panpac777 said:

I think you're a very nice person with a heart that is surely generous. And I sincerely hope you don't read the posts of those here who have to turn every positve into a negative. Those people aren't worth your time.

I am impressed by your thoughtfulness!

oliviacamron said:

Militant said:

Yes. I am sure.

Not long after Michael Jackson died, his Estate did a deal worth $500 million dollars with Sony, for the rights to release previously unheard music. That was just one deal. And trust me... Prince has 20x more unreleased music, at least. And in terms of back catalogue, whilst MJ's Estate has the huge cash cow that is "Thriller", Prince's Estate has literally 40 albums in the back catalog, MANY of which are multiplatinum. On top of that - you have massive money earners like Sinead's cover of NC2U, Chaka's cover of I Feel For You, and Manic Monday. Those songs bring in hundreds of thousands of dollars in royalties every single year. On top of that, Prince had, what, $30-50 million dollars worth of property, which is all gonna get sold except for Paisley and the Purple Rain house. Hell, the 130 or however many acres on Galpin Blvd is worth $13 million alone.

On top of that you've got movie royalties from sales of Purple Rain, Under The Cherry Moon, SOTT, Graffiti Bridge. It's only a matter of time before we see Blu-Ray releases of Purple Rain Live and Lovesexy Dortmund. You've got the unreleased movies of The Second Coming and 3121/Lotusflow3r in the vault.

The amount of tie-ups that you could do with Prince's catalogue is ridiculous. The amount of sales you could make from previously unreleased music is ridiculous. The amount of publishing royalties is insane.

Prince's Estate, properly managed, once all the legal shit is taken care of, is worth billions. No doubt about it.

My band's manager works with a company called Primary Wave. They did a deal with Courtney Love to represent Nirvana's Estate. Now - bear in mind that Nirvana made just three albums. Just three - Bleach, Nevermind and In Utero. Four if you include the Unplugged album. Trust me - the amount of money they make from the Nirvana catalog would blow your mind.

We could potentially be bearing witness, in 5 years, to seeing kids wearing the Love Symbol on t-shirts no matter where you go in the world. The same way you do with Nirvana and the Rolling Stones. And for those of us who've been on this purple ride for a long time - particularly those of us that remember the early 2000's, pre-Musicology, when nobody was really checking for Prince except us - it's gonna be weird as fuck. But he belongs to everyone now, and if we really want his message to reach as many people as possible, the only way is for them to embrace his legacy through every avenue, and mass-market commotodization is the way they're going to do that.

so Prince can make much much much more money for others now that he is dead? [Edited 8/13/16 16:39pm]

That's how capitalism works especially in the music industry. See : Tupac, Biggie, Lennon, Cobain, Morrison, Elvis, Bob Marley. Michael Jackson.....

Prince knew that himself - see his quote about how all his music would be released somebody, even if he wasn't the one to do it.

But it's not "others" - it's his family. And surely, as fans, we want him to be remembered? I know I do. I want the whole world to know, just as we know, how much of a genius he was, because they damn sure didn't appreciate him enough when he was here. Successful management of the Estate will achieve that - and yes, it will generate a ton of money in the process. You can't have one, without the other.

oliviacamron said:

Militant said:

Yes. I am sure.

Not long after Michael Jackson died, his Estate did a deal worth $500 million dollars with Sony, for the rights to release previously unheard music. That was just one deal. And trust me... Prince has 20x more unreleased music, at least. And in terms of back catalogue, whilst MJ's Estate has the huge cash cow that is "Thriller", Prince's Estate has literally 40 albums in the back catalog, MANY of which are multiplatinum. On top of that - you have massive money earners like Sinead's cover of NC2U, Chaka's cover of I Feel For You, and Manic Monday. Those songs bring in hundreds of thousands of dollars in royalties every single year. On top of that, Prince had, what, $30-50 million dollars worth of property, which is all gonna get sold except for Paisley and the Purple Rain house. Hell, the 130 or however many acres on Galpin Blvd is worth $13 million alone.

On top of that you've got movie royalties from sales of Purple Rain, Under The Cherry Moon, SOTT, Graffiti Bridge. It's only a matter of time before we see Blu-Ray releases of Purple Rain Live and Lovesexy Dortmund. You've got the unreleased movies of The Second Coming and 3121/Lotusflow3r in the vault.

The amount of tie-ups that you could do with Prince's catalogue is ridiculous. The amount of sales you could make from previously unreleased music is ridiculous. The amount of publishing royalties is insane.

