23. "What's troubling to me is that there is no Prince Estate. " In response to In response to 21 Wed Oct-26-16 04:29 PM by Buddy_Gilapagos
Without a will, it seems really unclear what dude wanted to be done with his estate. It definitely doesn't seem like he had a plan for it to go to sisters (and half siblings).
One thing is for certain, if the estate is split up between a sister, and half siblings and nephews, nieces and cousins, aunts and uncles, it is almost certainly going to get sold.
>but i wouldn't want anyone to own those songs except Prince's >estate. > >ownership of his music was a KEY issue for Prince. he said he >would NEVER sell it. and he worked diligently trying to buy >his pre-1996 music catalog from Warner Brothers (note: he >owned all of his publishing for all of his songs except the >ones from the Batman Soundtrack). indeed, he DID manage to >secure the rights to his WB masters (at least in the USA) >(http://www.billboard.com/articles/business/7487785/prince-estate-publishers-pros-labels-catalog-greatest-hits): > >In 2014, the Warner Music Group gave Prince ownership of his >U.S. master recordings, through negotiation, instead of the >two sides pursuing litigation to see if a typical major label >recording contract's insertion of a work-for-hire clause would >be recognized in court. >...As part of the deal that gave Prince U.S. ownership of his >master recordings, WMG gets full control of issuing the albums >globally for the term of copyright. In exchange -- even though >copyright termination and reversion only exists in U.S. law -- >Prince received higher royalty rates around the globe. > > > >so to see his unreleased music sold to anyone just wouldn't >sit right w/me based on what i assume Prince would have >wanted.
********** "Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson