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Thread started 07/13/17 4:19pm

Bodhitheblackd
og

Universal's Prince deal nullified by court

http://variety.com/2017/music/news/universals-move-to-nullify-31-million-prince-deal-approved-by-judge-1202495369/

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Reply #1 posted 07/13/17 4:21pm

laytonian

Welcome to "the org", laytonian… come bathe with me.
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Reply #2 posted 07/13/17 4:50pm

Bodhitheblackd
og

Thanks, my bad sad

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Reply #3 posted 07/13/17 5:06pm

DD55

http://www.mncourts.gov/mncourtsgov/media/CIOMediaLibrary/Documents/order_7.pdf

Not sure how to link, this is the url of the doucment.

[Edited 7/13/17 17:06pm]

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Reply #4 posted 07/13/17 5:08pm

PennyPurple

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I'm glad Universal was able to get out of it. I can't stand crooked lawyers.

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Reply #5 posted 07/13/17 5:10pm

PennyPurple

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DD55 said:

http://www.mncourts.gov/mncourtsgov/media/CIOMediaLibrary/Documents/order_7.pdf

Not sure how to link, this is the url of the doucment.

[Edited 7/13/17 17:06pm]

http://www.mncourts.gov/m...rder_7.pdf

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Reply #6 posted 07/13/17 6:48pm

Dauphin

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Anybody can clarify? It seems WB has rights relating to distribution of "Records", which may arguably include more than pressing an album, magnetizing a tape, or burning a CD. Universal was looking to distribute, digitally, music already spoken for in the WB agreement.

Am I off in this?
[Edited 7/13/17 18:48pm]
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-

Still it's nice to know, when our bodies wear out, we can get another

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
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Reply #7 posted 07/13/17 7:54pm

laytonian

DD55 said:

http://www.mncourts.gov/mncourtsgov/media/CIOMediaLibrary/Documents/order_7.pdf

Not sure how to link, this is the url of the doucment.

[Edited 7/13/17 17:06pm]

(deleted bad attempt to demonstrate how to do it LOL)

http://www.mncourts.gov/mncourtsgov/media/CIOMediaLibrary/Documents/order_7.pdf

[Edited 7/13/17 19:57pm]

Welcome to "the org", laytonian… come bathe with me.
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Reply #8 posted 07/14/17 4:30am

darkroman

That's incredible!

It's crazy that whenever Londell McMillan pops up it always ends up with trouble.

I hope he returns his fee!


neutral

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Reply #9 posted 07/14/17 4:52am

jdcxc

PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.



I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.
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Reply #10 posted 07/14/17 5:35am

darkroman

jdcxc said:

PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.

I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.



Yes for sure! But why on earth would they assume they would own WB copyrights!

confused

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Reply #11 posted 07/14/17 6:06am

muleFunk

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jdcxc said:

PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.

I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.

I can't understand this either.

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Reply #12 posted 07/14/17 6:14am

purplerabbitho
le

Maybe, this is just an unprecedented situation. Are there any precedents for the way Prince ran business and the way he horded away music?

I am more sad right now that there is so little faith in his post 95 released and limited release recordings than the vault recordings (which are probably a mixed bag but which are so hyped that eventually for better or for worse probably will come out.) . I know his later released work is definitely a mixed bag also, but a mixed bag still has gems in it. And all this hard work Prince put forth shouldn't be just ignored. I imagine a lot of people with little knowledge of Prince might just think he was wasting away in PP in pain and opoid-induced stupor for that last 10 years (since the much hyped super bowl) releasing no music and doing no concerts.

muleFunk said:

jdcxc said:

PennyPurple said: I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.

I can't understand this either.

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Reply #13 posted 07/14/17 6:47am

leadline

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Money always brings out ones true colors.

"You always get the dream that you deserve, from what you value the most" -Prince 2013
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Reply #14 posted 07/14/17 7:03am

darkroman

leadline said:

Money always brings out ones true colors.



Absolutely! The lawyers just wanted to rush this through to make their fee.


smile

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Reply #15 posted 07/14/17 7:12am

PennyPurple

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jdcxc said:

PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.

