cloveringold85 said:

mjscarousal said:

Why not? Especially if Prince feels he can trust Jay Z and TIDAL. I think you giving TIDAL to much benefit of the doubt.

.

I agree; maybe Prince did not get the money up-front, although that would be silly, but it's quite possible that he trusted JayZ. We just don't know!

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

mjscarousal said:

cloveringold85 said:

.

I agree; maybe Prince did not get the money up-front, although that would be silly, but it's quite possible that he trusted JayZ. We just don't know!

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

Noodled24 said:

mjscarousal said:

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

Not necessesarily..... WHY are you so sure of this????

You really think Jay Z gave him $750, 000 in a brief case?????

mjscarousal said:

Noodled24 said:

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

Not necessesarily..... WHY are you so sure of this????

Because Prince commited career suicide in order to get his money.

You really think Jay Z gave him $750, 000 in a brief case?????

Wouldn't be the first time Prince demanded cash in a bag.

No it would not be. He got paid for the Mill city show cash upfront in a brief case. The organizers of the show had no money to pay other performers and Prince was one of the few to get paid.

Scotty the engineer on the Dr. Funk podcast said for an after show he got an envelope from Prince that had $6,000.00 dollars in it. What career suicide are you speaking about. Do you realize that no artist get money up front from streaming companies only the record lables not the artist?

Noodled24 said:

mjscarousal said:

Because Prince commited career suicide in order to get his money.

You really think Jay Z gave him $750, 000 in a brief case?????

Wouldn't be the first time Prince demanded cash in a bag

Noodled24 said:

mjscarousal said:

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

"The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money."

Exactly, also no one give out copyrighted material without getting their money. One of the reasons he did not want stuff on YOUTUBE was because he was not getting paid anything. Why would he turn around and give stuff to Tidal without payment? All this dude did is scream pay, me pay, and pay me.

Have you ever tried to take $10K out of a bank in cash? At 10, it gets reported to the IRS, so getting $750K in cash would raise every flag available, unless the money came from an entity, like a casino, which has tens of millions or so in cash on site. IMO I think Prince selected Jay-Z because he was an African-American entrepreneur. Yes, he wanted his money, but they could have had a handshake deal. In public, Prince more deliberately chose members of the AA community to support, with words and money, over the last years of his life. I don't think this arrangement was out of line at all.

1Sasha said:

Have you ever tried to take $10K out of a bank in cash? At 10, it gets reported to the IRS, so getting $750K in cash would raise every flag available, unless the money came from an entity, like a casino, which has tens of millions or so in cash on site. IMO I think Prince selected Jay-Z because he was an African-American entrepreneur. Yes, he wanted his money, but they could have had a handshake deal. In public, Prince more deliberately chose members of the AA community to support, with words and money, over the last years of his life. I don't think this arrangement was out of line at all.

What makes you think everybody keeps their money in banks? Or even keeps their money in the US.

Have you ever heard of Swiss banks, Cayman Islands, Real Estate transactions, people paying off the books.

Did you not read what I wrote about the Mill City Festival or David Baldwin getting paid 6k in cash from the after party?

I am not going to go into Jay Z and his past as a drug dealer. People with money do things differently then the rest of us. I also believe Prince may have had equity in Tidal so the songs could have been sent in lieu of equity in the company. Informaition that Tidal may feel is confindental. They will have to pony up something when the Federal case starts and will still don't know what happened with their claim on the 8th.

[Edited 12/13/16 10:21am]

[Edited 12/13/16 10:27am]

Laura, I know that money can be kept in various ways. Every month when I pay my taxes I have to declare that the payment is or is not coming from an outside-the-US source. There was the case a couple of years back when a search found about three million dollars cash in what I assume was a few of Prince's accounts, since he would hopefully have had better financial advice and have more cash somewhere else. I am old school - why create more problems for yourself than you need. Even this aspect is a mess.

