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Forums > Prince: Music and More > The Estate Discussion - Part 14
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Reply #30 posted 04/17/18 5:13pm

Astasheiks

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ISaidLifeIsJustAGame said:

There is a huge business transaction which has been pending because SNJ oppose the deal.

There is a hearing Thursday on the opposition.

Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.

SNJ needs bitchfight nuts

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Reply #31 posted 04/17/18 6:55pm

littlemissG

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Astasheiks said:



feeluupp said:




206Michelle said:



It's an apples-to-oranges comparison though because David Bowie (a) had a wife of 23+ years, Iman (the former supermodel and businesswoman), (b) 2 living children, and (c) a will when he died, while Prince had none of these situations (Source: https://www.cnn.com/2016/...dex.html). Bowie left 50% of his assets to Iman; 25% to he and Iman's daughter, Lexi (that she can access when she turns 25); and 25% to his son Duncan, whom he had with his first wife. He also left about $2 million for his longtime personal assistant, Corinne "Coco" Schwab.


[Edited 4/15/18 17:00pm]




And that's why there is being music and box sets being released from Bowie's estate... While us Prince fans have had no new material released since his death except a cd from John Nelson. sad




Prince could have made this real simple with a Will, 50% or 75% of his assests to Tyka, the remainder divided equally between the half siblings or give it to charity or whomever!


Question- why do you think he would want Tyka (they when years with out contact) or anyone else to have the lion’s share?
[Edited 4/18/18 10:46am]
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Reply #32 posted 04/17/18 6:55pm

206Michelle

ISaidLifeIsJustAGame said:

There is a huge business transaction which has been pending because SNJ oppose the deal.

There is a hearing Thursday on the opposition.

Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.

On what day was the notice about this pending transaction filed?

[Edited 4/17/18 19:55pm]

Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #33 posted 04/17/18 8:39pm

ISaidLifeIsJus
tAGame

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206Michelle said:

ISaidLifeIsJustAGame said:

There is a huge business transaction which has been pending because SNJ oppose the deal.

There is a hearing Thursday on the opposition.

Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.

On what day was the notice about this pending transaction filed?

Comerica filed a Motion to Approve Entertainment Transaction on 4-4-18.

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Reply #34 posted 04/18/18 4:14am

1Sasha

IIRC Prince spoke with Bowie about "Bowie Bonds," perhaps wanting to do the same thing with his own catalogue. I think Bowie came from the Mick Jagger School of Rock Star Economics - over time, he learned how to make and keep money. Bowie, like Mick, had advisors he trusted long term. Prince never had anyone looking after him for decades - he either never found anyone, or it was simply his way to handle things.

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Reply #35 posted 04/18/18 4:22am

muleFunk

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From my understanding the Family is sepearte from the Estate.

They will not make a single dime off of any releases.

The problem is they want control over the music and monies from music and that's not happening.

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Reply #36 posted 04/18/18 4:28am

fredmagnus

ISaidLifeIsJustAGame said:



206Michelle said:




ISaidLifeIsJustAGame said:


There is a huge business transaction which has been pending because SNJ oppose the deal.


There is a hearing Thursday on the opposition.


Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.



On what day was the notice about this pending transaction filed?




Comerica filed a Motion to Approve Entertainment Transaction on 4-4-18.



I thought the judge already approved this entertainment deal ??
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Reply #37 posted 04/18/18 7:57am

ISaidLifeIsJus
tAGame

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fredmagnus said:

ISaidLifeIsJustAGame said:

Comerica filed a Motion to Approve Entertainment Transaction on 4-4-18.

I thought the judge already approved this entertainment deal ??



The Judge has not approved this business transaction. It is scheduled for a hearing on the SNJ opposition Thursday morning.

Comerica is also trying to enter into a settlement agreement with someone due copyright infringement. SNJ are opposing this settlement agreement along with the business transaction. The hearing on the opposition to the settlement agreement is also scheduled for hearing tomorrow morning.

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Reply #38 posted 04/18/18 7:59am

ISaidLifeIsJus
tAGame

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muleFunk said:

From my understanding the Family is sepearte from the Estate.

They will not make a single dime off of any releases.

The problem is they want control over the music and monies from music and that's not happening.



Who said?

As stated many times before there is an outstanding tax bill that has to be paid before any money is distributed to the heirs. They cant have control over the music until the taxes have been paid.

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Reply #39 posted 04/18/18 10:36am

cloveringold85

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1Sasha said:

IIRC Prince spoke with Bowie about "Bowie Bonds," perhaps wanting to do the same thing with his own catalogue. I think Bowie came from the Mick Jagger School of Rock Star Economics - over time, he learned how to make and keep money. Bowie, like Mick, had advisors he trusted long term. Prince never had anyone looking after him for decades - he either never found anyone, or it was simply his way to handle things.

.

yes

"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 #40 posted 04/19/18 8:46pm

rogifan

Who does Sharon think she’s fooling? I wonder if Lonnie is writing her tweets for her.

