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Reply #150 posted 11/15/17 6:00am

laurarichardso
n

IstenSzek said:

PennyPurple said:

This is interesting.


Cassioppi, Joseph
From: L Londell McMillan Sent:Friday, September22,2017 1:19PM To:

Bruce, CC: A ndrea Aycock, Angela W; Troy Carter; sharon nelson; Charles F. Spicer Jr.; Cassioppi,J oseph; Nathaniel, Dahl; Randall Sayers;C hrystal Matthews; Henry Sherwin; Alan 1. Silver;R obin Ann Williams Subject: Re: With Prince Heirs
Andrea,
I wish things were better with Sharon, Norrine and John (SNJ) and Comerica but your false allegations continue to evidence your self-serving narrative and mis-reading of the situation. Your communications have not added transparency or clarity but just the opposite and this has been communicated to you and Comerica. You have not agreed to have all the Heirs representatives attend meetings together. We do not wish to create different meetings with Heirs and their advisors, as that will likely cause further division. SNJ raised their concerns with you and Sharon even filed legal documents in opposition to your behavior early on so please do not seek to cast blame elsewhere.
You and Angela simply will not accept responsibility for your improper conduct. The record will show that SNJ, Charles Spicer and I have all tried to be professional, courteous and work with you and Comerica but you all are disrespectful and matters have not improved, they have become worst. You cannot blame everyone else for your issues. Understand, your issues and problems with SNJ corne directly from you, your colleagues and advisors at Comerica not me. I have been minimally involved in your communications with SNJd ue to your unwillingness to communicate with me much early on. Further, I did not advise anyone to stop taking meetings with Comerica but these meetings have reportedly been unproductive, usually not attended by allt he Heirs, and unhelpful to administering the best interests of the Prince Estate for numerous reasons.
For clarity, since you referenced the Minutes, I have been advised and my clients have advised yout hat the Minutes you prepare under Comerica's name are incomplete, misleading and not accurate. Again, this is coming from them not me but you can continue to blame me for stating what they may not wish toc onfront you. This is why you must cease dealing with business matters without my involvement, as the business advisors of SNJ.
Let's agree that I will have my legal counsel speak with your counsel if you do not speak directly with my clients without my permission since I have an agreement ast heir business manager and advisor. Is that satisfactory?
If not, we should seek some way to reach an amicable agreement to do what's int he best interest of the Prince Estate and that isn ot doing things the way they have been going because things are pretty bad right now ....
Londell
L. Londell McMillan The NorthStar Group
10-PR-16-46 Filed in First Judicial District Court 11/10/2017 10:19 PM Carver County, MN
Chairman 240 W. 35th, Suite 405 New York,N Y 10001
T: (646) 559-8314 F: (646) 559-8318 E: llm@thenorthstargroup.biz
On Fri, Sep 22, 2017 at 1 :36 PM, Bruce, Andrea <abruce@comerica.com> wrote:
Dear Londell,
1.
2. The Estate is committed to maximizing value to allo ft he heirs and with this in mind is workingt oward
Sop lease do not misstate that the Estate has taken action or discussed matters without due consideration and knowledge oft he facts.
3. Inquiry regarding was made during an heirs' meeting and via email. Referencet o the inquiry is included on the Minutes oft he meeting. I assume since you are Sharon, Norrine and John's business advisor, they are forwarding you the Minutes and you are reviewing. Weh ave repeatedly stated that we are happy to debrief the heirs' meetings with you and your clients. I sincerelyh ope that you are not now suggesting that you should dictate what Comerica can discuss at the heirs' meetings simply because your clients choose to attend. Moreover, regardless the business relationship youm ay have with your clients (weu nderstand you still maintain you are not acting as their attorney), it does not preclude us from communicating with them or keeping them duly informed oft he Estate's affairs. Comerica remains committed to communicating and maintaining as much transparency with the heirs as they are willing to accept.
4. When Comerica accepted appointment as Personal Representative, we committed to the Heirs that we would hold regular meetings to keep them informed and actively engaged in the administration oft he Estate. We intend toh onor that commitment. Personally, Sharon, Norrine and Johnny are ad elight. It would be a shame for you to continue to encourage them not to attend the heirs' meetings. Theya ll show a good grasp oft he matters discussed, raise pertinent issues and ask good questions. I can see no valid reason whyy ou would not encourage them to attend and participate in the me~tings,o ther than in
an improper attempt to control what information they receive. That ist oo bad-- since Comericai s entrusted with the authority to make decisions onb ehalf oft he Estate, it doesn't make sense that you would try to impede your clients' access to the Personal Representative. Tob e clear, and consistent with its obligation as af iduciary under Minnesota law, Comerica willc ontinue to provide information about the Estate, its assets, and its administration directly to all oft he Heirs. Wed on't knoww hyt hat would be ofc oncern to you, but to the extent that it is,y ou are ofc ourse free to raise anyc oncern with the Court.
Based on the tone and tenor ofy our most recent communication, coupled with the unwarranted, unprofessional and false personal attacks on Angela's and my characters and "temperment", pleased irect all communications going forward to our legal counsel.


