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Thread started 02/08/17 10:46am

laurarichardso
n

Article that claims NPG catalogue will be sold

https://www.ft.com/content/b0244118-ed9c-11e6-930f-061b01e23655

Article claims NPG catalog will be sold to the highest bidder. I am not sure if this is accurate as all of the siblings would have to agree and I do not think Tyka and Omar want to sell. But we will see

Prince’s music catalogue set for digital showcase

Return of albums to streaming sites to coincide with Grammy Awards on Sunday

Read next
Prince performing at Super Bowl XLI between the Indianapolis Colts and the Chicago Bears in Miami Gardens, Florida in 2007 © Getty
7 hours ago

by: Anna Nicolaou in New York

Prince’s estate is gearing up to unleash his music catalogue to Spotify and other digital music platforms this weekend, bringing one of music’s highest-profile holdouts back to streaming services at a time when they are helping the industry reverse its long sales slide.

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Music companies and Spotify are planning a splashy marketing campaign to debut the return of hit albums such as “Purple Rain” to streaming sites, almost two years after the late musician pulled his music from most online services.

Prince’s songs are set to return to Spotify, Apple Music, Amazon, Deezer and other sites around the time of the Grammy Awards on Sunday, which is expected to pay tribute to the late musician, according to people familiar with the plans.

Warner Music holds the licensing rights to the majority of Prince’s hit songs recorded before 1996, through a deal the singer-songwriter struck with its Warner Bros label in 2014.

The rest of his music, including his albums after 1996 and unreleased songs, are being auctioned off by Prince’s estate, with offers in the range of $40m to $50m, said one person familiar with the matter. The three major labels, Vivendi-owned Universal Music, Sony Music and Warner are vying for the coveted catalogue. “It’s a very hot auction,” one executive said.

Copies of the British newspaper The Mail on Sunday are seen on 15 July 2007 with the album Planet Earth by Prince © AFP

Charles Koppelman, an administrator of Prince’s estate, declined to comment. Spotify also declined to comment, although the company has put up purple billboards in New York subway stations, prompting speculation of Prince’s return.

Prince, one of the most successful pop stars of his generation, had clashed for decades with record labels, and later digital music companies, as he sought to fiercely protect his work. In 2015 he pulled his music from Spotify and other streaming sites except for Tidal, the company led by Jay Z. “Spotify wasn’t paying, so you gotta to shut it down,” he said at the time.

Other big stars have also hit out at sites such as Spotify and YouTube, which offer music for free — notably Taylor Swift, who pulled all her songs from Spotify in 2014. Her work has still not returned to the service.

A picture taken on July 22, 2010 in Paris shows issues of French weekly newspaper Courrier International distributed with Prince's album 20Ten for free © AFP

However, the record labels and some artists have warmed to streaming as more people sign up for access to 30m songs on services like Spotify and Apple Music. Sales from digital streaming grew more than 50 per cent last year, powering revenue growth at the big music companies, which receive royalty payments each time their songs are streamed. Some analysts say the growth in streaming will drive a turnround for the industry after more than a decade of falling album sales.

Prince’s contract with Warner Bros expired in 1996, after which he released several albums using his own label and experimented with selling music directly to fans through his website. In 2014, he re-signed with Warner and regained ownership of his catalogue, leaving the music label in prime position to benefit from his music becoming more available online.

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web.

-------

6 sibs split 50 million. They would be lucking to walk away 5 million a piece.

[Edited 2/8/17 11:24am]

[Edited 2/8/17 11:25am]

[Edited 2/8/17 11:31am]

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Reply #1 posted 02/08/17 1:54pm

antonb

Prince would be horrified if he was still alive! But sadly, hes not.

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Reply #2 posted 02/08/17 2:02pm

laurarichardso
n

antonb said:

Prince would be horrified if he was still alive! But sadly, hes not.


--- Well let us hope the two sibs fight this although they could face this same situation once they declared heir and if he had a will and left it too them they would have been free to sell it all. a
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Reply #3 posted 02/08/17 2:21pm

renfield

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If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked.

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Reply #4 posted 02/08/17 2:43pm

SomeSoldier

renfield said:

If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked.