I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.

I think they were lied to, by a certain lawyer, who is now being questioned for unethical practices.

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Reply #16 posted 07/14/17 9:24am

ISaidLifeIsJus
tAGame

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jdcxc said:

PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.

I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.

Because WB would not permit UMG to review P's 2014 WB agreement due to the confidentiality clause.

Londell assured UMG that they would be permitted to do certain things under their contract with the Estate. Based on his assurances UMG went forward.

WB stepped in after the contract was in place and threatened to file a lawsuit against the Estate and UMG.

Then UMG threatened to file a lawsuit against the Estate for fraudulent misrepresentation.

It was a clusterfuck. <-- old legal term. lol

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Reply #17 posted 07/14/17 9:46am

2freaky4church
1

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Londell?

All you others say Hell Yea!! woot!
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Reply #18 posted 07/14/17 10:04am

laurarichardso
n

purplerabbithole said:

Maybe, this is just an unprecedented situation. Are there any precedents for the way Prince ran business and the way he horded away music?



I am more sad right now that there is so little faith in his post 95 released and limited release recordings than the vault recordings (which are probably a mixed bag but which are so hyped that eventually for better or for worse probably will come out.) . I know his later released work is definitely a mixed bag also, but a mixed bag still has gems in it. And all this hard work Prince put forth shouldn't be just ignored. I imagine a lot of people with little knowledge of Prince might just think he was wasting away in PP in pain and opoid-induced stupor for that last 10 years (since the much hyped super bowl) releasing no music and doing no concerts.







muleFunk said:




jdcxc said:


PennyPurple said: I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.



I can't understand this either.




There is a hoard of live shows on YouTube from the last ten years so he was not in a pain pill stupor. I do not understand why the estate which owns all post 1995 material does not out it out even if it is via a streaming no license just go out to people with funds going directly to the estate.
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Reply #19 posted 07/14/17 10:08am

laurarichardso
n

darkroman said:



jdcxc said:


PennyPurple said:

I'm glad Universal was able to get out of it. I can't stand crooked lawyers.



I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.



Yes for sure! But why on earth would they assume they would own WB copyrights!

confused


Not copyrights so much but the fact the deal the Prince signed with WB was widely hyped in the media as a licensing deal. Why would UMG think it would not have been for a longer period of time than 2018? I suspect that someone at UMG was in on this fiasco with LM.
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Reply #20 posted 07/14/17 10:24am

purplerabbitho
le

If you are a gung-ho fan and know where to look,many live performances can be found on youtube (even though they are taken down quite often). But if you just type in prince and last 24 hours, you don't necessarily get Prince Rogers nelson's videos, concert footage, etc. If you just type in Prince (and no other descriptions), then you get the most overplayed prince music or not PRN at all. (Another disadvantage of being a Prince fan, is that his name is also a title afforded to people like Prince William, CHarles and Harry and because there are people like Prince Royce out there.

PRN's official page now has a few more videos on it today (IWTBYL, Dirty Mind, Uptown, WDYWTMSB??) but I guarantee that the videos will only be WB era videos and clips once they start coming in more and more.

The ideal situation would be an official prince page on youtube with hundreds of videos, pro-shot concert footage (that stays up and isn't originally shot from someone's cell phone) and tv performances. None of this is happening.

I have obviously found quite a bit, but some clips (like him doing black muse live on the P and M tour or his live version of "The Whole of the Moon") are gone and were up for a limited amount of time.

laurarichardson said:

purplerabbithole said:

Maybe, this is just an unprecedented situation. Are there any precedents for the way Prince ran business and the way he horded away music?

I am more sad right now that there is so little faith in his post 95 released and limited release recordings than the vault recordings (which are probably a mixed bag but which are so hyped that eventually for better or for worse probably will come out.) . I know his later released work is definitely a mixed bag also, but a mixed bag still has gems in it. And all this hard work Prince put forth shouldn't be just ignored. I imagine a lot of people with little knowledge of Prince might just think he was wasting away in PP in pain and opoid-induced stupor for that last 10 years (since the much hyped super bowl) releasing no music and doing no concerts.