Prince's Estate, properly managed, once all the legal shit is taken care of, is worth billions. No doubt about it.

My band's manager works with a company called Primary Wave. They did a deal with Courtney Love to represent Nirvana's Estate. Now - bear in mind that Nirvana made just three albums. Just three - Bleach, Nevermind and In Utero. Four if you include the Unplugged album. Trust me - the amount of money they make from the Nirvana catalog would blow your mind.

We could potentially be bearing witness, in 5 years, to seeing kids wearing the Love Symbol on t-shirts no matter where you go in the world. The same way you do with Nirvana and the Rolling Stones. And for those of us who've been on this purple ride for a long time - particularly those of us that remember the early 2000's, pre-Musicology, when nobody was really checking for Prince except us - it's gonna be weird as fuck. But he belongs to everyone now, and if we really want his message to reach as many people as possible, the only way is for them to embrace his legacy through every avenue, and mass-market commotodization is the way they're going to do that.

so Prince can make much much much more money for others now that he is dead? [Edited 8/13/16 16:39pm]

That's how capitalism works especially in the music industry. See : Tupac, Biggie, Lennon, Cobain, Morrison, Elvis, Bob Marley. Michael Jackson.....

Prince knew that himself - see his quote about how all his music would be released somebody, even if he wasn't the one to do it.

But it's not "others" - it's his family. And surely, as fans, we want him to be remembered? I know I do. I want the whole world to know, just as we know, how much of a genius he was, because they damn sure didn't appreciate him enough when he was here. Successful management of the Estate will achieve that - and yes, it will generate a ton of money in the process. You can't have one, without the other.

C'mon y'all, not one person has stated the obvious?

The best way to pay tribute to Prince is to donate to one of the charities that were close to his heart:

luvgirl said:

Militant said:

Prince's estate is worth millions upon millions of dollars. Potentially billions. I don't really think there's any need for fans to contribute towards the property tax of Paisley Park. Still, your heart is probably in the right place. But Prince would say, go to the store and buy a few more copies of HNR2 instead

You sound so confident about this. Are you sure? Sometimes I get worried with all the stupid news coming out saying the estate might not be worth as much as everyone suspects, and makes me think something like this would be a good idea.

Yes. I am sure.

Not long after Michael Jackson died, his Estate did a deal worth $500 million dollars with Sony, for the rights to release previously unheard music. That was just one deal. And trust me... Prince has 20x more unreleased music, at least. And in terms of back catalogue, whilst MJ's Estate has the huge cash cow that is "Thriller", Prince's Estate has literally 40 albums in the back catalog, MANY of which are multiplatinum. On top of that - you have massive money earners like Sinead's cover of NC2U, Chaka's cover of I Feel For You, and Manic Monday. Those songs bring in hundreds of thousands of dollars in royalties every single year. On top of that, Prince had, what, $30-50 million dollars worth of property, which is all gonna get sold except for Paisley and the Purple Rain house. Hell, the 130 or however many acres on Galpin Blvd is worth $13 million alone.

On top of that you've got movie royalties from sales of Purple Rain, Under The Cherry Moon, SOTT, Graffiti Bridge. It's only a matter of time before we see Blu-Ray releases of Purple Rain Live and Lovesexy Dortmund. You've got the unreleased movies of The Second Coming and 3121/Lotusflow3r in the vault.

The amount of tie-ups that you could do with Prince's catalogue is ridiculous. The amount of sales you could make from previously unreleased music is ridiculous. The amount of publishing royalties is insane.

Prince's Estate, properly managed, once all the legal shit is taken care of, is worth billions. No doubt about it.

My band's manager works with a company called Primary Wave. They did a deal with Courtney Love to represent Nirvana's Estate. Now - bear in mind that Nirvana made just three albums. Just three - Bleach, Nevermind and In Utero. Four if you include the Unplugged album. Trust me - the amount of money they make from the Nirvana catalog would blow your mind.

We could potentially be bearing witness, in 5 years, to seeing kids wearing the Love Symbol on t-shirts no matter where you go in the world. The same way you do with Nirvana and the Rolling Stones. And for those of us who've been on this purple ride for a long time - particularly those of us that remember the early 2000's, pre-Musicology, when nobody was really checking for Prince except us - it's gonna be weird as fuck. But he belongs to everyone now, and if we really want his message to reach as many people as possible, the only way is for them to embrace his legacy through every avenue, and mass-market commotodization is the way they're going to do that.