EXCERPT FROM THE MSNBC.COM ARTICLE:
In his eyes, he has been more successful on his own. He mentions two projects that sold more than 100,000 copies. For a superstar like Prince, by industry standards, that would be deemed a failure. “(But) I get all the money from that, so when you do the math on that, it’s a big day at the races,” Prince quips in his deep voice. “My bankers are very happy with me.” | |
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DavidEye said: jaypotton said: When did Londell become his "manager". I know he is his lawyer but I thought one of the big deals for Prince in the last 20 years was getting rid of having a manager (Steve Fargnoli) and managing himself (and advising young musicians to do the same) but drawing on business and legal advice from people on a needs basis. That means Londell gets paid per job (probably on a hourly rate). Londell seems to be Prince's unofficial manager/spokesperson these days...lol... YET ANOTHER EXCERPT FROM THE SAME MSNBC.COM ARTICLE: "Yet even Prince’s longtime lawyer, L. Londell McMillan, notes that Prince was ready for a larger audience to hear his new music." | |
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Somebody is managing him, he ain't calling up the Today Show and booking interviews himself. he ain't negotiating with Columbia himself. He ain't typing out the rider himself. Somebody's doing this stuff. Londell may even be acting in a manager/lawyer capacity, but one thing's certain, he ain't getting paid by the hour. He's making a percentage. | |
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4 sure cuz P doesn't even wipe his own ass | |
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TedW said: Somebody is managing him, he ain't calling up the Today Show and booking interviews himself. he ain't negotiating with Columbia himself. He ain't typing out the rider himself. Somebody's doing this stuff. Londell may even be acting in a manager/lawyer capacity, but one thing's certain, he ain't getting paid by the hour. He's making a percentage.
Well, Ronnie Lippin is his publicist. She would seem more likely to handle the bookings than Londell. | |
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Whats the value on the pop charts?
Brit has like 14-15 #1 Top 10 smash hit singles Madonna has over 46 Top 10 smash hit singles How many #1s does Prince have? Barely 7 ? | |
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TedW said: Nobody really has any idea, but I'd be surprised if Prince is worth as much as his superstar peers like Madonna or Sting or somebody like that. He's probably got a hundred milly or so when it's all said and done. His overhead is HUGE -- he keeps a band and crew on the payroll, a staff, wardrobe, chefs, etc... he's got that damn Paisley Park to keep going, an ex-wife, he absorbs all the production and manufacturing costs for his NPG albums, and Londell makes 15% of everything in any case as the manager.
The current tour is probably bought out by the promoter, but figure it like this: if he's grossing a little over a million per show, he's probably personally walking with a third of that before taxes. So on the twenty dates so far, let's say, that's roughly six million for him (plus the merchandising). 2004 will definitely be a good year for him. I think that Prince makes bank comparable to Madonna and Sting. I really do cause he tours constantly and that makes you money plain and simple. However I agree with you about the overhead. Whew! that man knows how to spend some money. I think that your tour projections to date are probably right but a little on the conservative side. Still I have to agree with you. Peace THE CARDINAL HAS SPOKEN!!! | |
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chiltonmusic said: TedW said: Nobody really has any idea, but I'd be surprised if Prince is worth as much as his superstar peers like Madonna or Sting or somebody like that. He's probably got a hundred milly or so when it's all said and done. His overhead is HUGE -- he keeps a band and crew on the payroll, a staff, wardrobe, chefs, etc... he's got that damn Paisley Park to keep going, an ex-wife, he absorbs all the production and manufacturing costs for his NPG albums, and Londell makes 15% of everything in any case as the manager.
The current tour is probably bought out by the promoter, but figure it like this: if he's grossing a little over a million per show, he's probably personally walking with a third of that before taxes. So on the twenty dates so far, let's say, that's roughly six million for him (plus the merchandising). 2004 will definitely be a good year for him. I think that Prince makes bank comparable to Madonna and Sting. I really do cause he tours constantly and that makes you money plain and simple. However I agree with you about the overhead. Whew! that man knows how to spend some money. I think that your tour projections to date are probably right but a little on the conservative side. Still I have to agree with you. Peace That new book "possessed" outlines it pretty much how he wastes so much of money he doesn't have on filming, recording and half baked projects that never saw the light of day. | |
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A ball of twine and a Snickers bar. | |
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Brit & Madonna are Hit Machines
Prince is just a _hit Machine He needs to get back in the studio with brutha Larry | |
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Britney Spears WHO ?
| |
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LarrytheGOD said: Whats the value on the pop charts?