There is a hoard of live shows on YouTube from the last ten years so he was not in a pain pill stupor. I do not understand why the estate which owns all post 1995 material does not out it out even if it is via a streaming no license just go out to people with funds going directly to the estate.

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Reply #21 posted 07/14/17 10:35am

djThunderfunk

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purplerabbithole said:

I am more sad right now that there is so little faith in his post 95 released and limited release recordings than the vault recordings (which are probably a mixed bag but which are so hyped that eventually for better or for worse probably will come out.) . I know his later released work is definitely a mixed bag also, but a mixed bag still has gems in it. And all this hard work Prince put forth shouldn't be just ignored.


This. Done correctly lots of $ could be made off hardcore fans with this stuff and it could be released on a regular schedule without conflicting with the massmarket releases of the classic stuff.

Liberty > Authority
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Reply #22 posted 07/14/17 12:03pm

precioux

ISaidLifeIsJustAGame said:

jdcxc said:

PennyPurple said: I still don't understand how Universal's own lawyers didn't vet this multi million dollar deal prior to signing.

Because WB would not permit UMG to review P's 2014 WB agreement due to the confidentiality clause.

Londell assured UMG that they would be permitted to do certain things under their contract with the Estate. Based on his assurances UMG went forward.

WB stepped in after the contract was in place and threatened to file a lawsuit against the Estate and UMG.

Then UMG threatened to file a lawsuit against the Estate for fraudulent misrepresentation.

It was a clusterfuck. <-- old legal term. lol

Let me get this straight...WB would not allow viewing due to confidentiality clause, yet turns around and threathens suit. I've said from the beginning this was a classic bait and swtitch on WB's part to not only demean the Estate, but also to make sure that the estate wound up looking like fools, therefore no other "legitimate" company would fool with/want to complete a contract/transaction with the estate.
Don't get me wrong-I can not stand L.Londell and he makes me sick. The siblings continuing to engage in his theatrics make me sick (I will NOT be asking Sharon any "questions" rolleyes )....so, explain to me how any of this went forward in the first place if due dillidence was not an option? I know L. Londell lied through the skin of his teeth to make that commision, but legally-how could this go down if due diligence could not be completed-just lie your way though everything and get you and the estate sued if you're (obviously) that ignorant?

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Reply #23 posted 07/14/17 12:10pm

cloveringold85

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precioux said:

ISaidLifeIsJustAGame said:

Because WB would not permit UMG to review P's 2014 WB agreement due to the confidentiality clause.

Londell assured UMG that they would be permitted to do certain things under their contract with the Estate. Based on his assurances UMG went forward.

WB stepped in after the contract was in place and threatened to file a lawsuit against the Estate and UMG.

Then UMG threatened to file a lawsuit against the Estate for fraudulent misrepresentation.

It was a clusterfuck. <-- old legal term. lol

Let me get this straight...WB would not allow viewing due to confidentiality clause, yet turns around and threathens suit. I've said from the beginning this was a classic bait and swtitch on WB's part to not only demean the Estate, but also to make sure that the estate wound up looking like fools, therefore no other "legitimate" company would fool with/want to complete a contract/transaction with the estate.
Don't get me wrong-I can not stand L.Londell and he makes me sick. The siblings continuing to engage in his theatrics make me sick (I will NOT be asking Sharon any "questions" rolleyes )....so, explain to me how any of this went forward in the first place if due dillidence was not an option? I know L. Londell lied through the skin of his teeth to make that commision, but legally-how could this go down if due diligence could not be completed-just lie your way though everything and get you and the estate sued if you're (obviously) that ignorant?

.

I agree. It appears that they set all this up, knowing it was done haphazardly and would fail. disbelief

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
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Reply #24 posted 07/14/17 12:38pm

laurarichardso
n

precioux said:

ISaidLifeIsJustAGame said:

Because WB would not permit UMG to review P's 2014 WB agreement due to the confidentiality clause.