lol *slap*

LM and SNJ are really making statements that are libelous and he needs to be careful. This is a hugh bank they can sue him out of exsistence.

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Reply #151 posted 11/15/17 8:53am

paisleypark4

avatar

IstenSzek said:

ISaidLifeIsJustAGame said:

There are two Affidavits recently filed by Iron Mountain regarding the condition of the Vault and how they operate.

http://www.mncourts.gov/m...-10-17.pdf



http://www.mncourts.gov/m...-10-17.pdf



that confirms, for me at least, that the content of the paisley park vault is now at
the best possible location, in the iron mountain facility.


Answered my questions too smile

Straight Jacket Funk Affair
Album plays and love for vinyl records.
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Reply #152 posted 11/15/17 9:45am

sonshine

avatar

ISaidLifeIsJustAGame said:

There are two Affidavits recently filed by Iron Mountain regarding the condition of the Vault and how they operate.

http://www.mncourts.gov/m...-10-17.pdf



http://www.mncourts.gov/m...-10-17.pdf



It would seem obvious Prince did not really care about the preservation of his work due to:
1. The state of storage conditions at PP. (I live in MN and suspected such was the case. MN has a damp environment especially in the basement areas of structures. I have to run a dehumidifier year 'round in my home's lower level to avoid mold and mildew formation.)
2. He said numerous times he does not live in the past. He moves on. When he's done with something he's done and doesn't look back.
So i wonder why he saved everything in the first place?
It's a hurtful place, the world, in and of itself. We don't need to add to it. We all need one another. ~ PRN
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Reply #153 posted 11/15/17 9:49am

MMJas

avatar

sonshine said:

ISaidLifeIsJustAGame said:

There are two Affidavits recently filed by Iron Mountain regarding the condition of the Vault and how they operate.

http://www.mncourts.gov/m...-10-17.pdf



http://www.mncourts.gov/m...-10-17.pdf

It would seem obvious Prince did not really care about the preservation of his work due to: 1. The state of storage conditions at PP. (I live in MN and suspected such was the case. MN has a damp environment especially in the basement areas of structures. I have to run a dehumidifier year 'round in my home's lower level to avoid mold and mildew formation.) 2. He said numerous times he does not live in the past. He moves on. When he's done with something he's done and doesn't look back. So i wonder why he saved everything in the first place?

Or he was bluffing all along and there was nothing important in the vault, in his opinion.

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Reply #154 posted 11/15/17 10:25am

laurarichardso
n

sonshine said:

ISaidLifeIsJustAGame said:

There are two Affidavits recently filed by Iron Mountain regarding the condition of the Vault and how they operate.

http://www.mncourts.gov/m...-10-17.pdf



http://www.mncourts.gov/m...-10-17.pdf

It would seem obvious Prince did not really care about the preservation of his work due to: 1. The state of storage conditions at PP. (I live in MN and suspected such was the case. MN has a damp environment especially in the basement areas of structures. I have to run a dehumidifier year 'round in my home's lower level to avoid mold and mildew formation.) 2. He said numerous times he does not live in the past. He moves on. When he's done with something he's done and doesn't look back. So i wonder why he saved everything in the first place?

There were 20,000.00 items taken away. Do you think they all were damaged? He kept stuff for his museum which he talked about 20 years ago and while not all of the tapes are going to be salvagable I bet many are fine and we the public are going to have vast selection of stuff to look at and listen to.

Nelson's for generations will have income.

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Reply #155 posted 11/15/17 11:55am

IstenSzek

avatar

sonshine said:

ISaidLifeIsJustAGame said:

There are two Affidavits recently filed by Iron Mountain regarding the condition of the Vault and how they operate.

http://www.mncourts.gov/m...-10-17.pdf



http://www.mncourts.gov/m...-10-17.pdf

It would seem obvious Prince did not really care about the preservation of his work due to: 1. The state of storage conditions at PP. (I live in MN and suspected such was the case. MN has a damp environment especially in the basement areas of structures. I have to run a dehumidifier year 'round in my home's lower level to avoid mold and mildew formation.) 2. He said numerous times he does not live in the past. He moves on. When he's done with something he's done and doesn't look back. So i wonder why he saved everything in the first place?



i've been thinking about this for a while and perhaps it's like this: we know that in later years
prince recorded and filed away entire albums. like morris said, between 2010 and 2014 he'd
recorded like 10 albums or something?

but how long had he been doing that? perhaps since the mid/late 80s?

if he'd just stored/filed away the completed albums, perhaps he didn't care that much for the
other stuff in the vault anymore? like 'i've compiled the best stuff on albums etc and i don't
really care to organise and curate everything else'.

could that be a reason for his seeming lack of interest?


and true love lives on lollipops and crisps
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Reply #156 posted 11/15/17 11:56am

rogifan

Do we know how much of the stuff is damaged?
Paisley Park is in your heart
#PrinceForever 💜
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Reply #157 posted 11/15/17 12:25pm

laurarichardso
n

rogifan said:

Do we know how much of the stuff is damaged?

If it was 20,000.00 items I am sure they would not have wasted time and money carted out 20 thousand damages tapes and films.

It seems from the court docs that some items were not even in the Vault perhaps because it was full or maybe Prince was looking at the stuff himself. Some stuff was in other rooms and storage areas.

We do know that many people already said some stuff was damaged but that the vault was climate controlled at some point. Maybe the climate features broke in the last year or a while before. We will never know but I doubt it was broken for two decades. Remember Ian Boxhill said Prince did actually go into the vault and had erased stuff himself so I kind of think he was good with the stituation.

The media likes to take some small bit of info and blow it out of proportion. When we have 100s of pages of legal documents with much more info that was not even reported on.

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Reply #158 posted 11/15/17 1:37pm

sonshine

avatar

rogifan said:

Do we know how much of the stuff is damaged?

Due to the information in the affidavits describing the extent of care and consideration Iron Mountain is giving Prince's "vault" contents there is much still intact and/or salvageable. I'm glad it's been given over to them. Whether any of us ever see or hear any of it is another question. But I ain't gonna lie - i'm quietly, patiently hoping to have my mind blown 😉 😁
It's a hurtful place, the world, in and of itself. We don't need to add to it. We all need one another. ~ PRN
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Reply #159 posted 11/15/17 3:11pm

Dandroppedadim
e

I'm wondering how much was already digitized, or copied to other sources/formats - maybe we don't really need the original master tapes if they are housed on a hard drive.

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Reply #160 posted 11/15/17 3:35pm

TypoQueen

hmmm a friend said today. His legacy needs to be protected thus having to move vault. These lawsuits against removal is rather puzzling. Why would they be against. Are they afraid a possible recording of a living will. hmmm

Who knows what is going on. ‘Tis all very odd goings on...
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Reply #161 posted 11/15/17 3:43pm

luv4u

Moderator

avatar

moderator

TypoQueen said:

hmmm a friend said today. His legacy needs to be protected thus having to move vault. These lawsuits against removal is rather puzzling. Why would they be against. Are they afraid a possible recording of a living will. hmmm Who knows what is going on. ‘Tis all very odd goings on...


hmmm

canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #162 posted 11/15/17 5:03pm

jtfolden

avatar

laurarichardson said:

We do know that many people already said some stuff was damaged but that the vault was climate controlled at some point. Maybe the climate features broke in the last year or a while before. We will never know but I doubt it was broken for two decades. Remember Ian Boxhill said Prince did actually go into the vault and had erased stuff himself so I kind of think he was good with the stituation.

The media likes to take some small bit of info and blow it out of proportion. When we have 100s of pages of legal documents with much more info that was not even reported on.


It has been known for a long, long time that things in the vault were not in good shape and only getting worse. It's been probably 10-15 years since I first heard that there were goals to digitize the Vault but that special plans had to be made to "bake" the tapes as so many of the older ones were gummed up on the reels. They went out and bought an oven specifically for the purplse and at the last second Prince squashed the idea as he thought it would make it easier for the material to leak.

