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Forums > Prince: Music and More > Prince Music Vault Being Shopped for $35 Million turns out to be a false rumour
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Reply #30 posted 10/12/16 4:22pm

leecaldon

THe queasy feeling is that our treasured vault music is being touted around to people who don't necessarily have an interest in anything but the bottom line, may not have had anything to do with Prince etc.

The upside would be that the bottom line means things WILL get released. But the next worry is, what form will the releases take? Will there be mortifying remixes and guest appearances? Could the people on here deal with that, if the originals were released alongside them, if that was the only way for there to be enough commercial opportunity for them to be released at all?

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Reply #31 posted 10/12/16 4:26pm

DiamondsnPearl
s44

avatar

sad

leecaldon said:

THe queasy feeling is that our treasured vault music is being touted around to people who don't necessarily have an interest in anything but the bottom line, may not have had anything to do with Prince etc.

The upside would be that the bottom line means things WILL get released. But the next worry is, what form will the releases take? Will there be mortifying remixes and guest appearances? Could the people on here deal with that, if the originals were released alongside them, if that was the only way for there to be enough commercial opportunity for them to be released at all?

sad I hate to see whats coming

RIP Prince I will forever heart and miss U
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Reply #32 posted 10/12/16 4:31pm

ISaidLifeIsJus
tAGame

avatar

Isnt everything in The Vault analog?

Wont it be costly to transfer to digital?

I dont know. Just asking.

eek

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Reply #33 posted 10/12/16 4:38pm

rogifan

Well Londell calls this report absurd.

https://twitter.com/londe...1668436992
L Londell McMillan (@LondellMcMillan)
10/12/16, 6:31 PM
Please don't believe that absurd article on the Vault. There are so many false rumors. The devil be up all night! BUSY! Lol
Paisley Park is in your heart
#PrinceForever 💜
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Reply #34 posted 10/12/16 4:44pm

NinaB

avatar

DiamondsnPearls44 said:

sad



leecaldon said:


THe queasy feeling is that our treasured vault music is being touted around to people who don't necessarily have an interest in anything but the bottom line, may not have had anything to do with Prince etc.



The upside would be that the bottom line means things WILL get released. But the next worry is, what form will the releases take? Will there be mortifying remixes and guest appearances? Could the people on here deal with that, if the originals were released alongside them, if that was the only way for there to be enough commercial opportunity for them to be released at all?



sad I hate to see whats coming


So do I. Without P...I don't know what the future holds.
"We just let people talk & say whatever they want 2 say. 9 times out of 10, trust me, what's out there now, I wouldn't give nary one of these folks the time of day. That's why I don't say anything back, because there's so much that's wrong" - P, Dec '15
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Reply #35 posted 10/12/16 4:46pm

Kara

avatar

Ingela said:

It's a good thing.

The family isn't a corporation with the capital expertise to manage it all. And it seems they need the money.

There is a huge irony in a man fighting so hard for something and dies only to see most likely get what he fought for in the first place.

We all die. If Prince was alive, it would be a different story, but if it's not important for the family to keep, then I see no problem. It will be in better hands. Let's remember, it was his own sister who sued the brother that most likely helped her financially for credit on a song. Again, he fought her in court and won. But in the end she got it all. Ats much as she could.

It's all good.
[Edited 10/12/16 16:23pm]

It was Lorna that sued and she's dead. I agree, though, that the family isn't equipped to handle this themselves.
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Reply #36 posted 10/12/16 5:01pm

FlyOnTheWall

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Reply #37 posted 10/12/16 5:02pm

derrick31

If I had 35 million, I'd contact them today and buy it just to preserve his legacy and keep his music out of the hands of the Sharks at the record label. This a sad report if it's true. Maybe they are unable to sell the Warner Bros. era material and that's the reason for the low price.
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Reply #38 posted 10/12/16 5:02pm

anangellooksdo
wn

AAAAHHHHRRRRGGGG!!!!
(That's me screaming).
So upsetting!
What will the family do afterwards? Initiate a battle to get them back like
Prince had to do?
This is unbelievable! Horrible! This man's business life was all about the total opposite happening. This is so paradoxically wrong and insane - IF it is true.
Plus, the price is way too low. Over time, that music will be worth in the hundreds of millions.
Londell says it's a rumor, but Londell, if you are even considering this, please - out of principle - don't do it.
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Reply #39 posted 10/12/16 5:02pm

nelcp777

Hopefullly rumors and nothing more.

