He was a businessman who left this world with very little debt and great money making ideas for the future. This guy sold out the Oracle arena playing a piano at $400.00 a pop ticket prices. I wish I had it so bad as he did. | |
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I am not here to argue the validity of the POA. I am just trying to explain to fellow members a laymen's explanation. As for the fraudulent documents, I am sure it has happened sometime in the past. Money makes people do unethical and illogical actions. The lawfirm may not know of the authenticity of the doucments (though due diligence should be exercied for that). I am not privy to any of the documents, that is why I am not arguing the case. We are not privy to what the Estate is or is not arguing. I will say that I am waiting for the judgement from the court on this case. I believe there may be more to it than we know, for both parties. I agree someone sent the files to Tidal for streaming. No arguement there. But who and who had the authority needs to be determined. Makes me wonder why Phaedra was asking me be excused for liability (not worded perfectly). Again, I am looking forward to the ruling. | |
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No he would not be rolling in his grave he would be partying in his grave. He set the company up for the very reason I stated. See below. I wish you knew just 50% of what you are speaking of but you do not depsite the information being avalible.
NPG Music Publishing is now actively seeking placement for some of Prince's songs in film, television, video games and the commercial realm.
Source: http://www.hollywoodrepor...use-693754 | |
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Cutest story
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Yep...
thats Crystal Clear...
100% with you Laura http://www.princevault.co...ishing.com
People need to STOP being so sentimental and realise that Prince was Practical and changed things up to suit time place and circumstance.
There is a post in this thread somewhere about how much money a single song can make if its used in a Movie..somewhere around $300,000 J
He has 935 Songs under US Copyight, assigned to NPGMusicPublishing | |
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You are not arguing about and neither is the estate
The validity of the POA should be the argument that the estate should be making. If Pheadra did not have POA or if her POA did not allow her to execute contracts, then Tidal would not have a legal leg to stand on.
Instead of questioning the validity of the POA or Pheadra’s authority the estate is stating that the exclusive use of Prince’s image is not something he would have agreed to in the Equity Term Agreement. How would they know what he agreed to and if so why did he allow Pheadra to have POA to sign for him?
We know what the estate is arguing because it is in the correspondence and they mention that they asked for all legal documents for many months and that when the ETA appeared they were skeptical this is stated in the court docs for the lawsuit. The argument of the estate is weak, absurd and moot if the POA is valid no matter what the estate manager’s think Prince would have wanted and how long it took for Tidal to produce the ETA.
I am sure it is easy enough to determine if the POA is valid and what authority it would have given Pheadra. The estate does not even appear to questioning the validity of the POA. These latest court docs do not even address if Pheadra had authority to release the files and it would be stated once again on the POA what she could do or not do.
I think she was asked to be excused because Lonnie did not know anything about a POA at the time, he fired her and who knows what allegations he made. What we do know is there is nothing in this latest round of doc or in the lawsuit that implies that a POA did not exist or that Pheadra overstepped her authority. Something is very odd about this whole entire situation. As some court has either allowed massive copyright infringement to continue on for over a year or the estate really has no grounds to have content removed from Tidal while this court case works it way to court.
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Keep in mind he had other publishing companies like Girlsong, Tionna and Purple Music. According to Tyka they were up to 1800 not sure if she was adding 900 to what was in already in NPGMusicPublishing but he has a shit load of music and $300,000 a song is a nice chuck of change. He was not being stupid when he set up this company. | |
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I know, but according to the court docs we have seen, 935 were actually submitted and registration paid for the rest ...yes...as you say...unclear.. | |
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I think ther rest are in other publishing companies and/or who at the estate managment level should be registering anything that was found to be not copyrighted. Altought I remember a few of his assistance saying that their jobs were to register material immedialty. | |
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Not looking good for Tidal at all. | |
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Can someone explain the latest documents..?
To me it sounds like Roc Nation is saying that they are not going to produce documents that the Estate already have access to. They have either been sumbitted already or can be easily found by referring to a list of people who were involved in the creation of them.?????
Sounds like they are being petulant...
THis sounds like they went to Phaedra for confirmation (I would hope they did ) and she denied any involvement.. If they didnt go to her for confirmation..boy oh boy
Project Panther no Longer exists by the way...it was established in 2014 for the sole purpose of Purchasing Aspiro
It was dissolved in August 2016
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Lovejunky said:
Can someone explain the latest documents..?
To me it sounds like Roc Nation is saying that they are not going to produce documents that the Estate already have access to. They have either been sumbitted already or can be easily found by referring to a list of people who were involved in the creation of them.?????
Sounds like they are being petulant...
