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Printablerogifan said: ISaidLifeIsJustAGame said: It appears from the Order filed today Phaedra was only worried about liability, and they mutually agreed she was relieved of all responsibilities as of April 27, 2016. Also, Roc Nation is seeking a Restraining Order against the Estate without a hearing in regard to streaming rights.
[Edited 2/10/17 14:36pm] That's all the Estate needs is a big PR campaign about Prince coming to streaming services and then Tidal mucking everything up.  //It is called a contract and it is not like Londell did not know it exsisted a few weeks ago. Did anyone not see this coming. | |
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laurarichardson said: ISaidLifeIsJustAGame said: It appears from the Order filed today Phaedra was only worried about liability, and they mutually agreed she was relieved of all responsibilities as of April 27, 2016. Also, Roc Nation is seeking a Restraining Order against the Estate without a hearing in regard to streaming rights.
[Edited 2/10/17 14:36pm] --Now Phedra can go off the killer list and some of you can rest at night now that black professional women has been cleared (😳 Of course Tidal is going to take action Prince had a contract with them and if they made 4 payments of 780k they are going to want what they paid for. Those two albums and continued streaming until the deal ends. Not to mention they were accused of copyright infringement. I hope they do sue because this is who Prince wanted to do business with and after he hit 2 mill out if them which is good for someone who was in finacial disarray. Wow Laura just take a couple days off and take off the boxing gloves. You don't have to change the world all by yourself. | |
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She was on a list? News to me. So I guess no big reveal on the 12th, huh? | |
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laurarichardson said: ISaidLifeIsJustAGame said: It appears from the Order filed today Phaedra was only worried about liability, and they mutually agreed she was relieved of all responsibilities as of April 27, 2016. Also, Roc Nation is seeking a Restraining Order against the Estate without a hearing in regard to streaming rights.
[Edited 2/10/17 14:36pm] --Now Phedra can go off the killer list and some of you can rest at night now that black professional women has been cleared (😳 Of course Tidal is going to take action Prince had a contract with them and if they made 4 payments of 780k they are going to want what they paid for. Those two albums and continued streaming until the deal ends. Not to mention they were accused of copyright infringement. I hope they do sue because this is who Prince wanted to do business with and after he hit 2 mill out if them which is good for someone who was in finacial disarray. She is corrupt.... There is more to this... | |
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rogifan said: ISaidLifeIsJustAGame said: It appears from the Order filed today Phaedra was only worried about liability, and they mutually agreed she was relieved of all responsibilities as of April 27, 2016. Also, Roc Nation is seeking a Restraining Order against the Estate without a hearing in regard to streaming rights.
[Edited 2/10/17 14:36pm] That's all the Estate needs is a big PR campaign about Prince coming to streaming services and then Tidal mucking everything up.  | |
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1Sasha said: She was on a list? News to me. So I guess no big reveal on the 12th, huh? --Me making a joke. For a minute she was being discussed like she was Colonel Mustard hiding in the study waiting to attack. (Lol) | |
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paisleypearl said: laurarichardson said: --Now Phedra can go off the killer list and some of you can rest at night now that black professional women has been cleared (😳 Of course Tidal is going to take action Prince had a contract with them and if they made 4 payments of 780k they are going to want what they paid for. Those two albums and continued streaming until the deal ends. Not to mention they were accused of copyright infringement. I hope they do sue because this is who Prince wanted to do business with and after he hit 2 mill out if them which is good for someone who was in finacial disarray. Wow Laura just take a couple days off and take off the boxing gloves. You don't have to change the world all by yourself. --I did not invent contract law. I actually don't see way the estate does not give Tidal the two projects and ride out contract. It is all revenue. If they Tidal it would be wasting money on a lawsuit. In addition, Universal and WB both have music on Tidal. [Edited 2/10/17 16:57pm] | |
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There is a saying: do you want to be right or do you want to be smart? From what I have read, it looks like Tidal had a wide-ranging deal with Prince. I remember when it was announced the inference was that Tidal would have the catalogue and no other streaming service would have such rights. Does today's court output mean Spotify, etc., are on hold? Stop fighting Tidal and save that money. [Edited 2/10/17 17:18pm] | |
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Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. | |
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jtfolden said:
Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. Was this the alleged deal with Prince Rogers Nelson and not NPG? Something is fishy there and I think the estate should get out of it so his music can be everywhere. The world will not end if people can listen to his music outside of Tidal. Paisley Park is in your heart
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jtfolden said:
Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. Agree with this^^^^ if they are being honest and have nothing to hide, why not show what they supposedly have? | |