Londell assured UMG that they would be permitted to do certain things under their contract with the Estate. Based on his assurances UMG went forward.

WB stepped in after the contract was in place and threatened to file a lawsuit against the Estate and UMG.

Then UMG threatened to file a lawsuit against the Estate for fraudulent misrepresentation.

It was a clusterfuck. <-- old legal term. lol

Let me get this straight...WB would not allow viewing due to confidentiality clause, yet turns around and threathens suit. I've said from the beginning this was a classic bait and swtitch on WB's part to not only demean the Estate, but also to make sure that the estate wound up looking like fools, therefore no other "legitimate" company would fool with/want to complete a contract/transaction with the estate.
Don't get me wrong-I can not stand L.Londell and he makes me sick. The siblings continuing to engage in his theatrics make me sick (I will NOT be asking Sharon any "questions" rolleyes )....so, explain to me how any of this went forward in the first place if due dillidence was not an option? I know L. Londell lied through the skin of his teeth to make that commision, but legally-how could this go down if due diligence could not be completed-just lie your way though everything and get you and the estate sued if you're (obviously) that ignorant?

No company is going to show a competitor a contract. I do not put the blame on WB for anything. The blame is on Londell who was trying to get a fresh deal to put money in his pocket. The deal with WB already exsisted and I will bet he never even tried to work with them to admend the WB agreement. He wanted to get paid and he is so greedy and delusional that he believed he could due it by just leaving out the details and then try and force UMG to go throught with it.

Now watch him say he completed his contract with the estate by getting the deal and walk with a comminsion for slip shod work. The only good thing is only SNJ will be crazy enought to keep working with him which is probaly what he wanted all along. To get his hooks into this estate and stay put for the rest of his days.

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Reply #25 posted 07/14/17 1:51pm

precioux

laurarichardson said:

precioux said:

Let me get this straight...WB would not allow viewing due to confidentiality clause, yet turns around and threathens suit. I've said from the beginning this was a classic bait and swtitch on WB's part to not only demean the Estate, but also to make sure that the estate wound up looking like fools, therefore no other "legitimate" company would fool with/want to complete a contract/transaction with the estate.
Don't get me wrong-I can not stand L.Londell and he makes me sick. The siblings continuing to engage in his theatrics make me sick (I will NOT be asking Sharon any "questions" rolleyes )....so, explain to me how any of this went forward in the first place if due dillidence was not an option? I know L. Londell lied through the skin of his teeth to make that commision, but legally-how could this go down if due diligence could not be completed-just lie your way though everything and get you and the estate sued if you're (obviously) that ignorant?

No company is going to show a competitor a contract. I do not put the blame on WB for anything. The blame is on Londell who was trying to get a fresh deal to put money in his pocket. The deal with WB already exsisted and I will bet he never even tried to work with them to admend the WB agreement. He wanted to get paid and he is so greedy and delusional that he believed he could due it by just leaving out the details and then try and force UMG to go throught with it.

Now watch him say he completed his contract with the estate by getting the deal and walk with a comminsion for slip shod work. The only good thing is only SNJ will be crazy enought to keep working with him which is probaly what he wanted all along. To get his hooks into this estate and stay put for the rest of his days.

Corret! I never "blamed" WB- I blame the idiot LLM- I was questioing (ISLIJAG) on the legalities.

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Reply #26 posted 07/14/17 2:00pm

paisleypark4

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Watch Warner throw in for the bid on the whole thing.

Straight Jacket Funk Affair
Album plays and love for vinyl records.
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Reply #27 posted 07/15/17 12:21pm

luvsexy4all

i cant believe no one thinks his post 95 music will sell???

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Reply #28 posted 07/15/17 9:51pm

djThunderfunk

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luvsexy4all said:

i cant believe no one thinks his post 95 music will sell???


Of course it will, but most of it, in much lower numbers. That said, there are enough hard-core fans that will buy it to make it worth putting out there, just with smaller print runs.


Liberty > Authority
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Reply #29 posted 07/16/17 12:39am

alandail

Does this make us closer or further away from getting more previously unlreased music?

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