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Primary Wave Scores Majority Stake in Prince’s Estate
The firm has secured the majority stake in the late artist’s masters, publishing rights, name and likeness and Paisley Park

ETHAN MILLMAN
JULY 30, 2021 4:31PM EDT


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The independent music publisher and talent management company Primary Wave has acquired a majority ownership in Prince’s estate.

As the Minneapolis Star Tribune first reported, Primary Wave last month bought out 100 percent of interest in the estate from Omarr Baker, Prince’s brother. Primary Wave had previously cut deals for rights from two of Prince’s other heirs, buying 90 percent of his sister Tyka Nelson’s stake and 100 percent of late half brother Alfred Jackson’s. As part of the deal, Primary Wave will get a significant stake in Prince’s royalties from his masters as well as a portion of his writer’s share name and likeness and famous Paisley Park property.

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