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Article that claims NPG catalogue will be sold https://www.ft.com/content/b0244118-ed9c-11e6-930f-061b01e23655
Article claims NPG catalog will be sold to the highest bidder. I am not sure if this is accurate as all of the siblings would have to agree and I do not think Tyka and Omar want to sell. But we will see
Prince’s music catalogue set for digital showcaseReturn of albums to streaming sites to coincide with Grammy Awards on Sunday Read next
Prince performing at Super Bowl XLI between the Indianapolis Colts and the Chicago Bears in Miami Gardens, Florida in 2007 © Getty
7 hours ago
by: Anna Nicolaou in New York Prince’s estate is gearing up to unleash his music catalogue to Spotify and other digital music platforms this weekend, bringing one of music’s highest-profile holdouts back to streaming services at a time when they are helping the industry reverse its long sales slide. Sample the FT’s top stories for a week
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Invalid email By signing up you confirm that you have read and agree to the terms and conditions, cookie policy and privacy policy. Music companies and Spotify are planning a splashy marketing campaign to debut the return of hit albums such as “Purple Rain” to streaming sites, almost two years after the late musician pulled his music from most online services. Prince’s songs are set to return to Spotify, Apple Music, Amazon, Deezer and other sites around the time of the Grammy Awards on Sunday, which is expected to pay tribute to the late musician, according to people familiar with the plans. Warner Music holds the licensing rights to the majority of Prince’s hit songs recorded before 1996, through a deal the singer-songwriter struck with its Warner Bros label in 2014. The rest of his music, including his albums after 1996 and unreleased songs, are being auctioned off by Prince’s estate, with offers in the range of $40m to $50m, said one person familiar with the matter. The three major labels, Vivendi-owned Universal Music, Sony Music and Warner are vying for the coveted catalogue. “It’s a very hot auction,” one executive said. Copies of the British newspaper The Mail on Sunday are seen on 15 July 2007 with the album Planet Earth by Prince © AFPCharles Koppelman, an administrator of Prince’s estate, declined to comment. Spotify also declined to comment, although the company has put up purple billboards in New York subway stations, prompting speculation of Prince’s return. Prince, one of the most successful pop stars of his generation, had clashed for decades with record labels, and later digital music companies, as he sought to fiercely protect his work. In 2015 he pulled his music from Spotify and other streaming sites except for Tidal, the company led by Jay Z. “Spotify wasn’t paying, so you gotta to shut it down,” he said at the time. Other big stars have also hit out at sites such as Spotify and YouTube, which offer music for free — notably Taylor Swift, who pulled all her songs from Spotify in 2014. Her work has still not returned to the service. A picture taken on July 22, 2010 in Paris shows issues of French weekly newspaper Courrier International distributed with Prince's album 20Ten for free © AFPHowever, the record labels and some artists have warmed to streaming as more people sign up for access to 30m songs on services like Spotify and Apple Music. Sales from digital streaming grew more than 50 per cent last year, powering revenue growth at the big music companies, which receive royalty payments each time their songs are streamed. Some analysts say the growth in streaming will drive a turnround for the industry after more than a decade of falling album sales. Prince’s contract with Warner Bros expired in 1996, after which he released several albums using his own label and experimented with selling music directly to fans through his website. In 2014, he re-signed with Warner and regained ownership of his catalogue, leaving the music label in prime position to benefit from his music becoming more available online. Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web. ------- 6 sibs split 50 million. They would be lucking to walk away 5 million a piece. [Edited 2/8/17 11:24am] [Edited 2/8/17 11:25am] [Edited 2/8/17 11:31am] | |
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Prince would be horrified if he was still alive! But sadly, hes not. |
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antonb said: Prince would be horrified if he was still alive! But sadly, hes not. --- Well let us hope the two sibs fight this although they could face this same situation once they declared heir and if he had a will and left it too them they would have been free to sell it all. a | |
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If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked. |
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renfield said: If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked. From the fan point of view, all of it going to WB would be the best thing. It staying with he estate, while closer to what he wanted would probably be a disaster... | |
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Prince's family posted this on Twitter today: "We have and always will take the position that selling Prince's creations is not an option Period 💜#PRNFamily" | |
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SomeSoldier said: renfield said: If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked. From the fan point of view, all of it going to WB would be the best thing. It staying with he estate, while closer to what he wanted would probably be a disaster... No, the family just needs to use the Llc already in place. Hire a attorney, accountant and a business manager. The Hendix family has done this and so have The Marley family does this as well. A large corporation will not care about the vault material and we will get to see "Creme" used in a Preparation H commercial. I am sure half the family is saying this is bull. None of us should be surprised that the industry wants exploit Prince's catalog when no one cared when he was alive. [Edited 2/9/17 3:51am] | |
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Family is denying this... Paisley Park is in your heart
#PrinceForever 💜 | |
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maybe if the auction winner provides enough money they WILL sell | |
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Stupid to sell.
