However, in papers filed in Minnesota, Prince's estate and his NPG record label said Tidal and its parent company Roc Nation "have not provided any documentation substantiating Roc Nation's claim that it has rights to exploit any Prince Copyrighted Works in addition to the works that comprise the HitNRun: Phase 1 album".
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If such a licence had existed, they continued, it should now be considered terminated.
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Roc Nation countered that Tidal and Prince had entered into an Equity Term Sheet (essentially an agreement to agree) in 2015, which would give the service worldwide streaming rights to his next two albums, as well as one "previously unreleased full-length studio album" over a five-year period.
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http://www.bbc.com/news/entertainment-arts-38010964
"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) |