THis sounds like they went to Phaedra for confirmation (I would hope they did ) and she denied any involvement.. If they didnt go to her for confirmation..boy oh boy
Project Panther no Longer exists by the way...it was established in 2014 for the sole purpose of Purchasing Aspiro
It was dissolved in August 2016
What I am reading is that the estate mangers are saying that they do not believe the Equity agreement is valid because they do not think Prince would have agreeded to exclusivity about his image which has nothing to do with anything at all. They have no idea what he would have agreed to and how is their ESP about his thoughts a sound legal challenge unless something has changed today I see nothing challenging the validly of Phaedra having POA or not having the authority to execute contracts. As far as Tidal providing additional documentation why would they do such a thing. If the estate thinks Prince did not have equity in Tidal way not go to the IRS and see if 1099 were sent. How can estate mangers who are who working with his last team of lawyers and managers not know about assests after all this time. [Edited 8/31/17 19:18pm] | |
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Well..it seems that initially they did agree, But have changed their minds due to reasoning that doing so is cumbersome since all the required documents can be easily found...
Im expecting that they will Call on Phaedra soon, becasue it seems that the ESTATE doubts her Authority and Tidals sucess depends on her having it.
Estate alluding to Documents signed by Phaedra as being invalid means a) the dont believe she did have POA or b) That Tidal forged something ?
This is riduculous..the whole thing seems to have become overly complicated...
and JAYZ seems pissed, so he is dicking around....
and as for the red....yeah !!!
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I find it hard to believe they forged a document for the following reasons. 1) Would NPG Records not have a copy of the document or at least Pheadra or this other attorney that was named. 2) Would Pheadra not have said by this time "Hey this is not the doc I signed or I did not have POA or I did not have the authority to execute documents. At no time in the lasted round of comments do we see the Estate alluding that she did not have authority or a POA. They plainly state that they think the docs are invalid becauser they do not believe Prince would have agreeded to the exclusive use of his image by Tidal. The image issue is the only thing mentioned that estate appears to have a problem with. I find this kind of shocking and a weak argument on their part.
Remember Tidal has a parent company Aspiro it is not all Jay-Z. I cannot see a parent company and a letgit law firm forging or altering a legal document when they must know other copies could be out there and that the principals involved are alive and well. Mainly why does the estate not know if Prince had equity in Tidal? Where are the NPG copies of these agreements. Have 1099 been filed showing income from the equity or even royatlies.
Where did the 3 million that Tidal said they paid Prince go to? Unless the 3 mill was paid in cash there has to be bank records somewhere. I know if seems bad form on Tidal's part but they are correct why are the Estate managers not doing their own due dilegence? Some of this info has to be with NPG and I am sure some has been address in the probate court.
Why is all of Prince music on Tidal if major copyright infringement is taking place and royatlies are not being paid? Now the WB videos are even on Tidal.
Did you also notice that suit is between NPG Records, NPG Publishing LLC and Tidal. Not the Estate of Prince Rogers Nelson?
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The correspondence Comerica filed with the Court indicates Tidal is dicking around and not providing the documents they have requested. | |
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But why does NPG record not have some of these docs? Why does Pheadra and the other attorney that was mentioned not have them. If royatlies were not paid and if any disbursements from equity were not paid then the estate managers should be filing a law suit for unpaid monies.
Not begging Tidal for the documents.
The only objection to the Equity Term Sheet is that a clause in it does not seem like something Prince would agree to (WTF) if monies have not be paid and Comerica does not even know if he had Equity that would seem like more of a concern?
I cannot see any company voluntarily giving up their tax records, shareholder meeting notes or list of equity owners unless ordered by a court to do so.
A lot of things do not add up. Not sure if something funny is going on with Pheadra, Comerica or Tidal but no way in this world was Prince sending content to Tidal and promoting them without some sort of payment or equity.
Why does NPG LLC or Phedra, attorneys who worked on the Tidal deal not have copies? There should also be a record of payments and royatlies [Edited 9/1/17 9:12am] | |
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There seemed to be a bunch of Shady MF's all over the place in this fiasco!!! | |
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Today Tidal responses with an allegation that the Estate has been resistant to obtain information from former employees and agents for Prince. Apparently, the judge in Federal case had to compel them to do so. What is going on? What attorneys have client property. Why are estate managaers not trying to get NPG docs for this case.
- By comparison, the Personal Representative has produced approximately 1,800 unique documents (consisting of about 6,800 pages) only after being compelled by Magistrate Judge Noel in the parties’ federal lawsuit to obtain documents from former employees and agents of Mr. Nelson and his entities, inclusive of former attorneys from whom the estate unquestionably could demand the return of client property under applicable professional responsibility rules. The Personal Representative initially and baselessly resisted these collection efforts. Thus, while the Personal Representative has taken an evasive approach to document discovery, the TIDAL Parties are making every effort to complete a fulsome document production on a workable timeline. The TIDAL Parties will continue to do so, however, the ten day timeline the Personal Representative is seeking to impose is inappropriate given the volume of documents at issue.
Additional comments about Phedra having POA. Notice that this occurred in April of 2014. What was going on that he gave her POA ------ 12. The term “Power of Attorney” refers to all documents signed by the Decedent appointing Phaedra Ellis-Lamkins his power of attorney, including, but not limited to, the power of attorney dated April 17, 2014 (RN00010082).
