rogifan said:

So Universal sent a letter to the Estate saying they may ask for a refund because they're not sure they have rights to all the music they thought they did. How in the world does a deal like this get signed without Universal knowing for sure if they have rights to all his music, including everything in the vault? Where was the due diligence? Someone really dropped the ball here. https://www.wsj.com/artic.../?mod=mktw

One word Londell who I think may have rushed into these deals without even seeing if some of the Vault material was Prince's or if WB has a claim on it.

I think he sold them on the material without doing any due dilegence to get a piece of the action.

Prince fired this dude and their must have been a reason.

laurarichardson said:

See http://www.marketwatch.co...2017-04-14

Refund will be coming up.

further:

'Warner, which released Prince’s first 18 albums containing most of the hits,

signed another record deal with Prince in 2014 that secured its ownership of all of those albums in perpetuity overseas,

while giving it the right to block future releases from Prince’s storied vault —the centerpiece of Universal’s deal—

if the tunes were recorded while he was under contract with Warner.'

rogifan said:

laurarichardson said:

One word Londell who I think may have rushed into these deals without even seeing if some of the Vault material was Prince's or if WB has a claim on it.

I think he sold them on the material without doing any due dilegence to get a piece of the action.

Prince fired this dude and their must have been a reason.

OK but you would think Universal lawyers would do a better job dotting the i's and crossing the t's. Also I can't see Londell being this incompetent because it would just come back to bite him. Plus Charles Koppelman was involved. He's not an idiot.

Well this week Omarr stated that due to new information about these deals the sibs wanted to make sure Bremer could be held liable for estate business. I am thinking this is the new information.

I think it is kind of cool if Prince signed a definite deal with WB it means that this is how he was going to get the vault material out and this was the final resting place for the material.

Now WB did a bad job marketing AOA and Prince4Ever but they might do better with remaster project. If the international rights her for indefinite let's hope the domestically it works the same.

This means his wishes are going to be honored will or no will.

So this vault deal is largely worthless as it is only valid for a certain (small) period of his career.

Eventually WB might get the vault for an even nicer price.

udo said:

See http://www.marketwatch.co...2017-04-14

Refund will be coming up.

further:

'Warner, which released Prince’s first 18 albums containing most of the hits,

signed another record deal with Prince in 2014 that secured its ownership of all of those albums in perpetuity overseas,

while giving it the right to block future releases from Prince’s storied vault —the centerpiece of Universal’s deal—

if the tunes were recorded while he was under contract with Warner.'

I think they mean license I do not think they mean ownership but this is good news for the Tyka and Omarr who were against the UMG deal.

udo said:

So this vault deal is largely worthless as it is only valid for a certain (small) period of his career.

Eventually WB might get the vault for an even nicer price.

Of course they will but if Prince wanted to work with them so be it. I also think the Tidal is not in danger since something in his deal with WB was allowing him to work with Tidal with all the WB stuff being on the site.

laurarichardson said:

laurarichardson said:

laurarichardson said:

rogifan said:

laurarichardson said:

Well this week Omarr stated that due to new information about these deals the sibs wanted to make sure Bremer could be held liable for estate business. I am thinking this is the new information.

I think it is kind of cool if Prince signed a definite deal with WB it means that this is how he was going to get the vault material out and this was the final resting place for the material.

Now WB did a bad job marketing AOA and Prince4Ever but they might do better with remaster project. If the international rights her for indefinite let's hope the domestically it works the same.

This means his wishes are going to be honored will or no will.

Wait, so now we like WB?

WB music is owned by a private equity group not WB the parent company wanted.

Remember Prince signed this deal and he got rid of Universal. Fans liking WB has nothing to do with anything this is Prince fixing it so the music goes were he wanted it. Remember they found some paperwork on his desk concerning the remaster project and he loudly promoting the return of his masters and the licensing deal.

[Edited 4/14/17 8:28am]

rogifan said:

laurarichardson said:

Of course they will but if Prince wanted to work with them so be it. I also think the Tidal is not in danger since something in his deal with WB was allowing him to work with Tidal with all the WB stuff being on the site.

All the Warner stuff is on Spotify and Apple Music too (and was always on iTunes).

Yes I think that was a part of his deal. I think it was Londell and company that wanted the music off Tidal probaly because they could not get a kickback. I do not see why WB will care

I wonder if the Estate used the $30 mil to pay estate taxes?

rogifan said:

laurarichardson said:

I think they mean license I do not think they mean ownership but this is good news for the Tyka and Omarr who were against the UMG deal.

I don't know how this is good news for anybody as it makes the estate look completely incompetent. But also how the hell does universal sign a deal like this not knowing what they were getting?

.

McMillan did not inform UMG properly. Perhaps he didn't even know the full contractual situation.

He was just focussed on a quick buck (10%?) for commission on this deal.

laurarichardson said:

Another reason why they should not have rushed into things ...

18 pages of Hot Mess....

The Probate Court has set up a web page "The Investigation Into the Death of Prince Rogers Nelson."

Nothing to see but for the Order re-sealing the search warrant.

Hmmmmmmm

ISaidLifeIsJustAGame said:

The Probate Court has set up a web page "The Investigation Into the Death of Prince Rogers Nelson."

Nothing to see but for the Order re-sealing the search warrant.

Hmmmmmmm

Where do you see that?

MMJas said:

ISaidLifeIsJustAGame said:

The Probate Court has set up a web page "The Investigation Into the Death of Prince Rogers Nelson."

Nothing to see but for the Order re-sealing the search warrant.

Hmmmmmmm

Where do you see that?

My work computer is blocking me from pasting.

If you go to the Estate filings, at the top you will see the link to that web page.

Maybe they are going to open the investigative file and

this is the reason why this web page was opened.

I hope they dont open the investigation.

I dont really want to know the gory details.

ISaidLifeIsJustAGame said:

That the search warrants involved with this death investigation and all accompanying documents, except this order sealing the search warrant, shall not be filed as a public document to the Carver County Court Administrator's Office until Monday, April 17, 2017, or when a criminal case relative to these matters may be instituted, whichever occurs first. This order sealing the search warrant remains a public document.

zenarose said:

ISaidLifeIsJustAGame said:

MMJas said:

Where do you see that?

My work computer is blocking me from pasting.

If you go to the Estate filings, at the top you will see the link to that web page.

Thank you.

Carver County Sheriff's Department released a statement

that they will be unsealed on Monday.

zenarose said:

morningsong said: