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Thread started 09/13/18 10:27am

BartVanHemelen

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"Prince Estate Reveals Singer Left Behind $2.8 Million Music Equipment Collection"

https://theblast.com/prin...ollection/

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Some surprising numbers in here:

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On September 7, the estate filed an inventory of the current assets and property from the time period of February 2017 to January 2018. During that timeframe, Prince pulled in $755,173.41 in royalties, an additional $2.45 million in “other income,” $20,112 in rental income and $277k in tax refunds.

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I'm amazed that royalties still earn you so much money in this day and age.

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Click the link for the whole article, which contains more figures.

© Bart Van Hemelen
This posting is provided AS IS with no warranties, and confers no rights.
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Reply #1 posted 09/13/18 12:09pm

jdcxc

Interesting info. I bet the instruments and personal items would sell for tons more at auction.

Anyone know what the Estate was paid for the Mercedes and Natalie Portman commercials?
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Reply #2 posted 09/13/18 6:24pm

laytonian

Those are low appraisals, purposely so, to lower the amount of estate taxes due.

There are probably five guitars that would sell in the $10 million range EACH. But since they are not (and never will be) for sale, the value doesn't matter.

Welcome to "the org", laytonian… come bathe with me.
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Reply #3 posted 09/14/18 11:05am

mtlfan

The LINN is priceless. Cue Indiana Jones growling, "it belongs in a museum!"

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Reply #4 posted 09/14/18 12:22pm

Sexybeast

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The real expensive equipment is the 3 sound studios in paisley park, and lets not forget the custom piano from One Nite alone cover. Prince had lots of interesting intruments, clothes, and personl items at Paisley Park. It would be interesting for fans like me if they displayed more of it and not just small selection.

during celebration 1, in 2001 the Linn Drum was hooked up live to speakers in the Sound Stage room. You could walk up and play it. One cleaver fellow, started beating out with jos fingers the intro to Housequake. Its only 2 pads on the linn drumm. It was awsome. Can you hear the song now in your head, housequake

Henry H. 0+> Fan From Virginia
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Reply #5 posted 09/15/18 4:44am

Dandroppedadim
e

I always thought Housequake was the Fairlight sampler (had a more airy sound to it), I could be wrong or maybe the Linn was sent thru the Fairlight??
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Reply #6 posted 09/17/18 1:47pm

steakfinger

Dandroppedadime said:

I always thought Housequake was the Fairlight sampler (had a more airy sound to it), I could be wrong or maybe the Linn was sent thru the Fairlight??

I feel positive that I've read that it was the Linn sampled into the Fairlight. Naturally, I cannot recall where I may have seen this.

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Reply #7 posted 09/17/18 2:05pm

Strive

BartVanHemelen said:


I'm amazed that royalties still earn you so much money in this day and age.


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Click the link for the whole article, which contains more figures.



I'm the opposite. It's crazy to me that one of the most iconic musicians from the 80s made less than a million off of royalities in 2017-2018. If he was still alive, he could make that amount with a single live performance.
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