his publishing royalties and licenses all by himself. Who would he get to police the internet so strictly the way UMPG did for him?

More than likely he is shopping a new publishing deal. That, or his publishing will fall into disarray--and unlikely option since it would mean a lag in Prince getting royalties for his back-catalog, something valued at 8-10million a year last time I read. That's a lot of money to miss while he searches for a new option in adminstration.

(And I wish people would stop confusing publishing deals with record deals.)

"That...magic, the start of something revolutionary-the Minneapolis Sound, we should cherish it and not punish prince for not being able to replicate it."-Dreamshaman32
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Reply #17 posted 07/09/12 6:44am

pandemoniun6

KeithyT said:

I read this as him and UMPG just ending their deal, and he will now (if he has not already) go and shop around for a new deal with another publishing administering company.

I didnt read it as he, and/or his staff, now administering it all themselves.

This makes sense if not for all the free agent crap posted by the Doc. Whatever his plans are that gives the impression he's not rushing into antoher deal with a big company.

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Reply #18 posted 07/09/12 6:54am

linus4000

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He probably needs his now free publishing rights to get a record deal more easily...more money, more control....

What about the music and the creativity in the artistic field? He seems more and more concerned about getting control over his music and getting more money...

[Edited 7/9/12 6:55am]

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Reply #19 posted 07/09/12 6:57am

Graycap23

The 1st shoe 2 drop?

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Reply #20 posted 07/09/12 7:05am

Paisleyprk

Bring back the NPGMC!! That way, he can put up what he wants and we will buy it!! lol

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Reply #21 posted 07/09/12 7:06am

Genesia

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Has anyone else noticed how it's always someone else who keeps Prince from doing what he wants to do? He's never in the wrong - or to blame for anything.

Surely, he entered this arrangement willingly - just as he was a willing participant in his contracts with WB - and his marriages. Yet, when things go sour, it's because the other party is "holding him back."

Prince, ever the victim.

I mean if he did have sex he would break every rule Jehova's have regarding premarital sex so Prince is really just friends with them all anyway.
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Reply #22 posted 07/09/12 7:11am

ludwig

Genesia said:

Has anyone else noticed how it's always someone else who keeps Prince from doing what he wants to do? He's never in the wrong - or to blame for anything.

Surely, he entered this arrangement willingly - just as he was a willing participant in his contracts with WB - and his marriages. Yet, when things go sour, it's because the other party is "holding him back."

Prince, ever the victim.

Let's be honest and acknowledge that no one here knows the insights, if someone did something wrong, etc... It's all speculation.

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Reply #23 posted 07/09/12 7:17am

timmie

Paisleyprk said:

Bring back the NPGMC!! That way, he can put up what he wants and we will buy it!! lol

biggrin

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Reply #24 posted 07/09/12 7:31am

Genesia

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ludwig said:

Genesia said:

Has anyone else noticed how it's always someone else who keeps Prince from doing what he wants to do? He's never in the wrong - or to blame for anything.

Surely, he entered this arrangement willingly - just as he was a willing participant in his contracts with WB - and his marriages. Yet, when things go sour, it's because the other party is "holding him back."

Prince, ever the victim.

Let's be honest and acknowledge that no one here knows the insights, if someone did something wrong, etc... It's all speculation.

I think you misunderstood what I was trying to say.

Prince always makes this big deal when his deals end, talking about his wonderful new "freedom," and how it opens all these amazing new horizons for his music. He makes it sound like it's always the other side holding him back.

And yet, nothing ever changes. He operates the way he always has: there are no re-masters and the vault stays closed.

I mean if he did have sex he would break every rule Jehova's have regarding premarital sex so Prince is really just friends with them all anyway.
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Reply #25 posted 07/09/12 7:32am

SuperFurryAnim
al

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Is this the same Universal MG that Def Leppard is having problems with over royalties related to digital downloads? DOH!!! lol

[Edited 7/9/12 7:46am]

JESUS IS THE WAY
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Reply #26 posted 07/09/12 7:38am

KeithyT

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Genesia said:

Has anyone else noticed how it's always someone else who keeps Prince from doing what he wants to do? He's never in the wrong - or to blame for anything.

Surely, he entered this arrangement willingly ...Yet, when things go sour, it's because the other party is "holding him back."

Prince, ever the victim.

Rebecca where are you getting this? confused The announcement from his manager makes no mention of things turning sour or UMPG keeping him from what he wants to do, or holding him back.

As Gav has reported it's just a simple 2 liner.

To all the other's fretting about the free agent stuff that is jseven's interspersed wording (and no disrespect to him, he was privileged enough to be able to ask Prince direct.), relating to Prince's record deal status.

Just somewhere in the middle,
Not too good and not too bad.
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Reply #27 posted 07/09/12 7:39am

KeithyT

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Ah! just read your other post wink
Just somewhere in the middle,
Not too good and not too bad.
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Reply #28 posted 07/09/12 7:49am

KeithyT

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SuperFurryAnimal said:

Is this the same Universal MG that Def Leppard is having problems with over royalties related to digital downloads? DOH!!! lol

[Edited 7/9/12 7:46am]

I think in Def Leppard's case Universal is the record company (relating to the record deal). but yes it is the same group.

Did you see their proposed solution to re-record their back catalogue (sounds familiar lol )

Primary Wave are their music publishing/adminstration company btw.

Just somewhere in the middle,
Not too good and not too bad.
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Reply #29 posted 07/09/12 7:52am

SuperFurryAnim
al

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Def Leppard Sever Relationship With Universal Music Group Over Royalties

http://www.noisecreep.com...-universal

JESUS IS THE WAY
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Forums > Prince: Music and More > Prince ends deal with UMPG