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Apparently pressure on McMillan and Koppelman http://hitsdailydouble.com/news&id=303652
"Negotiations for the rights from the Prince estate are said to be headed into the home stretch. Insiders are speculating as to why Londel McMillan is handling the recorded music deal and Charlie Koppelman (pictured) is handling the publishing side. Could it be bandwidth? Londell brought in Charlie in to help with the negotiations because of the time they spent together working on previous deals for Prince. There’s pressure coming from multiple sides: the estate’s heirs to "show them the money" and the judge is said to have given the dynamic duo a deadline to present offers to the court for approval. Since Prince reconciled with Warner Bros. two years before his death in April, it certainly gives the Burbank crew the inside track on the unreleased material at the epicenter of the recorded music deal. Both pacts are said to be massive, but it’s been almost three decades since either of them had any sort of deal of this magnitude. Wonderers are wondering why no top music business attorney—Grubman, Branca, Passman or Katz—were not brought in to get the lawyering done toot suite."
Think we will get some news soon as who gets the publishing and the recording music rights... Maybe warner would be the best choice...
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. Very interesting. Thanks for sharing.
"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016) | |
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linus4000 said: http://hitsdailydouble.com/news&id=303652
"Negotiations for the rights from the Prince estate are said to be headed into the home stretch. Insiders are speculating as to why Londel McMillan is handling the recorded music deal and Charlie Koppelman (pictured) is handling the publishing side. Could it be bandwidth? Londell brought in Charlie in to help with the negotiations because of the time they spent together working on previous deals for Prince. There’s pressure coming from multiple sides: the estate’s heirs to "show them the money" and the judge is said to have given the dynamic duo a deadline to present offers to the court for approval. Since Prince reconciled with Warner Bros. two years before his death in April, it certainly gives the Burbank crew the inside track on the unreleased material at the epicenter of the recorded music deal. Both pacts are said to be massive, but it’s been almost three decades since either of them had any sort of deal of this magnitude. Wonderers are wondering why no top music business attorney—Grubman, Branca, Passman or Katz—were not brought in to get the lawyering done toot suite."
Think we will get some news soon as who gets the publishing and the recording music rights... Maybe warner would be the best choice...
This is interesting... I can see why some are wondering. How did Londell get chosen over other top music business attnys? | |
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rubman, Branca, Passman or Katz -- Because the courts went with people who actually worked with Prince and got along with him. It has been since the late 90s for both men not three decades.
Mcmillian and Koppelmen have until sometime later this month to present whatever deals they have to the court. I am glad this article mentions rights and not a sale not sure why earlier reports keep saying sale when the best money making venture for the estate would be a licensing deal with NPG records. I can't imagine the family would want to sell the catalogue outright. | |
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"toot suite"...
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Who is Londell? . | |
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. Yes, Londell and Prince go way back. He was P's lawyer and former manager.
"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016) | |
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Seriously ? | |
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Welcome to "the org", Mumio…they can have you, but I'll have your love in the end | |
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I believe John Branca & John McCain are very money hungry. Something the remaining (poor) Jackon's aren't too happy about. | |
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He's cheaper. | |
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RIP Prince I will forever and miss U | |
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I know the Eastmans (Paul McCartney's in-laws) have handled his business interests since 1969, but if they had been available, I would have asked them to oversee Prince's musical legacy. They know how to do it for the long-term, and they are tough as nails. Plus, the firm is a multi-generational family business. Since April, Prince's family has been pressing for money, so IMO decisions will be made to satisfy that desire - decisions which might not seem appropriate to Prince fams. [Edited 11/3/16 4:30am] | |
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Well that is a good thing. It is does not matter anyway. Once the probate is over the family can take over and Tyka has already retained a hugh entertainment law firm. Whatever Londell and Koppelmen are doing now may not mean anything five year from now when the family is running things. | |
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I know. Good God, Dont those billionaire's have enough money already, they have to steal prince's too! If I wasn't afraid of God I would have taken care of thier crook asses straight to hell by now! | |
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Don't they get like, 10% of everything the Jackson Estate earns much to the chargrin of the remaining Jackson's - well, they unemployed ones? | |
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