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Reply #40 posted 10/12/16 5:03pm

petalthecat

avatar

It just doesn't ring true to me. I can't see the estate wanting to give up any of P's music rights. Maybe someone mentioned they would need a distribution deal to get the music released to a large audience and someone in the media has got the wrong end of the stick as always. sigh
There's always a rainbow 🌈 , at the end of every rain ☔️
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Reply #41 posted 10/12/16 5:05pm

derrick31

Ingela said:

It's a good thing.

The family isn't a corporation with the capital expertise to manage it all. And it seems they need the money.

There is a huge irony in a man fighting so hard for something and dies only to see most likely get what he fought for in the first place.

We all die. If Prince was alive, it would be a different story, but if it's not important for the family to keep, then I see no problem. It will be in better hands. Let's remember, it was his own sister who sued the brother that most likely helped her financially for credit on a song. Again, he fought her in court and won. But in the end she got it all. Ats much as she could.

It's all good.
[Edited 10/12/16 16:23pm]



They don't NEED the money. They WANT the money. Everyone is looking to exploit the little guy's death. Sad😞
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Reply #42 posted 10/12/16 5:06pm

rogifan

FlyOnTheWall said:


Yep I think we can stop the premature freak out. The minute I saw $35m quoted I knew this story was BS.
Paisley Park is in your heart
#PrinceForever 💜
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Reply #43 posted 10/12/16 5:23pm

laurarichardso
n

petalthecat said:

It just doesn't ring true to me. I can't see the estate wanting to give up any of P's music rights. Maybe someone mentioned they would need a distribution deal to get the music released to a large audience and someone in the media has got the wrong end of the stick as always. sigh

Whoever wrote the article at Billboard probaly only got some of the information correct.

I would think that the estate is looking for someone to distrube and market the music much like Prince did when he had one off deals with lables. The estate is not going to sell the entire catalogue for 35 million. They are looking for someone to help get this massive amount of music out the public while the estate retain ownership and the rights to the music. If anyone offers the estate 35 million they might as well press their own CDs and stream their own music without the assistance of a major lable.

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Reply #44 posted 10/12/16 5:24pm

laurarichardso
n

derrick31 said:

Ingela said:
It's a good thing. The family isn't a corporation with the capital expertise to manage it all. And it seems they need the money. There is a huge irony in a man fighting so hard for something and dies only to see most likely get what he fought for in the first place. We all die. If Prince was alive, it would be a different story, but if it's not important for the family to keep, then I see no problem. It will be in better hands. Let's remember, it was his own sister who sued the brother that most likely helped her financially for credit on a song. Again, he fought her in court and won. But in the end she got it all. Ats much as she could. It's all good. [Edited 10/12/16 16:23pm]
They don't NEED the money. They WANT the money. Everyone is looking to exploit the little guy's death. Sad😞

Bills have to paid people. It is not about explortation.

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Reply #45 posted 10/12/16 5:30pm

anangellooksdo
wn

I understand there are bills, but selling the rights to the very thing that Prince would probably most want those bills to cover/support?
Gee. I'm guessing that music is as valuable to Prince as PP is - even from where Prince is now.

I'm a little concerned that Londell didn't just come out and say that the music won't be sold. Correcting a story and squashing it completely could be two different things....(?)
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Reply #46 posted 10/12/16 5:30pm

206Michelle

rogifan said:

Hmm...not sure what to think aside from $35M being awfully low. confused

yeahthat

Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #47 posted 10/12/16 5:32pm

BombFunk

avatar

Only $35 million for the contents of the vault? WTF? eek ...this feels like shit


dove Forever changed dove wilted

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Reply #48 posted 10/12/16 5:49pm

PennyPurple

avatar

Look at this article.

http://www.nme.com/news/prince/97080?utm_source=twitter&utm_medium=social

The vault is understood to contain thousands of hours of music recordered over 4 decades, but the report says that the estate has yet to begin cataloguing it's contents properly, so it is unknown exactly what the vault contains. Some of the material may be possibly owned already by various record labels he had thru out the years.

AND a deluxe edition of Purple Rain may be released in the next few months.

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Reply #49 posted 10/12/16 5:59pm

laurarichardso
n

PennyPurple said:

Look at this article.

http://www.nme.com/news/prince/97080?utm_source=twitter&utm_medium=social

The vault is understood to contain thousands of hours of music recordered over 4 decades, but the report says that the estate has yet to begin cataloguing it's contents properly, so it is unknown exactly what the vault contains. Some of the material may be possibly owned already by various record labels he had thru out the years.

