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Thread started 08/08/17 1:45am

purplethunder3
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Prince Estate Prepares For Third Administrator

Prince Estate Prepares For Third Administrator

8/8/2017 by Hannah Karp



Prince-New-Orleans-2002-billboard-1548.jpg
Chris Graythen/Getty Images
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[Do not post article in its entirety without written permission of the source. Other wise it is copyright infringement snip - luv4u]

[Link to article edit:
http://www.billboard.com/...sue-claims
Free your mind...and your ass will follow.
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Reply #1 posted 08/08/17 3:13am

antonb

Thank god for Bootleggers! It could be years before anything is sorted.

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Reply #2 posted 08/08/17 3:35am

jjam

antonb said:

Thank god for Bootleggers! It could be years before anything is sorted.

Alas, as soon as it was apparent that there was no will located, it was clear that would be the case.

The next release will probably be something from the Piano & A Microphone shows, I imagine.

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Reply #3 posted 08/08/17 3:44am

XNY

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jjam said:



antonb said:


Thank god for Bootleggers! It could be years before anything is sorted.



Alas, as soon as it was apparent that there was no will located, it was clear that would be the case.



The next release will probably be something from the Piano & A Microphone shows, I imagine.


What makes you think that? As much as I'd like to see any hidden gems from the vault or otherwise, clearly his music catalog is in limbo at this point and nothing will come out for some time. I don't even think Warner will be able to put out deluxe versions of WB era albums until this is sorted out... sad
"Great dancers are not great because of their technique, they are great because of their passion" -- Martha Graham
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Reply #4 posted 08/08/17 4:06am

laurarichardso
n

XNY said:

jjam said:

Alas, as soon as it was apparent that there was no will located, it was clear that would be the case.

The next release will probably be something from the Piano & A Microphone shows, I imagine.

What makes you think that? As much as I'd like to see any hidden gems from the vault or otherwise, clearly his music catalog is in limbo at this point and nothing will come out for some time. I don't even think Warner will be able to put out deluxe versions of WB era albums until this is sorted out... sad

The estate is allowed to monitize while things are getting sorted out. No reason why more material cannot come out while the investigation is going on. Remember there is a contract with WB that is binding they are going to try and make money off of that contract.

I do not see how the estate can stop them without being sued.

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Reply #5 posted 08/08/17 4:13am

jjam

So more deluxe reissues with material from inferior sources. Great.

There is clearly an issue with material from Prince's own vault (NOT WB's library) being allowed to be released.

I'd say it's the expanded reissue campaign that is potentially in limbo.

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Reply #6 posted 08/08/17 4:16am

laurarichardso
n

jjam said:

So more deluxe reissues with material from inferior sources. Great.

There is clearly an issue with material from Prince's own vault (NOT WB's library) being allowed to be released.

I'd say it's the expanded reissue campaign that is potentially in limbo.

So maybe we do not need reissues maybe WB will just go dig in their vault. I know that there was an admendment to the WB contract docs which I suspect allowed WB to take things out of there vault. I could see the estate continuing to go in this direction while things get sorted.

If Tidal wins their suit they will be owed two more projects so we could see something next year from that contract.

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

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Reply #7 posted 08/08/17 5:53am

MIRvmn

yes I guess what we will get in the next few years are from WB own vault but I'm happy with that as long as something gets released smile
Thunder, all through the night
Promise to see Jesus in the morning light
Take my hand, it'll be alright
C'mon save your soul tonight
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Reply #8 posted 08/08/17 12:00pm

ISaidLifeIsJus
tAGame

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The appointment of another Special Administrator for the Estate will not hamper releases from the Estate and/or The Vault. This appointment is to investigate the Tribute Concert and the UMG deal because Comerica believes there is a conflict of interest for them to do so.

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Reply #9 posted 08/09/17 9:44am

Mumio

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ISaidLifeIsJustAGame said:

The appointment of another Special Administrator for the Estate will not hamper releases from the Estate and/or The Vault. This appointment is to investigate the Tribute Concert and the UMG deal because Comerica believes there is a conflict of interest for them to do so.


Clarification of legal matters from a professional is always welcome when it comes to P's estate. Thank you for being so good about coming here and telling us what's going on in simpler terms hug

Welcome to "the org", Mumio… they can have you, but I'll have your love in the end.
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Reply #10 posted 08/09/17 10:05am

2004Fan

Mumio said:

ISaidLifeIsJustAGame said:

The appointment of another Special Administrator for the Estate will not hamper releases from the Estate and/or The Vault. This appointment is to investigate the Tribute Concert and the UMG deal because Comerica believes there is a conflict of interest for them to do so.


Clarification of legal matters from a professional is always welcome when it comes to P's estate. Thank you for being so good about coming here and telling us what's going on in simpler terms hug

yeahthat

I am here! Where R U?! Gotta broken heart again...
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Reply #11 posted 08/09/17 12:38pm

nelcp777

I am glad to see Comerica is trying to do the right thing with due diligence and professionalism. Hope they can resolve a lot of issues from Bremer, Koppleman and McMillian.

I am afraid damage has already been done and the Estate will have a hard time trying to make future deals.

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Reply #12 posted 08/09/17 7:30pm

Lovejunky

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Mumio said:

ISaidLifeIsJustAGame said:

The appointment of another Special Administrator for the Estate will not hamper releases from the Estate and/or The Vault. This appointment is to investigate the Tribute Concert and the UMG deal because Comerica believes there is a conflict of interest for them to do so.


Clarification of legal matters from a professional is always welcome when it comes to P's estate. Thank you for being so good about coming here and telling us what's going on in simpler terms hug

co-sign

“LOVE IS THE MASTERPLAN”
http://prince.org/msg/15/445991
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Reply #13 posted 08/10/17 4:56am

rogifan

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Is there a reason this needs to be a separate sticky from the estate thread? 🤔
Paisley Park is in your heart
#PrinceForever 💜
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