Sharon L. Nelson (@Sharon_L_Nelson)
4/11/18, 7:24 AM
Why is @billboard & @Variety NOT exposing all the inside industry Conflicts of Interest in the #Prince Estate with #Comerica and it’s Advisors NOW ??? This is why #Prince wrote SLAVE ON HIS FACE !!! ☔️ WHY NO MUSIC? #SETUP
Paisley Park is in your heart
#PrinceForever 💜
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Reply #41 posted 04/19/18 10:14pm

Mumio

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rogifan said:

Who does Sharon think she’s fooling? I wonder if Lonnie is writing her tweets for her. Sharon L. Nelson (@Sharon_L_Nelson) 4/11/18, 7:24 AM Why is @billboard & @Variety NOT exposing all the inside industry Conflicts of Interest in the #Prince Estate with #Comerica and it’s Advisors NOW ??? This is why #Prince wrote SLAVE ON HIS FACE !!! ☔️ WHY NO MUSIC? #SETUP



She's fooling no one and I've said the same about Lawnie myself lol

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #42 posted 04/20/18 8:02am

rogifan

Well Lonnie’s in on the act now.

L Londell McMillan (@LondellMcMillan)
4/20/18, 9:14 AM
The investigation and protection of Prince during his final days and after his passing was a tragic fail... Sad day yesterday! Releasing photos of his death would be wrong and we must fight that by any means necessary! ☔️ #PRINCE4EVER 💜
Paisley Park is in your heart
#PrinceForever 💜
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Reply #43 posted 04/20/18 10:21am

Mumio

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rogifan said:

Well Lonnie’s in on the act now.
L Londell McMillan (@LondellMcMillan) 4/20/18, 9:14 AM The investigation and protection of Prince during his final days and after his passing was a tragic fail... Sad day yesterday! Releasing photos of his death would be wrong and we must fight that by any means necessary! ☔️ #PRINCE4EVER 💜


It has to be killing him, having to keep his mouth shut.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #44 posted 04/20/18 10:36am

morningsong

Mumio said:

rogifan said:

Well Lonnie’s in on the act now.


It has to be killing him, having to keep his mouth shut.



In this s*** storm he has my full support on a fight.

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Reply #45 posted 04/20/18 3:43pm

lunabelle

ISaidLifeIsJustAGame said:

There is a huge business transaction which has been pending because SNJ oppose the deal.

There is a hearing Thursday on the opposition.

Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.

Hi, I wanted to point out that in this particular major entertainment deal, all six of the heirs are united in opposing it- - the title of the document is mislabled- it says it's just SNJ but the actual document shows all 6 heirs. so really must not look good to any of them, and is a rare moment of unity between the heirs.

http://www.mncourts.gov/mncourtsgov/media/High-Profile-Cases/10-PR-16-46/SNJ-Memorandum-in-Opposition-to-Proposed-Entertainment.pdf

I see too today the judge has ordered coamerica to provide the heirs and the court with more information about the deal:

"By May 1, 2018, Comerica shall provide t0 the heirs and the Court a projected cash flow analysis including pending or anticipated deals, revenue streams, all related expenses, and payment of anticipated estate taxes. The Court’s hope is that this will give the Court and heirs more information regarding the need for additional revenue sources and the sustainability 0f expenses. "

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Reply #46 posted 04/20/18 5:43pm

ISaidLifeIsJus
tAGame

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lunabelle said:

ISaidLifeIsJustAGame said:

There is a huge business transaction which has been pending because SNJ oppose the deal.

There is a hearing Thursday on the opposition.

Affidavits were filed by Troy Carter, Entertainment Advisor to the Estate; Jason Boyarski, Entertainment Attorney specializing in distribution and sale of master recordings; and David Dunn, Managing Partner of Shot Tower Capital, an investment banking firm.

This is why we are not getting new music. SNJ attempts to block every entertainment deal.

Hi, I wanted to point out that in this particular major entertainment deal, all six of the heirs are united in opposing it- - the title of the document is mislabled- it says it's just SNJ but the actual document shows all 6 heirs. so really must not look good to any of them, and is a rare moment of unity between the heirs.

http://www.mncourts.gov/mncourtsgov/media/High-Profile-Cases/10-PR-16-46/SNJ-Memorandum-in-Opposition-to-Proposed-Entertainment.pdf

I see too today the judge has ordered coamerica to provide the heirs and the court with more information about the deal:

"By May 1, 2018, Comerica shall provide t0 the heirs and the Court a projected cash flow analysis including pending or anticipated deals, revenue streams, all related expenses, and payment of anticipated estate taxes. The Court’s hope is that this will give the Court and heirs more information regarding the need for additional revenue sources and the sustainability 0f expenses. "

It may say that but Alfred, Tyka, and Omarr have not filed objections to the deal. Only SNJ.

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Reply #47 posted 04/20/18 9:02pm

Mumio

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morningsong said:

Mumio said:


It has to be killing him, having to keep his mouth shut.