AND a deluxe edition of Purple Rain may be released in the next few months.

Wrong all of his deals with labels were one offs after he left WB. He even had his own label He was not in any long term contracts after he left WB. These journalist these days are so lazy.

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Reply #50 posted 10/12/16 6:00pm

laurarichardso
n

anangellooksdown said:

I understand there are bills, but selling the rights to the very thing that Prince would probably most want those bills to cover/support? Gee. I'm guessing that music is as valuable to Prince as PP is - even from where Prince is now. I'm a little concerned that Londell didn't just come out and say that the music won't be sold. Correcting a story and squashing it completely could be two different things....(?)

I think they are looking for someone to market and distrube the music which way he did not squash it completly. I don't think they are trying to do a fire sale.

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Reply #51 posted 10/12/16 6:11pm

rap

Why the fuck doesn't Londell release an actual statement and let us fans know what the hell is going on. He's an educated man.

Jesus, it's like Prince is still alive and we're being drip fed cryptic bullshit and nonsensical tweets!!

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Reply #52 posted 10/12/16 6:24pm

purplethunder3
121

avatar

rap said:

Why the fuck doesn't Londell release an actual statement and let us fans know what the hell is going on. He's an educated man.

Jesus, it's like Prince is still alive and we're being drip fed cryptic bullshit and nonsensical tweets!!

He's carrying on the tradition... razz lol

"Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything." --Plato

https://youtu.be/CVwv9LZMah0
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Reply #53 posted 10/12/16 6:26pm

morningsong

purplethunder3121 said:

rap said:

Why the fuck doesn't Londell release an actual statement and let us fans know what the hell is going on. He's an educated man.

Jesus, it's like Prince is still alive and we're being drip fed cryptic bullshit and nonsensical tweets!!

He's carrying on the tradition... razz lol



I wish he wouldn't.

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Reply #54 posted 10/12/16 6:31pm

luvsexy4all

whats this world coming to when "billboard" cant be trusted??? this situation is not good...what exactly is Londell claiming is incorrect???

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Reply #55 posted 10/12/16 6:34pm

Ingela

Kara said:

Ingela said:

It's a good thing.

The family isn't a corporation with the capital expertise to manage it all. And it seems they need the money.

There is a huge irony in a man fighting so hard for something and dies only to see most likely get what he fought for in the first place.

We all die. If Prince was alive, it would be a different story, but if it's not important for the family to keep, then I see no problem. It will be in better hands. Let's remember, it was his own sister who sued the brother that most likely helped her financially for credit on a song. Again, he fought her in court and won. But in the end she got it all. Ats much as she could.

It's all good.
[Edited 10/12/16 16:23pm]

It was Lorna that sued and she's dead. I agree, though, that the family isn't equipped to handle this themselves.


Thanks for the correction. I've been too quick to spout out lately.
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Reply #56 posted 10/12/16 6:44pm

PennyPurple

avatar

Mumio said:

I had sent a tweet to Londell asking if this was true along with a link to the article. He tweeted back "This is absurd!" About a minute later his response along with my tweet and everyone else who had retweeted disappeared. Can't find it anywhere so he must have deleted. Guess we'll see what happens next.

Maybe it is Billboard that we can trust................

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Reply #57 posted 10/12/16 6:44pm

bluegangsta

avatar

ISaidLifeIsJustAGame said:

Isnt everything in The Vault analog?

Wont it be costly to transfer to digital?

I dont know. Just asking.

eek

Not everything, Prince changed to digital some time ago.

Always cry 4 love, never cry 4 pain.
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Reply #58 posted 10/12/16 6:52pm

FUNKNROLL

$35 mil?
There was a time when Prince's advance was $100 mil.
Can't tell if this is lack of vision/creativity or desperation.
😕
[Edited 10/12/16 18:53pm]
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Reply #59 posted 10/12/16 6:56pm

rap

purplethunder3121 said:

rap said:

Why the fuck doesn't Londell release an actual statement and let us fans know what the hell is going on. He's an educated man.

Jesus, it's like Prince is still alive and we're being drip fed cryptic bullshit and nonsensical tweets!!

He's carrying on the tradition... razz lol

so it would seem

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Forums > Prince: Music and More > Prince Music Vault Being Shopped for $35 Million turns out to be a false rumour