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How things soured between Warners and Prince in 2014... Heard today from a well placed music industry source (not anyone to do with Warners, by the way) that Prince's "new" deal with Warners was very favourable. Warners wanted to release a deluxe version of Purple Rain first then, off the back of its success, new music by Prince would be released, with his raised profile giving the new stuff more of a chance of selling well. However, Prince insisted that new releases would come first, this accounting for the cooling of relations between both parties, as well as the pretty much non-existent promotion of both new albums.
Just thought people might like to know this
Prince was a total creative genius, but I sometimes find myself shaking my head at his short-sighted business sense | |
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The deal was that Prince got his masters back (which could have happened before that). A remastering process would be undertaken for eventual re-distribution of his catalog on vinyl. Prince would also allow WB to distribute (not own) Art Official Age and PlectrumElectrum, which they did (aka new music). The deal soured, in Prince's own words, because since Prince owned the music, anyone who distributes it would have to license it from Prince and NPG Records. Warner Bros wasn't willing to pay what Prince thought was a fair cost to do so, so the deal kind of stalled. Prince wanted more money. Sorry, it's the Hodgkin's talking. | |
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I don't get this. Wouldn't it make more sense to decide what gets released when and how much money Prince recieves for the remasters before closing the deal? That way, all of this could be avoided. | |
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I'd wager Prince was holding out for a huge non-recoupable advance. Given the state of the music industry I'm sure Warner was not interested in shelling out millions for a remaster/reissue.
Sadly Prince's misfortune helped Warners tremendously. They sold millions of the 80s releases (without having to advance anything, remaster or market) and now will probably get a good deal from the family for the remastering/reissue rights. Considering how many people have either bought or rebought Purple Rain in the last two months, I dont think its reasonable to assume that the remaster will be a huge seller.
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My understanding is that his money demands were indeed too much. And initial discussions were about there being a re-release with previously unreleased tracks - it was never initially intended to be a straightforward remaster of the album with no extra material. | |
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My pre-order of the Black Album on vinly was cancelled by Amazon last week. Some lame excuse about lack of availability. I guess it is not going to be reissued on vinyl? | |
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Thanks, this is very helpful information. Do you know if the 1985-1990 albums you mentioned are going to be remastered as well? Heavenly wine and roses seems to whisper to me when you smile...
Always cry for love, never cry for pain... | |
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[Edited 6/14/16 12:48pm] | |
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What about Fallinlove2nite not being available when the New Girl episode was aired?
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Just passing on what somebody who had dealings with Prince told me. | |
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When this deal was first signed,I had a feeling that things wouldn't work out. | |
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Didn't Prince say he'd delivered a remastered "Purple Rain" to Warners and the ball was in Warners's court? | |
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I think the only person who assumed that a deluxe edition of Purple Rain would sell millions was probably Prince No remaster/reissue sells millions. But it would have certainly regenerated interest in Prince. | |
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His exact tweet about the PR Remaster was... "When the pie is cut fairly." | |
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Well it was his "short-sighted business sense" that made him THE Artist. Not the King or Prince of Pop. And we're all better off for it. | |
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I think Prince made some bizarre business decisions - I've mentioned the Fallinlove2nite debacle. But there's no point applying logic to what he did - he just did what he wanted to do. | |
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ATWIAD: July 5 Parade: July 19 SOTT: August 23 Lovesexy: October 18 Batman: October 18 Graffiti Bridge: November 22 NewPowerGeneration maxi: December 13 COME: December 13 [Edited 6/14/16 13:39pm] Sorry, it's the Hodgkin's talking. | |
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I have no knowledge about this particular album but I do know that Amazon had some technical problems last week and lots of preorders of books that are being released were canceled by mistake. Maybe this happened in music too. Just keep checking. | |
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Everybody knew this weeks before the double release of AOA / PLEC. | |
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lol already here ? Vinyl still remains a small market, and even since P's death, they are not selling very well, even big classics such as 1999 and PURPLE RAIN didn't make the top 10 vinyl sales, nor in the US, neither in the UK.
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