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Reply #163 posted 11/15/17 5:36pm

laurarichardso
n

jtfolden said:

laurarichardson said:

We do know that many people already said some stuff was damaged but that the vault was climate controlled at some point. Maybe the climate features broke in the last year or a while before. We will never know but I doubt it was broken for two decades. Remember Ian Boxhill said Prince did actually go into the vault and had erased stuff himself so I kind of think he was good with the stituation.

The media likes to take some small bit of info and blow it out of proportion. When we have 100s of pages of legal documents with much more info that was not even reported on.


It has been known for a long, long time that things in the vault were not in good shape and only getting worse. It's been probably 10-15 years since I first heard that there were goals to digitize the Vault but that special plans had to be made to "bake" the tapes as so many of the older ones were gummed up on the reels. They went out and bought an oven specifically for the purplse and at the last second Prince squashed the idea as he thought it would make it easier for the material to leak.

Okay so do you think all 20,000 thousand items are damaged. Come on let us do a little thinking. Do you think the 10 albums Morris Hayes said were recorded in recent years were damaged.

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Reply #164 posted 11/15/17 5:37pm

laurarichardso
n

TypoQueen said:

hmmm a friend said today. His legacy needs to be protected thus having to move vault. These lawsuits against removal is rather puzzling. Why would they be against. Are they afraid a possible recording of a living will. hmmm Who knows what is going on. ‘Tis all very odd goings on...

Older sibs are greedy and crazy.

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Reply #165 posted 11/16/17 1:46am

MMJas

avatar

laurarichardson said:

TypoQueen said:

hmmm a friend said today. His legacy needs to be protected thus having to move vault. These lawsuits against removal is rather puzzling. Why would they be against. Are they afraid a possible recording of a living will. hmmm Who knows what is going on. ‘Tis all very odd goings on...

Older sibs are greedy and crazy.

cool

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Reply #166 posted 11/16/17 2:15pm

ISaidLifeIsJus
tAGame

avatar

Comerica filed a letter to the Judge today asking the Judge to define the role of the facilitator/mediator because Comerica, SNJ, and their advisor cannot.



Apparently they cant agree on a mediator nor agree to the role of the mediator, and Comerica is asking the Judge to appoint a mediator and define the role.



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Reply #167 posted 11/16/17 3:28pm

morningsong

ISaidLifeIsJustAGame said:

Comerica filed a letter to the Judge today asking the Judge to define the role of the facilitator/mediator because Comerica, SNJ, and their advisor cannot.



Apparently they cant agree on a mediator nor agree to the role of the mediator, and Comerica is asking the Judge to appoint a mediator and define the role.





And we thought Prince could be stubborn.



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Reply #168 posted 11/16/17 3:36pm

Bodhitheblackd
og

SanDiegoFunkDaddy said:

The sad part is I think Prince's siblings will sooner or later lose control of everything including Paisley Park

I agree...and maybe it would not be such a bad thing.

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Reply #169 posted 11/16/17 3:37pm

laurarichardso
n

morningsong said:



ISaidLifeIsJustAGame said:


Comerica filed a letter to the Judge today asking the Judge to define the role of the facilitator/mediator because Comerica, SNJ, and their advisor cannot.




Apparently they cant agree on a mediator nor agree to the role of the mediator, and Comerica is asking the Judge to appoint a mediator and define the role.







And we thought Prince could be stubborn.




—He cannot be blamed for this mess. It would be worst if these greedy inheirited UMG would own everything right now while SNJ would be down on the corner cashing their checks. Or if they were left something they would be contesting to get more. Thank goodness the court can step in.
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Reply #170 posted 11/16/17 6:10pm

PennyPurple

avatar

laurarichardson said:

morningsong said:



And we thought Prince could be stubborn.



—He cannot be blamed for this mess. It would be worst if these greedy inheirited UMG would own everything right now while SNJ would be down on the corner cashing their checks. Or if they were left something they would be contesting to get more. Thank goodness the court can step in.

Seriously? Prince and only Prince is to blame for this mess, and the poor state his vault was in also.

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Reply #171 posted 11/16/17 7:01pm

Bodhitheblackd
og

PennyPurple said:

laurarichardson said:

morningsong said: —He cannot be blamed for this mess. It would be worst if these greedy inheirited UMG would own everything right now while SNJ would be down on the corner cashing their checks. Or if they were left something they would be contesting to get more. Thank goodness the court can step in.