From the fan point of view, all of it going to WB would be the best thing. It staying with he estate, while closer to what he wanted would probably be a disaster...
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Reply #5 posted 02/08/17 2:48pm

Latin

Prince's family posted this on Twitter today:

"We have and always will take the position that selling Prince's creations is not an option
Period
💜#PRNFamily"
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Reply #6 posted 02/08/17 3:49pm

laurarichardso
n

SomeSoldier said:

renfield said:

If this were to happen I guess I hope WB gets it. At least then all his work would be together, and it will make it less complicated to do things with his music (ALL of it, not just the pre-93 work) going forward. But ideally I'd like to see it all remain under the control of the estate with no label interference. That seems closer to what Prince would have liked.


From the fan point of view, all of it going to WB would be the best thing. It staying with he estate, while closer to what he wanted would probably be a disaster...

No, the family just needs to use the Llc already in place. Hire a attorney, accountant and a business manager. The Hendix family has done this and so have The Marley family does this as well. A large corporation will not care about the vault material and we will get to see "Creme" used in a Preparation H commercial. I am sure half the family is saying this is bull. None of us should be surprised that the industry wants exploit Prince's catalog when no one cared when he was alive.
[Edited 2/9/17 3:51am]
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Reply #7 posted 02/08/17 3:56pm

morningsong

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neutral

“Do I dare Disturb the universe?”
― T.S. Eliot

“Only by acceptance of the past, can you alter it”
― T.S. Eliot
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Reply #8 posted 02/08/17 4:12pm

rogifan

Family is denying this...
Paisley Park is in your heart
#PrinceForever 💜
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Reply #9 posted 02/08/17 6:36pm

luvsexy4all

maybe if the auction winner provides enough money they WILL sell

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Reply #10 posted 02/09/17 3:52am

laurarichardso
n

luvsexy4all said:

maybe if the auction winner provides enough money they WILL sell

Stupid to sell.

New article is saying licensing deal which makes more sense.

http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/

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Reply #11 posted 02/09/17 4:00am

jcurley

What's the difference between streaming and downloading. I still use cds !
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Reply #12 posted 02/09/17 4:06am

rogifan

laurarichardson said:



luvsexy4all said:


maybe if the auction winner provides enough money they WILL sell



Stupid to sell.



New article is saying licensing deal which makes more sense.


http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/


Hmm...

4SQcG.png
Paisley Park is in your heart
#PrinceForever 💜
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Reply #13 posted 02/09/17 6:17am

djThunderfunk

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jcurley said:

What's the difference between streaming and downloading. I still use cds !


With streaming the music is on a server somewhere and you have to have be connected to listen. If you download, the track is local on your device, you can make backup copies (even burn a CDR) and need no further connection to listen. wink

We were HERE, where were you?

4 those that knew the number and didn't call... fk all y'all!
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Reply #14 posted 02/09/17 3:12pm

IstenSzek

avatar

jezus christ the way this forum is being moderated it's a wonder
you'll get to see the latest news at all. if it wasn't for FB i would
have missed half the news this past year.

rolleyes

and true love lives on lollipops and crisps
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Reply #15 posted 02/09/17 3:44pm

SomeSoldier

IstenSzek said:

jezus christ the way this forum is being moderated it's a wonder
you'll get to see the latest news at all. if it wasn't for FB i would
have missed half the news this past year.

rolleyes


There was another perfectly valid thread going that got locked for who knows what reasons...
At least mod, could you change the title of this one, as it is no longer speculation, it is a confirmed deal!
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Reply #16 posted 02/09/17 3:57pm

rogifan

SomeSoldier said:

IstenSzek said:

jezus christ the way this forum is being moderated it's a wonder
you'll get to see the latest news at all. if it wasn't for FB i would
have missed half the news this past year.

rolleyes


There was another perfectly valid thread going that got locked for who knows what reasons...
At least mod, could you change the title of this one, as it is no longer speculation, it is a confirmed deal!

