In one of his first dealings as an advisor to the Prince estate, Spotify executive Troy Carter is helping negotiate a deal that could give one major streaming service exclusive rights to one of the late pop star’s unreleased concert films as well as rights to make a documentary about the film, sources tell Billboard.
The lucky streaming service isn’t likely to be Carter’s employer, though: the estate is talking to a range of Spotify’s rivals including Apple Music, sources say.
The potential multimillion-dollar deal, which hasn’t yet been completed, could be the latest prize in the competition among streaming companies, a battle that has been ratcheting up lately as top players shell out millions for exclusive content that can help them stand out from the pack.