7. Any and all non-privileged documents from or maintained by former employees or agents of the NPG Entities or any of the other Prince-Related Entities regarding the claims and defenses raised in this action, whether maintained on web-based email accounts or otherwise, including, but not limited to, documents from or maintained by the following individuals: Meron Bekure, Phaedra Ellis-Lamkins, Diana Frappier, Trevor Guy and Joshua Welton. [Edited 9/1/17 11:01am] | |
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I guess its a possibility this Estate could still not be settled this time next year in 2018? [Edited 9/1/17 11:06am] | |
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I believe this case is going to trial in January someone will win and someone will loose but realize this case is occuring because family members and estate managers are trying to break what may be a viable contract. The question is why? Keep in mind the Tidal deal is only for 5 years it is almost half over.
You simply cannot expect any business to pay out advances and not received the agreed upon goods. [Edited 9/1/17 13:37pm] [Edited 9/2/17 5:19am] | |
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Tidal Kicks Back http://www.mncourts.gov/mncourtsgov/media/High-Profile-Cases/10-PR-16-46/Correspondence_2.pdf | |
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Its called Discovery. This is how it is done in the legal community. Comerica is asking for documents that forms the basis of the Claim against the Estate. It is not an unreasonable request.
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ISaidLifeIsJustAGame said:
Its called Discovery. This is how it is done in the legal community. Comerica is asking for documents that forms the basis of the Claim against the Estate. It is not an unreasonable request.
It is not an unreasonable request but no company is going to voluntarily give out this type of finacial info and Tidal does make a vital point about the Estate mangers not obtaining some of this info from Prince's former NPG manager, lawyer, and employees. Starting to look at Pheadra and crew in a whole different light. Why are these people not providing information? [Edited 9/2/17 20:07pm] | |
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This is not how Discovery works in the legit legal world. When someone files a claim against someone else you are permitted to ask them for the documents that form the basis of their complaint/claim. You are not required to go to others to get the information and documents. Discovery is governed by the Rules of Civil Procedure in a Civil case. You are permitted to require the Claimant (Tidal) to produce the documents that forms the basis of their Complaint prior to trial. Comerica can ask Tidal for financial information as finances/money is also a portion of their claim against the Estate.
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ISaidLifeIsJustAGame said:
This is not how Discovery works in the legit legal world. When someone files a claim against someone else you are permitted to ask them for the documents that form the basis of their complaint/claim. You are not required to go to others to get the information and documents. Discovery is governed by the Rules of Civil Procedure in a Civil case. You are permitted to require the Claimant (Tidal) to produce the documents that forms the basis of their Complaint prior to trial. Comerica can ask Tidal for financial information as finances/money is also a portion of their claim against the Estate.
I know all of this but did you read were Tidal is saying the judge in the Federal case compelled the estate managers to seek some of this info on their own. It is wired that they are not getting any info from Pheadra and they are not implying that she did not have POA or authority to execute contracts but are carrying on about the exclusivity of his image ( which is only concerning the promotion of streaming services not that his image cannot be used anywhere else ) when the could certainly get testimony from Phredra or the other attorney about what clauses are in the agreement. Do you think NPG LLC did not a have a copy of this document? Something is not right? [Edited 9/2/17 21:08pm] | |
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There are two different cases with Tidal, Federal and Probate. The Federal Court is governed by the Federal Rules of Civil Procedure which is different that the Minnesota Rules of Civil Procedure. | |
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ISLIJAG, you must be a saint to even bother elucidating ad nauseum...LR knows everything, remember? | |
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My opinion is that if things had been set up properly, we would not be having this discussion. There would be no court cases. All documents would have been filed appropriately, as needed, by Prince's legal team. Perhaps the only legal issues remaining would be claims of paternity. There was no need for this chaos. None. | |
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AND, detailed plans would be in place for the proper and expediant curation of the vault, funds would have been earmarked for charities Prince wished to support, his remains would have ben handled exactly according to his instructions, etc. But those of us who believe a responsible, adult plan would have been better than this shit show are being told/bullied here on the Org. that
1) Prince was a brilliant businessman/tactician who didn't need a will because he had a 'business plan' in place (WTF), 2) Of course, he wanted his ashes on display over his kitchen door, 3) He had been planning for PP to be a museum for a decade...that's why the carpets were filthy, the HVAC system was shot, the buildings needed paint and deep cleaning, the couches were ripped, etc...but Shiela's drums were set up!!!
Occam's Razor, people, he was popping too many pills to notice, he was a world-class know-it-all and he was paralyzed into inaction by his fears, ego and addiction.
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ISaidLifeIsJustAGame said:
There are two different cases with Tidal, Federal and Probate. The Federal Court is governed by the Federal Rules of Civil Procedure which is different that the Minnesota Rules of Civil Procedure. --I know there are two different courts. I am asking you again have you read any of this at all? Tidal is discussing the lawsuit and how a judge in the Federal case compelled them to find documents they should be able to obtain. My point is even a judge thinks it is odd that cannot get a hold of these docs. I have asked some questions that I think anyone would ask. | |
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