New article is saying licensing deal which makes more sense. http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/ | |
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What's the difference between streaming and downloading. I still use cds ! | |
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laurarichardson said:
Stupid to sell.
New article is saying licensing deal which makes more sense. http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/ Hmm...  Paisley Park is in your heart
#PrinceForever 💜 | |
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Not dead, not in prison, still funkin'... |
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jezus christ the way this forum is being moderated it's a wonder and true love lives on lollipops and crisps | |
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IstenSzek said: jezus christ the way this forum is being moderated it's a wonder There was another perfectly valid thread going that got locked for who knows what reasons... At least mod, could you change the title of this one, as it is no longer speculation, it is a confirmed deal! | |
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SomeSoldier said: IstenSzek said: jezus christ the way this forum is being moderated it's a wonder There was another perfectly valid thread going that got locked for who knows what reasons... At least mod, could you change the title of this one, as it is no longer speculation, it is a confirmed deal! And it wasn't sold so it's a very misleading headline! Paisley Park is in your heart
#PrinceForever 💜 | |
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and true love lives on lollipops and crisps | |
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sold or given a licence to distribute? "Keep on shilling for Big Pharm!" |
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OnlyNDaUsa said: sold or given a licence to distribute? -/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️ | |
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laurarichardson said: OnlyNDaUsa said: sold or given a licence to distribute? -/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️ Why is the media pressed to see the family lose control of the catalog? | |
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paisleypearl said: laurarichardson said: -/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️ Why is the media pressed to see the family lose control of the catalog? --Well it is a licencing so the family is not going to lose control but people need to think about how corporations are pressed to suck up intellectual property. I could see Universal down the road trying to buy the masters so I hope the gets the family has sharpe lawyers because blacks are always pushed to sell. The first thing the estate managers did was sell off the real estate. [Edited 2/9/17 18:09pm] | |
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rogifan said:[quote] laurarichardson said:
Stupid to sell.
New article is saying licensing deal which makes more sense. http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/ Hmm... [/quote | |
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http://www.universalmusic.com/the-estate-of-prince-rogers-nelson-selects-universal-music-group-to-manage-iconic-artists-recordings/ [Edited 2/9/17 19:35pm] |
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http://www.universalmusic.com/the-estate-of-prince-rogers-nelson-selects-universal-music-group-to-manage-iconic-artists-recordings/ |
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I thought yall said Lon-Dell was the enemy? | |
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Kudos to anyone who thinks they can see any kind of agreement on the org. I guess it explains your username. | |
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This is bad: Universal wouldn't know the difference between selling a music album and selling a washing machine A COMPREHENSIVE PRINCE DISCOGRAPHY (work in progress ^^): https://sites.google.com/...scography/ |
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So a mod locks the other thread, and directs us to this thread with a completely misleading subject line (and misguided comments). SMH. "I would say that Prince's top thirty percent is great. Of that thirty percent, I'll bet the public has heard twenty percent of it." - Susan Rogers, "Hunting for Prince's Vault", BBC, 2015 | |
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