1Sasha said:

Laura, that's a troubling part of his life for me. He would go out on tour to make money to pay the bills. He almost lost one property to foreclosure. He had problems with taxes in Minnesota and Europe. People at his level pay accountants and lawyers to handle these matters on a daily basis. I know he hated authority, and he did it his way, but, damn, sometimes you have to sign the contract or put it in writing. I wish he had listened to people. I know he thought he was shafted repeatedly but if you sign a $100 million contract (which actually wasn't for that, apparently), you need professional assistance along the way.

1Sasha said:

mjscarousal said:

cloveringold85 said:

.

I agree; maybe Prince did not get the money up-front, although that would be silly, but it's quite possible that he trusted JayZ. We just don't know!

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

.

It's possible, but risky to not have a contract/paper trail when doing business transactions. I mean, I would not buy a car or a house without proper documentation. Maybe Prince did get the cash up-front? This whole things is about as bizarre as can be, that's for sure!!

Noodled24 said:

mjscarousal said:

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

.

It's possible Prince got the cash up-front, but it's shady, imo.

.

I mean, without a contract, there is no proof of anything. I could easily say, yea, JayZ owes me 20M, but hey, I don't have a contract, so where does that leave me? Nowhere.

.

It's like pissing in the wind, LMAO!!

Bitch betta have my money. Pay me whatcha owe me, LMAO!!

mjscarousal said:

Noodled24 said:

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

Not necessesarily..... WHY are you so sure of this????

You really think Jay Z gave him $750, 000 in a brief case?????

.

MJS: Okay, I'm getting confused now. You said you believe that Prince got the money up-front, correct?

laurarichardson said:

Noodled24 said:

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

"The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money."

Exactly, also no one give out copyrighted material without getting their money. One of the reasons he did not want stuff on YOUTUBE was because he was not getting paid anything. Why would he turn around and give stuff to Tidal without payment? All this dude did is scream pay, me pay, and pay me.

.

Yes, exactly! Prince was adamant about getting paid for his work! That's why this deal with Tidal seems so bizarre -- no paper trail? Where's the accounting?

laurarichardson said:

1Sasha said:

Have you ever tried to take $10K out of a bank in cash? At 10, it gets reported to the IRS, so getting $750K in cash would raise every flag available, unless the money came from an entity, like a casino, which has tens of millions or so in cash on site. IMO I think Prince selected Jay-Z because he was an African-American entrepreneur. Yes, he wanted his money, but they could have had a handshake deal. In public, Prince more deliberately chose members of the AA community to support, with words and money, over the last years of his life. I don't think this arrangement was out of line at all.

What makes you think everybody keeps their money in banks? Or even keeps their money in the US.

Have you ever heard of Swiss banks, Cayman Islands, Real Estate transactions, people paying off the books.

Did you not read what I wrote about the Mill City Festival or David Baldwin getting paid 6k in cash from the after party?

I am not going to go into Jay Z and his past as a drug dealer. People with money do things differently then the rest of us. I also believe Prince may have had equity in Tidal so the songs could have been sent in lieu of equity in the company. Informaition that Tidal may feel is confindental. They will have to pony up something when the Federal case starts and will still don't know what happened with their claim on the 8th.

[Edited 12/13/16 10:21am]

[Edited 12/13/16 10:27am]

.

Good points, Laura. We know that Prince frequented Switzerland and the Cayman Islands. I know people who live in the states but keep their money in the Caribbean. Wealthy people *ultra rich* don't keep their money in U.S. banks!

1Sasha said:

Laura, that's a troubling part of his life for me. He would go out on tour to make money to pay the bills. He almost lost one property to foreclosure. He had problems with taxes in Minnesota and Europe. People at his level pay accountants and lawyers to handle these matters on a daily basis. I know he hated authority, and he did it his way, but, damn, sometimes you have to sign the contract or put it in writing. I wish he had listened to people. I know he thought he was shafted repeatedly but if you sign a $100 million contract (which actually wasn't for that, apparently), you need professional assistance along the way.

.

I agree. While Prince was an intelligent man, he didn't always make the best business decisions, imo.

.

Thing is, when things start getting messy and you can't manage your money properly, you have to PAY people to manage it for you, then add on legal fees, consultants, and etc., and you are out more money!

.

Personally, I never had the desire to be rich. The more money you have, the more problems it brings.

cloveringold85 said:

laurarichardson said:

cloveringold85 said:

.

