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Thread started 05/11/16 5:09pm

TheQuest

Plan for Prince's Legacy

I don't know how this could ever happen, but it is fun to put these thoughts into words. Wouldn't it be cool if a pool of Prince's fans could form a trust or pool of investors and buy certain assets like Paisley Park (including the vault), his masters, etc. Much like a publicly traded company yet privately owned. An example would be say 100,000 investors/fans could put in $3,000 each for a total of $300M. Basically form a publicly traded company to take control of his legacy. Appoint a CEO via shareholder conference/vote/board of directors that would tend to the legacy and keep it independent with the goal to generate revenue for the shareholders but at the same time the monies raised could go to heirs, etc.

This way the owners/investors are fans and interested/invested in the music and preserving Prince's legacy. I'm interested to hear anyone else's thoughts.

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Reply #1 posted 05/11/16 5:23pm

RiotPaisley

That would be cool- Prince could have set something like that up when he was alive with all those subscriptions to NPG music etc.

It will never happen that way though cuz his estate is going to take years to settle and eventually someone like WB will have to step in to save it if they so desire.

Would be aweosme though, great idea. I'd invest if it was done legit and by really smart people.
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