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Prince's money Does he make good investments, like owning catalogs like MJ did? Does he have good stock or own a percentage of popular companies/businesses other than Paisley Park studios?   jayaredee is my fag 4 LIFE!   | |
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I think his ownership of his songs--which will be many times more substantial than the beetles collection will pay off for posterity sake--if he manages to have any children (though looks more unlikely over time).
The nastalgia for the beetles is quite high still. But over time, generations will start to lose that beetle mania. As blasphemous as this sounds to some, I think Prince's catalogue will be more valuable in future generations--his songs are better crafted in general, and his musical breath dwarfs the beetles. My speculation is in this current "silent" state, Prince is probably amasing a huge set of material for his vaults. I would imagine new material should sound quite interesting when he decides to release it. | |
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seeking out, buying and owning the masters of other artists would make him quite the hypocrite, wouldn't it? [Edited 6/16/05 20:36pm] this message brought to you by logic. | |
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He owns various houses, in minneapolis, Toronto, LA, plus the Paisley Park recording studio, so those are assets. Apart from that, I assume his money goes straight into the bank or is invested in stocks and shares.
He seems to have cut back on staff over the years, wasting money on protege albums, and extravagant expenditures like the Glam Slam nightclubs (I read in The Vault how he did a live video link-up performance between the night-clubs, that was really just a vanity project and cost about a million!). Part of the reason why the Musicology tour earned so much profit was because the stage show was relatively simple. Funny to think that back in the late 80's there was talk of him being on the verge of bankruptcy! | |
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AsianBomb777 said: I think his ownership of his songs--which will be many times more substantial than the beetles collection will pay off for posterity sake--if he manages to have any children (though looks more unlikely over time).
The nastalgia for the beetles is quite high still. But over time, generations will start to lose that beetle mania. As blasphemous as this sounds to some, I think Prince's catalogue will be more valuable in future generations--his songs are better crafted in general, and his musical breath dwarfs the beetles. My speculation is in this current "silent" state, Prince is probably amasing a huge set of material for his vaults. I would imagine new material should sound quite interesting when he decides to release it. I can't tell if you're being ironic about the Beatles. Their catalogue will always be worth an absolute fortune, because they were a pivotal band in the history of pop music and legendary classic songs by any artist never really age. Has Mozart and Beethoven's music lost it's appeal? Of course not. It's not that it's blasphemous, it's just that it's simply not true - The Beatles catalogue will always be worth more than Prince's, not to say that Prince won't be worth a lot also in the future. They've just got a higher place in pop history. As for Prince's current 'silent' state - well, either he's taking a well deserved break to re-energise himself, or he's doing what he always has done - which is to record music, whether for an album or just for pleasure, and what isn't released ends up in the vault - I don't think he's purposely trying to fill the vault up for the future as you imply, it's just a side effect of recording so much. | |
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there is no way that Prince's catalogue will ever be worth anything like the Beatles' catalogue. Echo everything metalorange said on this. The Beatles, rightly or wrongly, are seen to have changed the face of modern popular music in a way that Prince can't come close to. | |
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metalorange said: , I assume his money goes straight into the bank or is invested in stocks and shares.
Or to his Kingdom Hall. | |
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metalorange said: AsianBomb777 said: I think his ownership of his songs--which will be many times more substantial than the beetles collection will pay off for posterity sake--if he manages to have any children (though looks more unlikely over time).
The nastalgia for the beetles is quite high still. But over time, generations will start to lose that beetle mania. As blasphemous as this sounds to some, I think Prince's catalogue will be more valuable in future generations--his songs are better crafted in general, and his musical breath dwarfs the beetles. My speculation is in this current "silent" state, Prince is probably amasing a huge set of material for his vaults. I would imagine new material should sound quite interesting when he decides to release it. I can't tell if you're being ironic about the Beatles. Their catalogue will always be worth an absolute fortune, because they were a pivotal band in the history of pop music and legendary classic songs by any artist never really age. Has Mozart and Beethoven's music lost it's appeal? Of course not. It's not that it's blasphemous, it's just that it's simply not true - The Beatles catalogue will always be worth more than Prince's, not to say that Prince won't be worth a lot also in the future. They've just got a higher place in pop history. As for Prince's current 'silent' state - well, either he's taking a well deserved break to re-energise himself, or he's doing what he always has done - which is to record music, whether for an album or just for pleasure, and what isn't released ends up in the vault - I don't think he's purposely trying to fill the vault up for the future as you imply, it's just a side effect of recording so much. ----- I am not sure about Prince's catalogue not being valuble as the Beatles. A few years ago WB sold the international rights to his music and a bidding war broke out over the rights. Somethinks his music is going to have some value in the future. | |
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laurarichardson said: metalorange said: I can't tell if you're being ironic about the Beatles. Their catalogue will always be worth an absolute fortune, because they were a pivotal band in the history of pop music and legendary classic songs by any artist never really age. Has Mozart and Beethoven's music lost it's appeal? Of course not. It's not that it's blasphemous, it's just that it's simply not true - The Beatles catalogue will always be worth more than Prince's, not to say that Prince won't be worth a lot also in the future. They've just got a higher place in pop history. As for Prince's current 'silent' state - well, either he's taking a well deserved break to re-energise himself, or he's doing what he always has done - which is to record music, whether for an album or just for pleasure, and what isn't released ends up in the vault - I don't think he's purposely trying to fill the vault up for the future as you imply, it's just a side effect of recording so much. ----- I am not sure about Prince's catalogue not being valuble as the Beatles. A few years ago WB sold the international rights to his music and a bidding war broke out over the rights. Somethinks his music is going to have some value in the future. bound to be a bidding war over rights to Prince's music. His catalogue is bound to be valuable. So is madonna's and so is michael jackson's, so is REM's, so is U2's... The Beatles are way out there in front. No way the value of Prince's catalogue will ever, ever come anywhere close to it. | |
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AsianBomb777 said: The nastalgia for the beetles is quite high still.
But over time, generations will start to lose that beetle mania. You so rightly said it - over generations beetle mania will slow down - but hey, it is only half a generation after purple rain, and Prince was almost forgotten (well, his musicology tour changed that a bit - but probably just for a year...). It would be interesting to see how much catalogue sales the Beatles have vs. Prince. Or maybe easier - how many CDs were sold of the Beatles "No. 1s" vs Prince - The Hits This is not to say that Prince music is any less worth of course |
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