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Thread started 10/26/16 1:59am

Kara

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TMZ: Jay Z Bid to Buy Prince's Unreleased Music

It's TMZ, so take it with a grain of salt...


http://www.tmz.com/2016/1...buy-music/

Jay Z Bid to Buy Prince's Unreleased Music



Jay Z tried to snap up all the unreleased Prince music that was unearthed at Paisley Park after the singer's death ... TMZ has learned.

We've learned Jay met with Prince's sister, Tyka, and her husband, Maurice Phillips, several weeks ago. The mogul flew Tyka and Maurice to NYC to meet with him.

Sources close to Prince's family tell us ... Jay made an offer of around $40 million. We were unable to confirm the figure from Jay's camp.

But there was a rub. Tyka may be Prince's only full sibling, but she has to get sign-off from all the brothers and sisters, in addition to the trust that is managing the estate.

Word is that JZ is still in the running to get the overall deal for streaming rights ... but it will be very expensive and there are some major players in the game.



Update:

Apparent response from Londell...

https://twitter.com/Londe...5627250689

L Londell McMillan
@LondellMcMillan

After the #DonaldTrump media circus, nothing I read in the media surprises me anymore. Don't believe the hype! #NoSellOut ☔️

6:47 AM - 26 Oct 2016


https://twitter.com/Londe...9848766464

L Londell McMillan
‏@LondellMcMillan

Now you all can see some of the unglamorous "mess" that goes on.... And on and on !!! #KeepTheFaith

6:50 AM - 26 Oct 2016



Update #2 (thanks Babynoz):


http://www.billboard.com/...ased-music

Prince Rep Has 'No Knowledge' of Jay Z's Reported $40 Million Offer for Artist's Unreleased Music

[...]

Reached for comment, L. Londell McMillan, an advisor to the estate, told Billboard that he has “no knowledge of any discussions in that report,” and emphasized “there is no sale [of Prince’s music assets], and those responsible for the assets are not in discussions with anyone regarding a sale.” McMillan confirmed to Billboard last week that the estate is considering offers, including bids from all three major labels, to license -- not purchase -- Prince’s catalog and unreleased material.

[...]

Representatives for Jay Z and Tyka Nelson had not responded to Billboard’s request for comment at press time.


[Edited 10/26/16 22:44pm]
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Reply #1 posted 10/26/16 2:35am

antonb

Sell, Sell,Sell! Wonder if they will do a car boot sale outside Paisley Park!
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Reply #2 posted 10/26/16 2:41am

mikeyaddict

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He's a big lad that Maurice int he.
Comin str8 outta Preston...
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Reply #3 posted 10/26/16 2:49am

Lovejunky

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jays Z,s Tshirt is Cool

“LOVE IS THE MASTERPLAN”
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Reply #4 posted 10/26/16 3:08am

laurarichardso
n

Kara said:

It's TMZ, so take it with a grain of salt...


http://www.tmz.com/2016/1...buy-music/

Jay Z Bid to Buy Prince's Unreleased Music



Jay Z tried to snap up all the unreleased Prince music that was unearthed at Paisley Park after the singer's death ... TMZ has learned.

We've learned Jay met with Prince's sister, Tyka, and her husband, Maurice Phillips, several weeks ago. The mogul flew Tyka and Maurice to NYC to meet with him.

Sources close to Prince's family tell us ... Jay made an offer of around $40 million. We were unable to confirm the figure from Jay's camp.

But there was a rub. Tyka may be Prince's only full sibling, but she has to get sign-off from all the brothers and sisters, in addition to the trust that is managing the estate.

Word is that JZ is still in the running to get the overall deal for streaming rights ... but it will be very expensive and there are some major players in the game.

--- Once again someone at TMZ has their head in their ass. First the article said sell and then it said streaming rights. Which is it? Because their is a big difference.
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Reply #5 posted 10/26/16 4:56am

nextedition

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laurarichardson said:

Kara said:

It's TMZ, so take it with a grain of salt...



--- Once again someone at TMZ has their head in their ass. First the article said sell and then it said streaming rights. Which is it? Because their is a big difference.

Both, First part is about the unreleased stuff.
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Reply #6 posted 10/26/16 5:50am

Lovejunky

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REAL EYES. REALIZE. REAL LIES

“LOVE IS THE MASTERPLAN”
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Reply #7 posted 10/26/16 6:36am

Noodled24

Well I guess this explains the previous headline about the estate shopping the vault for $35 million.

People need to remember that the vault material isn't the same as the back catalog. The catalog is full of hit songs & songs that could have been hits if they'd been released as singles. It's infinitely marketable. The song "Kiss" could generate millions on it's own by licencing it to makeup brands for advertising.

The Vault is full of untested songs. Which may go on to make hundreds of millions... or may only be of interest to a few tens of thousands of fans around the world.