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jtfolden said:
Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. --Tidal is saying that have an equity term agreement with Prince Rogers Nelson and they claim they made four payments to Prince Rogers Nelson with the last two being in April and May of 2016. The time for filing claims has passed but the court let their stand. I am just going to take wild guess that Tidal furnished the equity term agreement and a proof of monies paid. You cannot have a contract without a mutual exchange. Now I would be very surprised if they have anything in writing saying that they can stop the music from going to other platforms but the estate may have to provide those two CDs and refund the payments. | |
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rogifan said: jtfolden said:
Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. Was this the alleged deal with Prince Rogers Nelson and not NPG? Something is fishy there and I think the estate should get out of it so his music can be everywhere. The world will not end if people can listen to his music outside of Tidal. Why do you think Prince signed a contract with Tidal under his own name? What was Prince up to and why did Breamer not know where the money went or claimed they did not know where the money went? | |
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PurpleDiamonds1 said: jtfolden said:
Actually, Tidal has produced no clear proof of the alleged deal. The only thing settled currently is that Tidal was denied withholding documents from the non-excluded heirs. If they had something legit, they really wouldn't have been so against the family seeing what they do have, imo. Agree with this^^^^ if they are being honest and have nothing to hide, why not show what they supposedly have? How did they get their claim to go forward if they showed nothing in addition they did stay that they did not respond to Bremer because their contract was with Prince Rogers Nelson not NPG LLC. The fact that the parent company Pathfinder is registered in the Caymans is interesting | |
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laurarichardson said: PurpleDiamonds1 said: Agree with this^^^^ if they are being honest and have nothing to hide, why not show what they supposedly have? How did they get their claim to go forward if they showed nothing in addition they did stay that they did not respond to Bremer because their contract was with Prince Rogers Nelson not NPG LLC. The fact that the parent company Pathfinder is registered in the Caymans is interesting Something was up with that, I don't know enough about it to say but it is just sounds fishy... | |
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morningsong said:
People hide money in the banks in the Caymans. The banks are shady down their just like in Switzerland. I have been saying all along I think P had money stashed in other places or just gave it away. Two stories stick out. Alan Leeds said that once when they were having a meeting with the business manager at Paisley Park Prince wanted to buy something and the manager told him there was no money in the budget for it Alan said Prince took out another check book from some account that knew nothing about and told him them he would buy it from this unknown account. He had gold bars and someone said he had gold back in the 90s buried on the property. Dez said he use to pull money out of his glove compartment as if it was an ATM. | |
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laurarichardson said: rogifan said: Was this the alleged deal with Prince Rogers Nelson and not NPG? Something is fishy there and I think the estate should get out of it so his music can be everywhere. The world will not end if people can listen to his music outside of Tidal. Why do you think Prince signed a contract with Tidal under his own name? What was Prince up to and why did Breamer not know where the money went or claimed they did not know where the money went? I have no idea but I think it's odd. And what's with all these handshakes. Where are all the signed documents with his name on it? Paisley Park is in your heart
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rogifan said: laurarichardson said: Why do you think Prince signed a contract with Tidal under his own name? What was Prince up to and why did Breamer not know where the money went or claimed they did not know where the money went? I have no idea but I think it's odd. And what's with all these handshakes. Where are all the signed documents with his name on it? They are not letting Tidal go forward with there claim if things were done on a handshake. Tidal has some documentation or proof of payment. | |
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The court documents said the Equity Term Agreement was NOT signed.
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ISaidLifeIsJustAGame said:
The court documents said the Equity Term Agreement was NOT signed.
Looks like that is what Comerica bank is saying. Tidal is saying they have a signed letter of intent along with the equity term sheet. They are also asking and it appears to have been granted that the document be sealed and all parties sign a non-disclosure agreement before viewing. Is the court allowing a claim and sealing of docs for a document that is not signed? What about money? If Tidal shows they paid money to Prince they are showing an exchange. I find it hard to believe that Tidal is filing these claims and documents with no proof. At this point document or no document I doubt Tidal will get an injunction but I do not believe the parent company would take this so far along if they had nothing. | |
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Dont matter. Tidal is out of luck.
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Any word on the deal's specific terms? I'm interested to know how the deal is worth | |
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ISaidLifeIsJustAGame said:
Dont matter. Tidal is out of luck.