Seriously? Prince and only Prince is to blame for this mess, and the poor state his vault was in also.

Few things were more associated with Prince than his fabled "Vault"...it was mythological and glorious to contemplate hundreds, perhaps thousands, of hours of unheard and/or unreleased music. Any true fan would have been left salivating at the thought.

So, was this purposeful neglect of the vault contents a big cosmic joke that Prince played on his fans? A big FU...?How hard could it have been to have an assistant call in curators and archivests and make sure things were properly cared for and catalogued? Hell, music industry professionals would have lined up to do it for free (like Sheila). It isn't as though he didn't have enough money to do things right.

So maybe the horrible condition in which Prince left his vault of treasured music, which he had referred to as his "children" was a crying-for-help indication that things were not well in his world, his mind, his emotions. The man needed all kinds of help and he never got it..

So much for fame, money and all the women you can handle...

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Reply #172 posted 11/16/17 7:48pm

206Michelle

TypoQueen said:

hmmm a friend said today. His legacy needs to be protected thus having to move vault. These lawsuits against removal is rather puzzling. Why would they be against. Are they afraid a possible recording of a living will. hmmm Who knows what is going on. ‘Tis all very odd goings on...

Now that is an interesting possibility, a recorded will.

Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #173 posted 11/16/17 7:49pm

Lovejunky

Bodhitheblackdog said:

PennyPurple said:

Seriously? Prince and only Prince is to blame for this mess, and the poor state his vault was in also.

Few things were more associated with Prince than his fabled "Vault"...it was mythological and glorious to contemplate hundreds, perhaps thousands, of hours of unheard and/or unreleased music. Any true fan would have been left salivating at the thought.

So, was this purposeful neglect of the vault contents a big cosmic joke that Prince played on his fans? A big FU...?How hard could it have been to have an assistant call in curators and archivests and make sure things were properly cared for and catalogued? Hell, music industry professionals would have lined up to do it for free (like Sheila). It isn't as though he didn't have enough money to do things right.

So maybe the horrible condition in which Prince left his vault of treasured music, which he had referred to as his "children" was a crying-for-help indication that things were not well in his world, his mind, his emotions. The man needed all kinds of help and he never got it..

So much for fame, money and all the women you can handle...

Dont make him YOUR SLAVE !

and stop trying to throw shadows over his character

Prince by the time he left was way above Any Kind of F...U

Why would he bother digging back into the past ?

He had his eyes and heart in the future.

The vault meant little to him,

He left it for us to rummage through....

SO what

Prince did more than enough while he was here,

more than probably 20 of US put together,

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Reply #174 posted 11/16/17 7:59pm

PennyPurple

avatar

Lovejunky said:

Bodhitheblackdog said:

Few things were more associated with Prince than his fabled "Vault"...it was mythological and glorious to contemplate hundreds, perhaps thousands, of hours of unheard and/or unreleased music. Any true fan would have been left salivating at the thought.

So, was this purposeful neglect of the vault contents a big cosmic joke that Prince played on his fans? A big FU...?How hard could it have been to have an assistant call in curators and archivests and make sure things were properly cared for and catalogued? Hell, music industry professionals would have lined up to do it for free (like Sheila). It isn't as though he didn't have enough money to do things right.

So maybe the horrible condition in which Prince left his vault of treasured music, which he had referred to as his "children" was a crying-for-help indication that things were not well in his world, his mind, his emotions. The man needed all kinds of help and he never got it..

So much for fame, money and all the women you can handle...

Dont make him YOUR SLAVE !

and stop trying to throw shadows over his character

Prince by the time he left was way above Any Kind of F...U

Why would he bother digging back into the past ?

He had his eyes and heart in the future.

The vault meant little to him,

He left it for us to rummage through....

SO what

Prince did more than enough while he was here,

more than probably 20 of US put together,

If the vault meant so little to him, why did he refer to the songs in the vault as his children?

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Reply #175 posted 11/16/17 8:23pm

Lovejunky

PennyPurple said:

Lovejunky said:

Dont make him YOUR SLAVE !

and stop trying to throw shadows over his character

Prince by the time he left was way above Any Kind of F...U

Why would he bother digging back into the past ?

He had his eyes and heart in the future.

The vault meant little to him,

He left it for us to rummage through....

SO what

Prince did more than enough while he was here,

more than probably 20 of US put together,

If the vault meant so little to him, why did he refer to the songs in the vault as his children?

he Made that statement when asked which of his songs he liked the best.

