If there is one thing that we know about Prince is that he believed in Jay Z and Tidal. So much so that the late icon gave Tidal exclusive rights to his entire Prince catalog before he died.
Now with Prince gone Jay Z is making a serious effort to keep Prince’s music and his unreleased recordings with Tidal.
Jay Z is reportedly going all in to secure the treasure trove of unreleased music left behind by Prince.
According to TMZ, the rap mogul flew Prince’s sister, Tyka Nelson, and her husband, Maurice Phillips, out to New York City to meet with him.
Sources close to Prince’s family say Jay made an offer of around $40 million TMZ reported.
Although Tyka is Prince’s only full sibling, all of their half brothers and sisters would have to sign off on the deal, as well as the trust that is managing the estate.
Word is that Jay Z is still in the running to get the overall deal for streaming rights, but it will be very expensive and there are some major players in the game, notes TMZ.
On November 22, Warner Bros records, through an arrangement with Prince’s NPG Records will be the first company to release Prince music after his death, with a 40-track greatest hits collection called Prince 4Ever arriving on Nov. 22, and a deluxe edition of the artist’s biggest-selling album, 1984’s Purple Rain — including a full album of previously unreleased material slated for early next year.
Category: Celebrity news