I do not see were a decision was made one way or another unless I am missing something? I do not think they will get an injunction because I do not think they have exclusive rights to the music but if they can show they made payments to Prince they are going to be able to get their money back just from a letter of intent as they claim the money was an advance with a portion to be recouped from sales. Do you think Tidal gave Prince money without any signed documentation? I belive that is the reason Phedra wanted a definite date that she was let go from NPG LLC because I think she wanted to show that she sent those files after that April payment with Prince's permission. | |
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I see one of Prince's former managers tweeted some comments from him in a backhanded way of dissing these deals we're hearing about. I swear they're living in some alternate universe where Prince hasn't transitioned and is still among us on planet earth. 😔 Paisley Park is in your heart
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Thizz said: Any word on the deal's specific terms? I'm interested to know how the deal is worth There was a rumor out there that said $40-$50M. But that rumor was about his music being sold. So who knows if those estimates are false or if they misunderstood what the deal was. Paisley Park is in your heart
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rogifan said: I see one of Prince's former managers tweeted some comments from him in a backhanded way of dissing these deals we're hearing about. I swear they're living in some alternate universe where Prince hasn't transitioned and is still among us on planet earth. 😔 --/Prince used Universal before to admin his music and he dropped them and it must have been a reason. Don't you think his former manager might know what the reason was? Dr. Funk also said Prince was upset that Universal went forward with the baby lawsuit from YouTube whic he told Dr. Funk universal initiated. I also find it interesting that Univerdal has not pulled any material off of YouTube despite the fact that they are suppose to take care of copyright infringement. Like I said before all money is not good money and this deal has an end date so we shall see if the family continues with them. I know Universal at some point will make an offer to buy everything🙁 | |
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laurarichardson said: rogifan said: I see one of Prince's former managers tweeted some comments from him in a backhanded way of dissing these deals we're hearing about. I swear they're living in some alternate universe where Prince hasn't transitioned and is still among us on planet earth. 😔 --/Prince used Universal before to admin his music and he dropped them and it must have been a reason. Don't you think his former manager might know what the reason was? Dr. Funk also said Prince was upset that Universal went forward with the baby lawsuit from YouTube whic he told Dr. Funk universal initiated. I also find it interesting that Univerdal has not pulled any material off of YouTube despite the fact that they are suppose to take care of copyright infringement. Like I said before all money is not good money and this deal has an end date so we shall see if the family continues with them. I know Universal at some point will make an offer to buy everything🙁 But Funk hasn't ripped this deal, in fact on his latest podcast he seemed pretty positive about it. Who knows why Prince made some of the decisions he made. He was definitely an in the moment guy. Maybe at that time he was fed up with Universal for whatever reason. Doesn't mean he would never do a deal with them again. Every time I go out to YouTube more Prince stuff has been removed. I can understand removing studio work or full length live shows but a lot of what they're removing is ridiculous. And since none of this live stuff is available for purchase it's not like the estate is being deprived of $$ because a 10 minute clip of Montreux is on YouTube. All it's doing is making it harder for people who aren't die hard fans to experience what a great live performer he was. Sometimes I swear the things being done are like cutting off your nose to spite your face. And as I've said before the whole what would Prince do crowd is forgetting the most important thing: he's no longer here! The reason Prince could be totally independent when he was alive was because of live performances. It wasn't studio albums that were paying the bills. He can't call people up and say let's go on the road. He can't perform at a Russian billionaire's New Year's Eve party or a corporate sponsored event at SXSW for millions. He can't do 21 nights in London or residencies in Vegas or LA. I would love to know what all these people would do to pay the taxes and keep Paisley Park in the hands of the estate. Album sales on Tidal isn't going to do it. Paisley Park is in your heart
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rogifan said: laurarichardson said: --/Prince used Universal before to admin his music and he dropped them and it must have been a reason. Don't you think his former manager might know what the reason was? Dr. Funk also said Prince was upset that Universal went forward with the baby lawsuit from YouTube whic he told Dr. Funk universal initiated. I also find it interesting that Univerdal has not pulled any material off of YouTube despite the fact that they are suppose to take care of copyright infringement. Like I said before all money is not good money and this deal has an end date so we shall see if the family continues with them. I know Universal at some point will make an offer to buy everything🙁 But Funk hasn't ripped this deal, in fact on his latest podcast he seemed pretty positive about it. Who knows why Prince made some of the decisions he made. He was definitely an in the moment guy. Maybe at that time he was fed up with Universal for whatever reason. Doesn't mean he would never do a deal with them again. Every time I go out to YouTube more Prince stuff has been removed. I can understand removing studio work or full length live shows but a lot of what they're removing is ridiculous. And since none of this live stuff is available for purchase it's not like the estate is being deprived of $$ because a 10 minute clip of Montreux is on YouTube. All it's doing is making it harder for people who aren't die hard fans to experience what a great live performer he was. Sometimes I swear the things being done are like cutting off your nose to spite your face. And as I've said before the whole what would Prince do crowd is forgetting the most important thing: he's no longer here! The reason Prince could be totally independent when he was alive was because of live performances. It wasn't studio albums that were paying the bills. He can't call people up and say let's go on the road. He can't perform at a Russian billionaire's New Year's Eve party or a corporate sponsored event at SXSW for millions. He can't do 21 nights in London or residencies in Vegas or LA. I would love to know what all these people would do to pay the taxes and keep Paisley Park in the hands of the estate. Album sales on Tidal isn't going to do it. -/We know one reason he got rid of Universal they caused a lawsuit with YouTube baby case. I am sure his ex manager knows more than we do. I still see stuff up from April and I know that it is Universal's job to get this stuff down. Prince felt he had to hire Web Sheriff to do instead tells you a little something about what he may have been unhappy about. Universal has to get this stuff off of YouTube if they want to make money out of this deal. People don't buy when they can look and hear for free. I would love to buy some of this material not rent or just look. I want to own. | |
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ISaidLifeIsJustAGame said:
The court documents said the Equity Term Agreement was NOT signed.
Well there ya go... Tidal has no real  Seems they are acting like bullies | |
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