He answered that he had no favorites the are like his children.

NOTHING specific about the songs in the Vault which have never really been officially birthed

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Reply #176 posted 11/17/17 12:08am

PeteSilas

even with a lot of it damaged he's left us with an officially released catalogue to shame just about any major artist and the bootlegs have been in circulation for a long time, i think we have the best of what he had to offer and or a facsimile of it. who knows though, it was years after i was an elvis or springsteen fan that i found my way towards some of my favorites of theirs, so who knows, sadly, the biggest hits of an artist are usually not my personal favorites.

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Reply #177 posted 11/17/17 12:11am

Lovejunky

PeteSilas said:

even with a lot of it damaged he's left us with an officially released catalogue to shame just about any major artist and the bootlegs have been in circulation for a long time, i think we have the best of what he had to offer and or a facsimile of it. who knows though, it was years after i was an elvis or springsteen fan that i found my way towards some of my favorites of theirs, so who knows, sadly, the biggest hits of an artist are usually not my personal favorites.

SAME

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Reply #178 posted 11/17/17 8:57am

TheVaultKeeper

Here's a summary of information about the so-called vault material as of 11/17/17:

.

Brian Wolfe, the Manager of the Estate Administration Department at Comerica Bank & Trust, in conjunction with Angela Aycock and Andrea Bruce, supervised the inventory process at Paisley Park for the Estate. Their staff began the process of inventorying the assets on-site at Paisley Park in March 2017. They located audio and video assets in several areas of Paisley Park. The audio and video assets were not only located in the vault but also in the office or residential spaces referred to as the "Pre-Vault," "White Room," "Gold Room," "Archived Storage Room," "Studio Storage Room," and even the garage. It was apparent that there had not been an organization system in place for storing the assets, as they were not arranged by chronology or in any other discernable order, nor was there any cataloging system to account for all of the assets. None of the spaces being used for storage-including the vault-appeared to have climate control systems sufficient to preserve audio and video material. During its inventory, the Personal Representative discovered several indications of damage and degradation due to poor humidity and temperature controls. It encountered cardboard boxes that were adhered to shelves and had to be peeled off, mold and water damage on the materials, rusting film canisters, degrading film that smelled of vinegar (a sign of acetate degradation), and evidence of water intrusion on walls and ceilings in the vault and elsewhere. These conditions, as well as a report they received from a security consultant hired to evaluate Paisley Park, led them to the conclusion that the Estate's audio and video assets were not being well preserved at Paisley Park and should not continue to be stored there.

.

On August 6, 2017, they transferred the audio and video assets from the Vault, Pre-Vault, and Gold Room to Iron Mountain's Hollywood facility. Eric Bricker, the Director of North American Field Operations for Iron Mountain Entertainment Services, traveled to Minnesota and personally supervised the transition of the assets from Paisley Park into secure trucks. Iron Mountain sent only management-level and higher personnel to Paisley Park to assist in this process. Personnel from Comerica Bank & Trust had already cataloged all of the inventory at Paisley Park prior to transport. The inventory was loaded onto trucks out of sight during the evening to maintain the greatest privacy and security possible. The trucks were then loaded and locked with unique seal identifiers. Each truck was climate controlled and accompanied by two drivers to ensure optimal preservation conditions and the most efficient transport possible. Each truck was equipped with GPS monitoring devices so that Iron Mountain and Comerica could track and locate the assets at all times during transit. When the trucks arrived at Iron Mountain’s Hollywood facility, a representative of Comerica and an Iron Mountain representative validated and then broke the seal on the trucks. All assets inventoried by Comerica and loaded onto Iron Mountain’s trucks were accounted for upon arrival at the Iron Mountain facility in Hollywood. Comerica filmed and photographed the entire process. The majority of the Estate’s assets are now stored in a private vault, ensuring maximum privacy and security, under climate-controlled conditions designed for the optimal preservation of the Estate’s unique and valuable audio and video assets. Those assets that were identified as having degraded or suffered mold and water damage have been segregated from the other assets in order to protect the integrity of the remaining assets in the archive.

.

