It now appears that the Prince’s estate, which is currently being handled by Comerica Bank, has come to an agreement with Sony Music Entertainment to release some Prince’s music. Sources tipped the news to Variety.
The deal would follow a fiasco last year involving Universal Music Group, one in which a $31 million deal set up by former administrative group Bremer Trust fell through.
Details on the current deal are sparse at the moment. But it’s speculated that this involves the same music that would have been released under the Universal arrangement, had that deal been successful.
At this stage, it looks like anything Prince has ever recorded after he left Warner Music Group in 1996 is fair game. That’s a lot music: Prince himself stated that he literally had thousands unreleased recordings. At one stage, the artist was reportedly recording a song a day.
Of course, many fans are excited about the possibility hearing unreleased Prince music. But the context isn’t ideal.
After his death, Prince’s sister Tyka Nelson, his only known full-blooded sibling and the artist’s closest family member, stated that she had no knowledge a will being created by her brother. Since then, the Prince estate has been handled by numerous court-appointed administrators, complicating the matter further.
In addition to Tyka, Prince also has 5 living half-siblings, none whom were on good terms with the artist. Then there’s the sad woodwork folks claiming to be either a sibling or child the late artist.
If the passing Michael Jackson has taught us anything, it’s that these sorts things tend to get very complicated and very ugly. Already, Prince’s estate is heading in the same direction. Many Prince’s half-siblings were against the Universal deal, so it’s safe to assume that not all them are on board with this alleged Sony Music deal.
And what would Prince have done?
Something else to take into consideration is the desire Prince himself, who was fiercely overprotective his music. Some fans consider posthumously releasing the music as disrespectful to the artist.
And they’re probably right. After all: why didn’t Prince release the tracks when he was alive?