Brit has like 14-15 #1 Top 10 smash hit singles Madonna has over 46 Top 10 smash hit singles How many #1s does Prince have? Barely 7 ? your info is totally wrong madonna only has 17 top 10 hits in the US P has about the same number of top 10 hits too. | |
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I'm really surprised that the tone on this thread has Prince almost on the verge of welfare, like he is scrambling for chump change. Has he taught you nothing? Prince is a VERY WEALTHY MAN, DO YOU GUYS KNOW THE MEANING OF PUBLISHING RIGHTS????? ROYALTIES! ROYALTIES! ROYALTIES! Everytime someone decides to cover one of his songs, or a song ends up in a movie, even that stupid compilation Warners put out, he gets paid.....he's definitely worth more that BS. Even if they are even money wise, he will always BE PAID. he doesn't have to whore himself out, his talent is his greatest asset. Even if Warners does own the masters of earlier work....HE STILL GETS MILLIONS from that alone. His back catalog is still selling in major retail outlets. The only time I've heard of him "being in financial trouble" was around the LoveSexy Period. He lost a lot of money on the expensive production of those shows and the album wasn't selling. Warners had to recoupe the money they advanced him. He made that money back quickly with his next album and touring. Currently, Prince has sold less, but made more$$$$$ than you average artist because he gets at least 80% of the profits from his cd sales alone. He cut out the middle man. Albums you think are failures made him a ton of money ie, "Emancipation" and "The Crystal Ball" He's got millions in sales from NPGMC and counting. Prince could fart on cd and just tour and he would come out a millionaire. Even this deal with Sony, he made sure he is still getting the lions share of the profits from this project, which he's made millions on already. Add the money from what he is still getting from Warners royalties plus his last couple of projects and this major popularity serge.
The man put a huge rock on his wifes finger, he still gets his clothes custom made, and he's got multi-million dollar property in Toronto, Minn., and Hawaii. Plus I'm sure he pays Londell ans his band well. You can't do all this stuff by only making a few dollars. Whatever monies he had to pay Warners or anyone else was taken care of a long time ago. Prince is on top, he's just got too much class to brag about it. | |
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TedW said: Somebody is managing him, he ain't calling up the Today Show and booking interviews himself. he ain't negotiating with Columbia himself. He ain't typing out the rider himself. Somebody's doing this stuff. Londell may even be acting in a manager/lawyer capacity, but one thing's certain, he ain't getting paid by the hour. He's making a percentage.
Yes, Prince does call these people up himself because he doesn't have a publicist and he doesn't belong to an agency. At the very least he would have a personal assistant dial the digits for him. He called up that Napster guy directly and told him to take his music off of Napster. He called Kevin Smith directly to come over to Paisley Park. He calls Jay Leno, He calls the Today Show. I'm sure he does work with Londell when he is negotiating deals, but you can bet that Prince has the final say in how things are run. Prince doesn't have people telling what to do and where to show up. He cut that crap out a loooonnnggg time ago. Londell is his advisor, not a manager. He's like Tom Hagen in the Godfather. | |
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First off, the man is wealthy. Although he doesn't own the master recordings, he is the sole owner to the copyrights which is totally different. Being the sole owner of said recordings, he can secure lines of credit, as all businesses do, with numereous banks here in America and abroad. Its really stupid to think that he will ever be destitute; not going to happen. He can generate revenue by strctly doing nothing.
Lastly, when Prince books something, like the grammy awards, his guitar tech, tackumi (sp) was the one who worked out the logistics and was the liason between the director and P. If contracts/agreements were to be signed, i'm sure Londell or one of his staff is there to perform such tasks | |
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A buck forty. All you others say Hell Yea!! | |
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asg said: LarrytheGOD said: Whats the value on the pop charts?