The Estate has already utilized Iron Mountain's studio to access content from the vault (i.e Prince’s Aug. 3, 1983 performance at First Avenue) to assist in its negotiation of the proposed entertainment transaction with Troy Carter, which could give one major streaming service exclusive rights to the unreleased First Avenue concert film as well as rights to make a documentary about the film. To minimize costs, the Estate plans to primarily archive and digitize audio and video content on an as-needed basis as it enters into entertainment deals in order to shift a portion of the costs to its entertainment partners. The majority of the audio and video assets at Paisley Park were transferred to Iron Mountain in August and September 2017, but it is still ongoing. They anticipate completing the transfer of assets to Iron Mountain by the end of this November.

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Reply #179 posted 11/17/17 12:24pm

laurarichardso
n

TheVaultKeeper said:

Here's a summary of information about the so-called vault material as of 11/17/17:

.

Brian Wolfe, the Manager of the Estate Administration Department at Comerica Bank & Trust, in conjunction with Angela Aycock and Andrea Bruce, supervised the inventory process at Paisley Park for the Estate. Their staff began the process of inventorying the assets on-site at Paisley Park in March 2017. They located audio and video assets in several areas of Paisley Park. The audio and video assets were not only located in the vault but also in the office or residential spaces referred to as the "Pre-Vault," "White Room," "Gold Room," "Archived Storage Room," "Studio Storage Room," and even the garage. It was apparent that there had not been an organization system in place for storing the assets, as they were not arranged by chronology or in any other discernable order, nor was there any cataloging system to account for all of the assets. None of the spaces being used for storage-including the vault-appeared to have climate control systems sufficient to preserve audio and video material. During its inventory, the Personal Representative discovered several indications of damage and degradation due to poor humidity and temperature controls. It encountered cardboard boxes that were adhered to shelves and had to be peeled off, mold and water damage on the materials, rusting film canisters, degrading film that smelled of vinegar (a sign of acetate degradation), and evidence of water intrusion on walls and ceilings in the vault and elsewhere. These conditions, as well as a report they received from a security consultant hired to evaluate Paisley Park, led them to the conclusion that the Estate's audio and video assets were not being well preserved at Paisley Park and should not continue to be stored there.

.

On August 6, 2017, they transferred the audio and video assets from the Vault, Pre-Vault, and Gold Room to Iron Mountain's Hollywood facility. Eric Bricker, the Director of North American Field Operations for Iron Mountain Entertainment Services, traveled to Minnesota and personally supervised the transition of the assets from Paisley Park into secure trucks. Iron Mountain sent only management-level and higher personnel to Paisley Park to assist in this process. Personnel from Comerica Bank & Trust had already cataloged all of the inventory at Paisley Park prior to transport. The inventory was loaded onto trucks out of sight during the evening to maintain the greatest privacy and security possible. The trucks were then loaded and locked with unique seal identifiers. Each truck was climate controlled and accompanied by two drivers to ensure optimal preservation conditions and the most efficient transport possible. Each truck was equipped with GPS monitoring devices so that Iron Mountain and Comerica could track and locate the assets at all times during transit. When the trucks arrived at Iron Mountain’s Hollywood facility, a representative of Comerica and an Iron Mountain representative validated and then broke the seal on the trucks. All assets inventoried by Comerica and loaded onto Iron Mountain’s trucks were accounted for upon arrival at the Iron Mountain facility in Hollywood. Comerica filmed and photographed the entire process. The majority of the Estate’s assets are now stored in a private vault, ensuring maximum privacy and security, under climate-controlled conditions designed for the optimal preservation of the Estate’s unique and valuable audio and video assets. Those assets that were identified as having degraded or suffered mold and water damage have been segregated from the other assets in order to protect the integrity of the remaining assets in the archive.

.

The Estate has already utilized Iron Mountain's studio to access content from the vault (i.e Prince’s Aug. 3, 1983 performance at First Avenue) to assist in its negotiation of the proposed entertainment transaction with Troy Carter, which could give one major streaming service exclusive rights to the unreleased First Avenue concert film as well as rights to make a documentary about the film. To minimize costs, the Estate plans to primarily archive and digitize audio and video content on an as-needed basis as it enters into entertainment deals in order to shift a portion of the costs to its entertainment partners. The majority of the audio and video assets at Paisley Park were transferred to Iron Mountain in August and September 2017, but it is still ongoing. They anticipate completing the transfer of assets to Iron Mountain by the end of this November.

But nowhere in the court docs does it say all. Remeber two vaults exsist. This was a report to justify removing the remaining material. It also states no system appeared to be in plance my guest is the system was in Prince's head just like the combonation.

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Forums > Prince: Music and More > The Estate Discussion - Part 11 - Continued