And it wasn't sold so it's a very misleading headline!
Paisley Park is in your heart
#PrinceForever 💜
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Reply #17 posted 02/09/17 4:38pm

IstenSzek

avatar

rogifan said:

SomeSoldier said:
There was another perfectly valid thread going that got locked for who knows what reasons... At least mod, could you change the title of this one, as it is no longer speculation, it is a confirmed deal!
And it wasn't sold so it's a very misleading headline!


yet somehow, it makes sense to this mod confused

and true love lives on lollipops and crisps
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Reply #18 posted 02/09/17 4:46pm

OnlyNDaUsa

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sold or given a licence to distribute?

"I was raped by the Arkansas AG who then becomes Governor & President..." Juanita Broaddrick
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Reply #19 posted 02/09/17 5:32pm

laurarichardso
n

OnlyNDaUsa said:

sold or given a licence to distribute?


-/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️
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Reply #20 posted 02/09/17 5:56pm

paisleypearl

laurarichardson said:

OnlyNDaUsa said:

sold or given a licence to distribute?


-/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️

Why is the media pressed to see the family lose control of the catalog?
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Reply #21 posted 02/09/17 6:08pm

laurarichardso
n

paisleypearl said:

laurarichardson said:


-/Licence this article has it wrong and it makes you wonder why the media is so pressed to see the family lose control of the catalog☹️

Why is the media pressed to see the family lose control of the catalog?

--Well it is a licencing so the family is not going to lose control but people need to think about how corporations are pressed to suck up intellectual property. I could see Universal down the road trying to buy the masters so I hope the gets the family has sharpe lawyers because blacks are always pushed to sell. The first thing the estate managers did was sell off the real estate.
[Edited 2/9/17 18:09pm]
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Reply #22 posted 02/09/17 6:15pm

luvgirl

rogifan said:[quote]

laurarichardson said:



luvsexy4all said:


maybe if the auction winner provides enough money they WILL sell



Stupid to sell.



New article is saying licensing deal which makes more sense.


http://nypost.com/2017/02/08/universal-closes-in-on-rights-to-trove-of-princes-music/


Hmm...

4SQcG.png[/quote

eek
I just want you here, I just want you near me baby, cause I'm scared I'll cry, I love you like crazy.
~RIP~
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Reply #23 posted 02/09/17 6:59pm

bonnie184

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Reply #24 posted 02/09/17 7:32pm

SPOOKYGAS

avatar

http://www.universalmusic.com/the-estate-of-prince-rogers-nelson-selects-universal-music-group-to-manage-iconic-artists-recordings/

[Edited 2/9/17 19:35pm]

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Reply #25 posted 02/09/17 7:35pm

SPOOKYGAS

avatar

http://www.universalmusic.com/the-estate-of-prince-rogers-nelson-selects-universal-music-group-to-manage-iconic-artists-recordings/

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Reply #26 posted 02/09/17 7:41pm

Iamtheorg

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I thought yall said Lon-Dell was the enemy?

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Reply #27 posted 02/09/17 7:53pm

jaawwnn

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Iamtheorg said:

I thought yall said Lon-Dell was the enemy?

Kudos to anyone who thinks they can see any kind of agreement on the org. I guess it explains your username.

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Reply #28 posted 02/09/17 9:54pm

databank

avatar

This is bad: Universal wouldn't know the difference between selling a music album and selling a washing machine sad

A COMPREHENSIVE PRINCE DISCOGRAPHY (work in progress ^^): https://sites.google.com/...iscog/home
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Reply #29 posted 02/09/17 11:44pm

CandaceS

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So a mod locks the other thread, and directs us to this thread with a completely misleading subject line (and misguided comments). SMH. disbelief

Here's the actual press release announcing today's deal:

http://www.prnewswire.com...04797.html

A good Billboard Magazine article about the deal:

http://www.billboard.com/biz/articles/news/record-labels/7685871/prince-estate-selects-universal-to-manage-npg-records

Another Billboard article, this time an interview with the much-maligned Londell McMillan and Charles Koppelman:

http://www.billboard.com/...l-mcmillan

"I would say that Prince's top thirty percent is great. Of that thirty percent, I'll bet the public has heard twenty percent of it." - Susan Rogers, "Hunting for Prince's Vault", BBC, 2015
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