Michael Howe was in charge of organizing and digitizing all the music from the vault and other sources, as well as digitizing ephemera (paper, photography, etc). Maybe that part of the work is done? I don't know why he'd be out.

I hate to see a gigantic corporation (Primary Wave) take charge; Comerica was acting AS Prince (that's what a Personal Representative does) and I think they've done well.

McMillan doesn't have a big share, just some of the two older sisters' expectancies in exchange for paying their court costs. We have to remember that someone being fired by Prince doesn't necessarily mean they're a bad person. He fired or let go of everyone, at some point. I know many don't like him and there are some business reasons why but he did good favors for Prince while employed (like getting him out of that WB contract).

I am most disappointed in Tyka, Omarr and the late Alfred for selling off *everything* they were going to receive. I hope that means they have decent plans to actually reinvest in Paisley. Tyka's son Pres is working there and seems to be a good guy.

I hope putting Paisley Park into its own LLC, with the warehouse part of that company, means it will be able to operate independently.
Remember when Priscilla Presley (and her daughter) sold off everything that Elvis owned, EXCPT for Graceland itself and its contents? I'm wondering if that's the plan here.
Paisley needs to support itself and it can, with support from the fam. There was no mortgage. It requires employees, utilities and maintenance. Paisley Park was the only personal home Prince everowned that he didn't destroy. It was his pride and joy.

love2thenines2003 said:

..from what I heard Michael Howe and Troy Carter are out from the new Estate

There is no "new estate". It's the same estate that has existed since the court first assigned Bremer and now Comerica to represent Prince.

What's in place now seems to be working towards dispersing the assets. Training those who will take over, etc. The high-priced people may have done their jobs and are leaving as part of the upcoming transition.

When the transition to the heirs and PW takes place, then we'll see how things change.

Did I miss something? Why is Comerica suing Tyka? Looks like they have a court date set for 7/29 and the local media was granted access.

Announcement: 1:30pm Central Time, Friday, July 29th, 2022.

The court has approved WCCO television to record and/or broadcast the "final disbursement hearing of the Prince Estate". Along with the television folks, Tyka Nelson was listed as applicant.

I do not know if the coverage will be live online or what, but it might not hurt to check. Correct the time for your time zone, of course. From the estate website:

https://www.mncourts.gov/mncourtsgov/media/High-Profile-Cases/10-PR-16-46/Order-Regarding-Visual-or-Audio-Coverage.pdf

motherfunka said:

Did I miss something? Why is Comerica suing Tyka? Looks like they have a court date set for 7/29 and the local media was granted access.

Tyka is not being sued. This is the final court action. See my announcement.

laytonian said:

FrankieCoco1 said:

laytonian said:

Tyka is not being sued. This is the final court action. See my announcement.

Ah, that makes sense now, since one of the latest documents shows “Comerica (plaintiff) versus Tyka Neson et al (defendant) - the “et al” I missed initially. Thanks Laytonian, will be worth a watch.

Yes. Comerica can't leave without a judge's ruling so it's filed as a lawsuit -- and maybe Comerica doesn't want to leave LOL.
I think they've done a great job.

laytonian said:

motherfunka said:

Did I miss something? Why is Comerica suing Tyka? Looks like they have a court date set for 7/29 and the local media was granted access.

Tyka is not being sued. This is the final court action. See my announcement.

Ah, thanks! Let the real shit show begin!

I think the music will be well cared for.

I am concerned where Paisley Park LLC will end up. It consists of the building, his personal effects, and the nearby warehouse. It may also include the Newton property, the Purple Rain house and the property across the street for Paisley.

I am hoping that Tyka (and Omarr?) received enough money from selling to PW that they can buy out the remaining heirs' interests in Paisley Park LLC. That should stay within the family.

I have one hope that it may actually happen: Tyka's son Pres seems to have a management position/oversight of Paisley Park. He seems like a well-grounded guy.

Wish I could watch it, but of course I have to work.

PennyPurple said:

Wish I could watch it, but of course I have to work.

I'll be checking the WCCO website; they were good about keeping the video of Prince at age 11 online. I'll post whatever is said, if it's not to legalese stuff

Any feedbacks ??

thanx

I was unable to watch. I checked the WCCO news site and see nothing. Maybe they filmed it for broadcast later, rather than "live".

We can all look at the Star Tribune and St Paul Pioneer Press; I'm sure they'll summarize.

KSTP Article

Court approves deal to distribute assets, close Prince’s estate

https://kstp.com/kstp-new...wGq7VTHEFM

[Edited 7/29/22 14:24pm]

motherfunka said:

Ah, thanks! Let the real shit show begin!

Yep.

Be Ready for the big Shits to come

"Sharon Nelson talks with WCCO reporter Reg Chapman following today’s final #Prince probate hearing in Carver County. Flanked by Londell McMillan and Charles Spicer, she was joined by several of Prince’s nieces and nephews. The first order of biz: return vault contents to MN."

They’re perfectly fine (and safe) where they are!!! This is the 1st in what’s going to be a series of mess they will throw our way

......1st release rumoured >>>>> A BOOK!!

love2thenines2003 said:

Be Ready for the big Shits to come

"Sharon Nelson talks with WCCO reporter Reg Chapman following today’s final #Prince probate hearing in Carver County. Flanked by Londell McMillan and Charles Spicer, she was joined by several of Prince’s nieces and nephews. The first order of biz: return vault contents to MN."

They’re perfectly fine (and safe) where they are!!! This is the 1st in what’s going to be a series of mess they will throw our way

......1st release rumoured >>>>> A BOOK!!

Now we know why Michael Howe (who was digitizing and orgganizing everything) was let go. Rather than the safe, secure environment of Iron Mountain, let's bring all those tapes and pieces of paper to humid Minnesota.
The elders and PW will have a gigantic, costly fight on their hands. People who BARELY KNEW Prince are now making decisions.

The "second book" sounds like the rest of the pages that were initially rumored.

Here's a description of how things are divided.
https://www.kaaltv.com/minnesota-news/court-approves-deal-to-distribute-assets-close-princersquos-estate/6537395/

Letting Michael go, and returning The Vault to Paisley is not a good sign of things to come.

ISaidLifeIsJustAGame said:

Letting Michael go, and returning The Vault to Paisley is not a good sign of things to come.

Agreed. There's a lot of people out there who seem to think that the elders keeping their share rather than selling out is a good thing. I'm doubtful.

And now it begins.

"We are free at last, thank God almighty, we are free," said Sharon Nelson, Prince's sister. "It's been a long, long grueling six years."

"What's the most important thing that you think about when you think of Prince? The music, absolutely, and where is it? It isn't here," Nelson said. "So were going to bring it back, that's what we're going to do."

"Once we get the music, they're going to get the real good sound that they should have had 6 years ago."

What does this mean

lustmealways said:

Mumio said:

ISaidLifeIsJustAGame said:

Letting Michael go, and returning The Vault to Paisley is not a good sign of things to come.

Agreed. There's a lot of people out there who seem to think that the elders keeping their share rather than selling out is a good thing. I'm doubtful.

I was actually shocked that Mattie's kids were the ones to sell out (OAT Holdings) rather than the elderly folks (John's children with Vivian). So strange.

Landonfunkmonkey said:

Personally I thought the first book was a waste of Money. Why on earth release another one. Two years ago things we looking hopeful for acsteady stream of Vault releases. As of now the outlook is very,very bleak

Seriously? I thought his writings were intelligent and revealing. Seeing his "scrapbook" photos, and what was missing (Owen Husney photos) said a lot.
Maybe you should re-read it?
Maybe you didn't get to his actual writings, halfway through the book?