In this s*** storm he has my full support on a fight.



It's too late, those pictures are out there and there won't be any taking them back. His tweet is dated 4/20 and those things were out there already on the 19th. He just wants to open his mouth about something.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #48 posted 04/21/18 8:12am

rogifan

I know we complain a lot about what’s going on with the estate but I have to give major props to those who planned and executed the concert last night. It was an amazing show. I contrast the associates performing at this concert to those sniping on the sidelines on social media. I can only imagine the long hours that went into rehearsing for this show. And they pulled it off without one glitch. Whatever Prince might have though about the idea no doubt he would have been proud of the musicianship on stage. This wasn’t half assed, this wasn’t something thrown together just to make a quick buck. And the focus was where it should be, on the music, and not all the other BS.
Paisley Park is in your heart
#PrinceForever 💜
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Reply #49 posted 04/21/18 10:24am

morningsong

Mumio said:



morningsong said:




Mumio said:




It has to be killing him, having to keep his mouth shut.





In this s*** storm he has my full support on a fight.





It's too late, those pictures are out there and there won't be any taking them back. His tweet is dated 4/20 and those things were out there already on the 19th. He just wants to open his mouth about something.




Giving it more thought I'm figuring those who can are doing what they can to shift the impact.

I'm just not down for anymore hashtag armchair rage. Either take the bull by the horns,by stepping up and adding context or answers or hush it and do your thing without stirring up stuff in the fanbase.
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Reply #50 posted 04/21/18 10:41am

luvsexy4all

WHO exactly is the ESTATE? since its not his family members...

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Reply #51 posted 04/21/18 11:55am

1Sasha

It is a separate legal entity. Just the same as for any estate for any person.

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Reply #52 posted 04/21/18 1:32pm

Mumio

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rogifan said:

I know we complain a lot about what’s going on with the estate but I have to give major props to those who planned and executed the concert last night. It was an amazing show. I contrast the associates performing at this concert to those sniping on the sidelines on social media. I can only imagine the long hours that went into rehearsing for this show. And they pulled it off without one glitch. Whatever Prince might have though about the idea no doubt he would have been proud of the musicianship on stage. This wasn’t half assed, this wasn’t something thrown together just to make a quick buck. And the focus was where it should be, on the music, and not all the other BS.



I saw the entire concert via live feed and from my perspective it looked great. Aside from being personally pleased with it, my impression was that people there were having a great time and enjoyed themselves immensely. Glad to hear it was great from your perspective too.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #53 posted 04/21/18 2:13pm

rogifan

Mumio said:



rogifan said:


I know we complain a lot about what’s going on with the estate but I have to give major props to those who planned and executed the concert last night. It was an amazing show. I contrast the associates performing at this concert to those sniping on the sidelines on social media. I can only imagine the long hours that went into rehearsing for this show. And they pulled it off without one glitch. Whatever Prince might have though about the idea no doubt he would have been proud of the musicianship on stage. This wasn’t half assed, this wasn’t something thrown together just to make a quick buck. And the focus was where it should be, on the music, and not all the other BS.



I saw the entire concert via live feed and from my perspective it looked great. Aside from being personally pleased with it, my impression was that people there were having a great time and enjoyed themselves immensely. Glad to hear it was great from your perspective too.


Yes it was all love there. The way it went off so flawlessly was the ultimate tribute to Prince. Those musicians on stage displayed everything he taught them. 💜
Paisley Park is in your heart
#PrinceForever 💜
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Reply #54 posted 04/21/18 3:54pm

littlemissG

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I have a idea for the concerts videos. Prince : All Era sampler from The first to last tour the best of. I would pay for that on DVD etc.
No More Haters on the Internet.
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Reply #55 posted 04/21/18 6:46pm

Dibblekins

[Please keep this thread on topic. Use orgnotes snip - luv4u]

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Reply #56 posted 04/22/18 8:56am

Dibblekins

Dibblekins said:

[Please keep this thread on topic. Use orgnotes snip - luv4u]


I thought it WAS related to the estate..? Aren't his archives / management of PP part of his estate?
.

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Reply #57 posted 04/24/18 11:51am

Rev

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Someone posted in another thread about all of the heirs not wanting to approve the lastest deal brought to them. Not SNJ being poopie pants.

How do we confirm that?

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Reply #58 posted 04/24/18 2:54pm

luvsexy4all

https://www.yahoo.com/entertainment/prince-heirs-sue-illinois-hospital-over-care-during-222211546.html

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Reply #59 posted 04/24/18 8:28pm

ISaidLifeIsJus
tAGame

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Rev said:

Someone posted in another thread about all of the heirs not wanting to approve the lastest deal brought to them. Not SNJ being poopie pants.

How do we confirm that?

I cant find that the other siblings objected unless I missed it lwhen ooking through the pleadings. The only ones that filed objections to the business transaction was SNJ. However, they had a hearing last Thursday and the other 3 could have objected orally.

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