Brit has like 14-15 #1 Top 10 smash hit singles Madonna has over 46 Top 10 smash hit singles How many #1s does Prince have? Barely 7 ? your info is totally wrong madonna only has 17 top 10 hits in the US P has about the same number of top 10 hits too. http://www.keithers.com/m...hart4.html look it up the pop charts... Madonna has 4X World as much as Prince | |
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2freaky4church1 said: A buck forty.
"Three Fity" says Chef's Momma | |
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mmmmm Britney!
yes she's worth every last dime! and her music is ok | |
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LarrytheGOD said: 2freaky4church1 said: A buck forty.
"Three Fity" says Chef's Momma 750 mil.....thats cus he stays sober. | |
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LarrytheGOD said: He needs to get back in the studio with brutha Larry Wash your filthy fucking mouth out. He needs to get in the studio and lock the door so Larry G is kept the fuck out of there. | |
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I couldn't give a Fig what he makes but surely I'd still give him my Pussy any Damn Day o the week or better yet doing the Freak up against the Bumper as he pulls Inside. Who cares about his Bank it's all about his STICK and his Glide and Baby oh Baby his Motion in my OCEAN as he said Baby oh Warm,oh warm.. I just want his Cum Fuck his $$$! Who Cares bout that shit when ya withPrince it's All about Sex..Fuck Money! [This message was edited Sun May 16 16:49:07 2004 by Zelaira] | |
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You can call me a Pig or Such but I wanna be his Filthy Whoreish Night slut Forever. He makes me Hot and I wanna wear Dirty lWhore Boots for him...I wanna get Blasted and walk Crooked in those boots with a short skirt and a Nasty thong.. I wanna d o THINGS 2 him.... | |
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I Love Prince ...I have since a Teenager and he owns my Pussy. I would do anything he Asked me to... I think he's such a Hot piece ..I just Go Wild..He's a Fox! | |
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Zelaira said: I couldn't give a Fig what he makes but surely I'd still give him my Pussy any Damn Day o the week or better yet doing the Freak up against the Bumper as he pulls Inside. Who cares about his Bank it's all about his STICK and his Glide and Baby oh Baby his Motion in my OCEAN as he said Baby oh Warm,oh warm.. I just want his Cum Fuck his $$$! Who Cares bout that shit when ya withPrince it's All about Sex..Fuck Money!
[This message was edited Sun May 16 16:49:07 2004 by Zelaira] dam girl prince is not about that shit anymore and you sound like you need to be on a fucking sex hot line or something dam he probally would not want to slide his anything in you anyway dam ..take a cold shower you sound like a hoe | |
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Yo, if I'm a Ho then at Least I have a Mission Right? | |
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Zelaira said: Yo, if I'm a Ho then at Least I have a Mission Right?
god you're fucking scary sometimes. by the way, you know that what do u want me 2 do is about women like you yeah? its just kinda funny you go on like this when prince himself has written a song hating on it! | |
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Zelaira said: I couldn't give a Fig what he makes but surely I'd still give him my Pussy any Damn Day o the week or better yet doing the Freak up against the Bumper as he pulls Inside. Who cares about his Bank it's all about his STICK and his Glide and Baby oh Baby his Motion in my OCEAN as he said Baby oh Warm,oh warm.. I just want his Cum Fuck his $$$! Who Cares bout that shit when ya withPrince it's All about Sex..Fuck Money!
Zelaira,are you really Natasha? | |
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UWISH415DD said: Its ironic people like Brittney make all that money and with no talent ,,,, shes not worth 50cents ,[color=red:8c85f0146b][/color]
yeah that no talent bitch...been in showbiz since she was a child...what does she know? | |
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thebumpsquad said: LarrytheGOD said: He needs to get back in the studio with brutha Larry Wash your filthy fucking mouth out. He needs to get in the studio and lock the door so Larry G is kept the fuck out of there. Better in the studio then at the concerts preaching the good word? Somebody has to slap bass bless those free copies. | |
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