All I can do is speculate but I'd have to think Jay-Z's offer would be for the rights to the music rather than actually buying the vault music outright.

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Reply #8 posted 10/26/16 6:38am

ksl1974

I could think of a lot worse hands it could fall into........

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Reply #9 posted 10/26/16 6:52am

PennyPurple

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Please not JayZ. neutral

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Reply #10 posted 10/26/16 6:59am

musicfan77

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no not Jay Z. I know Prince used Tidal for his music streaming, but I am not sure how I feel about Jay Z, rearranging Prince's music.

I honestly think Warner Brothers should buy it because they knew Prince and his sound. Jay Z may put some rap spin on Prince's music. No, no

fan for life
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Reply #11 posted 10/26/16 7:00am

Missmusicluver
72

Since I heard about Prince's unreleased music being supposedly sold, for some reason, Jay Z got on my mind because of the association with Tidal.

[Edited 10/26/16 7:17am]

Love is God, God is love, girls and boys love God above.
RIP Sweet Prince
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Reply #12 posted 10/26/16 7:02am

Kara

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https://twitter.com/Londe...5627250689

L Londell McMillan
@LondellMcMillan

After the #DonaldTrump media circus, nothing I read in the media surprises me anymore. Don't believe the hype! #NoSellOut ☔️

6:47 AM - 26 Oct 2016


https://twitter.com/Londe...9848766464

L Londell McMillan
‏@LondellMcMillan

Now you all can see some of the unglamorous "mess" that goes on.... And on and on !!! #KeepTheFaith

6:50 AM - 26 Oct 2016
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Reply #13 posted 10/26/16 7:03am

Noodled24

musicfan77 said:

no not Jay Z. I know Prince used Tidal for his music streaming, but I am not sure how I feel about Jay Z, rearranging Prince's music.

I honestly think Warner Brothers should buy it because they knew Prince and his sound. Jay Z may put some rap spin on Prince's music. No, no


Prince didn't have a problem with Jay-Z. Princce did have a problem with WB. I'm surprised people would rather WB ended up owning the music Prince fought them for.

I'd guess if the estate had accepted we'd be hearing about it. More likely they're using J's $40 million offer as a way to negotiate a higher price from the big labels.

[Edited 10/26/16 7:05am]

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Reply #14 posted 10/26/16 7:13am

destinyc1

Love it.If true this is a GREAT deal.He loved jay and trusted him.And he worked with him.tHIS ON MANY LEVELS MAKES ME VERY HAPPY.

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Reply #15 posted 10/26/16 7:53am

2020

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I know prince really like Jay Z and obviously felt comfortable with him controlling his entire catalog on his crappy streaming service Tidal.

However I really don't want him to own and control all the unreleased tracks

Just no no NO
The greatest live performer of our times was is and always will be Prince.

Remember there is only one destination and that place is U
All of it. Everything. Is U.
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Reply #16 posted 10/26/16 7:56am

laurarichardso
n

nextedition said:

laurarichardson said:


--- Once again someone at TMZ has their head in their ass. First the article said sell and then it said streaming rights. Which is it? Because their is a big difference.

Both, First part is about the unreleased stuff.

--They are not going to sell anything. They are going to continue to stream on Tidal which requires licencing fees. The back catalog is already on Tidal so why not put the unreleased material on Tidal. This is the fastest means to get the music to the public and Prince seemed happy with whatever Tidal was paying.
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Reply #17 posted 10/26/16 8:05am

morningsong

Kara said:

https://twitter.com/Londe...5627250689

L Londell McMillan
@LondellMcMillan

After the #DonaldTrump media circus, nothing I read in the media surprises me anymore. Don't believe the hype! #NoSellOut ☔️

6:47 AM - 26 Oct 2016


https://twitter.com/Londe...9848766464

L Londell McMillan
‏@LondellMcMillan

Now you all can see some of the unglamorous "mess" that goes on.... And on and on !!! #KeepTheFaith

6:50 AM - 26 Oct 2016




I don't believe the hype.

NONE of it.
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Reply #18 posted 10/26/16 8:13am

terrig

Prince gave the re-issue of Purple rain to WB so he approved that - and he streamed his music on Tidal - If there are streaming rights being sold to Tidal - it makes sense. I hope they dont sell JayZ mechanical rights to do anything to the music itself.

If there is mastering arranging or finishing to be done - WB should do that as they've done great work with Princes music - the issue with Prince & WB wasnt with the quality of Princes music it was with the business side of it - I would totally trust WB to handle, market and package Princes music properly.

I'm not a fan of Tidal - JayZ has also been shopping it to sell it... so who knows where the vault would end up.

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Reply #19 posted 10/26/16 8:16am

Noodled24

1h

WE KNOW THAT RUMOR TODAY IS NOT TRUE ☔️ DON'T EVEN WASTE UR TIME . DO LIKE & IGNORE IT.