It's possible, but risky to not have a contract/paper trail when doing business transactions. I mean, I would not buy a car or a house without proper documentation. Maybe Prince did get the cash up-front? This whole things is about as bizarre as can be, that's for sure!!

-The Musicolgy tour was done without a contract.

.

cloveringold85 said:

laurarichardson said:

cloveringold85 said: -The Musicolgy tour was done without a contract.

.

Theres an interview somewhere with Prince and Larry Graham, Larry says they never work with a Contract....Prince says something about preferring to work with People who Hold to their Words...

Lovejunky said:

cloveringold85 said:

.

Theres an interview somewhere with Prince and Larry Graham, Larry says they never work with a Contract....Prince says something about preferring to work with People who Hold to their Words...

.

Well, he sure didn't like contracts.

.

LOL

And look where no paperwork got him ...

cloveringold85 said:

Noodled24 said:

Yes it does. It's SO far fetched it would be the first time in over a decade Prince didn't get paid.

Prince didn't like contracts. He states this in almost every interview he's done since 1998. It's infinitely more feasible that Prince got $750,000 in a briefcase.

The fact he kept adding things to Tidal. Did live streams and premiered songs on there, suggests he got his money.

.

It's possible Prince got the cash up-front, but it's shady, imo.

Well, for the record. I'm not saying Prince actually got a bag of cash. However I think that's more likely than him not getting paid at all.

I mean, without a contract, there is no proof of anything. I could easily say, yea, JayZ owes me 20M, but hey, I don't have a contract, so where does that leave me? Nowhere.

There is proof Prince never raised any issues with Tidal when he was alive. He wasn't shy about speaking out when he felt wronged.

cloveringold85 said:

mjscarousal said:

Not necessesarily..... WHY are you so sure of this????

You really think Jay Z gave him $750, 000 in a brief case?????

.

MJS: Okay, I'm getting confused now. You said you believe that Prince got the money up-front, correct?

Nope I did not say that. I don't think Prince was ever paid.

1Sasha said:

Have you ever tried to take $10K out of a bank in cash? At 10, it gets reported to the IRS, so getting $750K in cash would raise every flag available, unless the money came from an entity, like a casino, which has tens of millions or so in cash on site. IMO I think Prince selected Jay-Z because he was an African-American entrepreneur. Yes, he wanted his money, but they could have had a handshake deal. In public, Prince more deliberately chose members of the AA community to support, with words and money, over the last years of his life. I don't think this arrangement was out of line at all.

Thank you. I think Prince trusted Jay Z and wanted to support him and was never paid as a result (not because he did not want to get paid but Jay Z was taking advantage and probably misleading Prince in their "verbal agreement"). The Prince of the 90's was obviously not the same Prince in 2016 so not sure why people are using old business examples.

Lovejunky said:

cloveringold85 said:

.

Theres an interview somewhere with Prince and Larry Graham, Larry says they never work with a Contract....Prince says something about preferring to work with People who Hold to their Words...

This is the SAME thing that happened with Prince and TIDAL and Jay Z screwed Prince over because he is a SNAKE.

cloveringold85 said:

mjscarousal said:

I personally think he trusted Jay Z. The article says that Prince confined in Jay Z and talked with him about music. If he felt he could trust Jay Z, it doesn't seem far fetch that he would not demand money up front. I am going with this scenario because the fact that TIDAL can not come up with a tangible contract suggests that this was probably the case.

.

It's possible, but risky to not have a contract/paper trail when doing business transactions. I mean, I would not buy a car or a house without proper documentation. Maybe Prince did get the cash up-front? This whole things is about as bizarre as can be, that's for sure!!

It is very bizarre! And common sense would suggest there would have been a contract but the Prince of 2016 seemed to be a mellow, kind hearted, and geneous middle age man that really wanted to help, guide and support young generation. I think its very possible there was never a contract and probably a verbal agreement and Jay Z took advantage of that.

cloveringold85 said:

Bitch betta have my money. Pay me whatcha owe me, LMAO!!

TIDAL and Joe Camel betta PAY UP!