... Which is fine and thanks for the heads up... but above is quite clearly a picture of Jay-Z & Maurice. So they've obviously met.

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Reply #20 posted 10/26/16 8:22am

BombFunk

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Nooo ... God, I hope that is not true eek


dove Forever changed dove wilted

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Reply #21 posted 10/26/16 8:23am

laurarichardso
n

Noodled24 said:

1h

WE KNOW THAT RUMOR TODAY IS NOT TRUE ☔️ DON'T EVEN WASTE UR TIME . DO LIKE & IGNORE IT.







... Which is fine and thanks for the heads up... but above is quite clearly a picture of Jay-Z & Maurice. So they've obviously met.



So you remember that Prince's music is streaming on Tidal. So why would he not meet the family. The family are heirs to the estate and will have to make a decision about Tidal at some point.
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Reply #22 posted 10/26/16 8:29am

LittleBLUECorv
ette

avatar

musicfan77 said:

no not Jay Z. I know Prince used Tidal for his music streaming, but I am not sure how I feel about Jay Z, rearranging Prince's music.



I honestly think Warner Brothers should buy it because they knew Prince and his sound. Jay Z may put some rap spin on Prince's music. No, no


Why would Jay rap over 35 year old Prince records?
PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever
-----
Live Your Life How U Wanna Live It
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Reply #23 posted 10/26/16 8:49am

laurarichardso
n

LittleBLUECorvette said:

musicfan77 said:

no not Jay Z. I know Prince used Tidal for his music streaming, but I am not sure how I feel about Jay Z, rearranging Prince's music.



I honestly think Warner Brothers should buy it because they knew Prince and his sound. Jay Z may put some rap spin on Prince's music. No, no


Why would Jay rap over 35 year old Prince records?

-- He will not be doing that and some people don't know the difference between streaming fees and buying the catalog outright. 😳
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Reply #24 posted 10/26/16 9:02am

PhilG

If he gets streaming rights, cool. Just don't edit any shit out. Hopefully, whoever gets to release in Physical format will do it right (artwork, booklet explaining outtake details, etc.) I personally wouldn't have a problem if Warners would get the catalog.

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Reply #25 posted 10/26/16 9:25am

laurarichardso
n

PhilG said:

If he gets streaming rights, cool. Just don't edit any shit out. Hopefully, whoever gets to release in Physical format will do it right (artwork, booklet explaining outtake details, etc.) I personally wouldn't have a problem if Warners would get the catalog.


-- Why they had no interest in what he was doing for 20 years. Do you know how many songs or albums they did not releashed in the first place. They can do the marketing and promotion and just not own anything.
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Reply #26 posted 10/26/16 9:34am

ladygirl99

Noodled24 said:

1h

WE KNOW THAT RUMOR TODAY IS NOT TRUE ☔️ DON'T EVEN WASTE UR TIME . DO LIKE & IGNORE IT.

... Which is fine and thanks for the heads up... but above is quite clearly a picture of Jay-Z & Maurice. So they've obviously met.

That is why I won't always dismissed TMZ's gossip anything related to Prince as much as it sounds tabloid. You best believed that Harvey and Co knew what went down on April 21st too but they are sitting on it until the right time.

TMZ and Warner Bros Records are like cousins as TMZ owned by Time Warner and Warner Bros Records owned by Warner Music Group. They are part of the Warner family.

Londell knows a lot of shit but he is definately deflecting. I think there are some lot of talks and stuff going on that the fans are unaware of and tough choices are pondering and considering.

And Prince didn't have problem with Jay-Z and seems like Tyka and her husband don't either. I have issues with Jay-Z but its not place to tell the family what they should and should not do. So sometimes fan need to step back as some decisions in the future are going to be made and fans won't like it but it will be out of their control.

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Reply #27 posted 10/26/16 9:38am

leadline

I don't know, I just don't feel this would be the proper home for his music.

"You always get the dream that you deserve, from what you value the most" -Prince 2013
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Reply #28 posted 10/26/16 10:00am

AnnaSantana

ksl1974 said:

I could think of a lot worse hands it could fall into........

Agreed.

FUCK DONALD TRUMP
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Reply #29 posted 10/26/16 10:02am

AnnaSantana

Kara said:

https://twitter.com/LondellMcMillan/status/791275065627250689 L Londell McMillan @LondellMcMillan After the #DonaldTrump media circus, nothing I read in the media surprises me anymore. Don't believe the hype! #NoSellOut ☔️ 6:47 AM - 26 Oct 2016
https://twitter.com/LondellMcMillan/status/791275689848766464 L Londell McMillan ‏@LondellMcMillan Now you all can see some of the unglamorous "mess" that goes on.... And on and on !!! #KeepTheFaith 6:50 AM - 26 Oct 2016

Shut up, Londell...you're a fucking snake. rolleyes

FUCK DONALD TRUMP
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