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Thread started 02/09/17 7:37am

jseven

Prince Estate Selects Universal to Manage NPG Records Catalog, Unreleased Works

https://twitter.com/drfunkenberry/status/829714862456479744

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http://www.billboard.com/articles/business/7685869/universal-music-prince-npg-catalog-licensing-recordings

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As expected, the Universal Music Group has announced a multi-year agreement with Prince's estate and NPG Records, granting the major label group exclusive licensing rights to much of the late artist's catalog of released and unreleased works.

Under the deal, the estate is licensing the 25 albums Prince released under the NPG Records label, including Emancipation, Musicology and 3121, plus UMG can now work with the estate on the artist's vault of career-spanning unreleased works. Beginning next year, UMG will obtain the U.S. rights to what it describes as "certain renowned albums" released by Prince between 1979 and 1995 -- though that's as specific as they're getting. That time period comprises Prince's initial deal with Warner Bros. -- by far his most commercially and critically successful era. Warner announced a deal late last year to release some of that material, including an expanded edition of Purple Rain featuring unreleased materlal.

"Prince was one of the greatest musical talents of all time -- an incomparable genius as a performer, recording artist and songwriter," said UMG chairman and CEO Lucian Grainge. "UMG is committed to honoring Prince’s legacy and vision by creating the highest quality products and experiences."

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The agreement means UMG is now the home for much of Prince's recorded music, plus publishing rights and merchandising. Universal's publishing arm, UMPG, announced in November that it had become the exclusive worldwide publi...inistrator for Prince's entire catalog. At the time, negotiations for the licensing rights to much of Prince's overall catalog, as well as to four decades’ worth of unreleased material, were ongoing.

Longtime Prince associates L. Londell McMillan and Charles Koppelman represented the estate in both negotiations. "I am thrilled the NPG catalog and Prince’s highly sought after unreleased recordings will reside with UMG, where we have found a partner who is passionate about presenting Prince’s music with a holistic vision that celebrates his iconic status across recorded music, publishing and merchandise and will continue to deliver the highest quality experiences that fans have come to expect," commented McMillan. "I'm looking forward to seeing Lucian and Michele achieve great things for Prince’s fans, his estate and heirs."

Billboard will have more on this story as it develops.

Silence Speaks A Thousand Words.
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Reply #1 posted 02/09/17 7:38am

jseven

this line right here is interesting;

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Beginning next year, UMG will obtain the U.S. rights to what it describes as "certain renowned albums" released by Prince between 1979 and 1995 -- though that's as specific as they're getting.

.

Silence Speaks A Thousand Words.
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Reply #2 posted 02/09/17 7:40am

morningsong

Looks like that answers that. Managing not selling.
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Reply #3 posted 02/09/17 7:56am

rogifan

morningsong said:

Looks like that answers that. Managing not selling.

In iTunes all of Prince's music says ℗(year) NPG Records, Inc. under exclusive license to Warner Bros. Records Inc. So is Warner being replaced by UMG for all of Prince's WB records? I'm assuming this means NPG still owns the sound recording copywrite, it's just being licensed to UMG to manage?

If this means the stuff from 1994-2013 will become more easily available to purchase and listen to then 👍🏻.
[Edited 2/9/17 7:57am]
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Reply #4 posted 02/09/17 8:08am

rogifan

uxaV.png
Paisley Park is in your heart
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Reply #5 posted 02/09/17 8:32am

RicoN

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jseven said:

this line right here is interesting;

.

Beginning next year, UMG will obtain the U.S. rights to what it describes as "certain renowned albums" released by Prince between 1979 and 1995 -- though that's as specific as they're getting.

.




Surely Warners would have somethign to say about that.

Hamburger, Hot Dog, Root Beer, Pussy
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Reply #6 posted 02/09/17 8:33am

smoothcriminal
12

Awesome. Glad to see progress being made to uphold the legacy of this prolific genius.

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Reply #7 posted 02/09/17 8:49am

SomeSoldier

jseven said:

this line right here is interesting;


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Beginning next year, UMG will obtain the U.S. rights to what it describes as "certain renowned albums" released by Prince between 1979 and 1995 -- though that's as specific as they're getting.


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No idea if it how this is possible, but personally I'd be pleased if the whole catalogue is handled by the same company, irrelevant of what company it is.
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Reply #8 posted 02/09/17 8:51am

BoraBora



If I'm not wrong, reading the article it looks like UMG will have rights only to unreleased works from 1995 to 2016, not at unreleased works copyrighted during the WB era.



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Reply #9 posted 02/09/17 8:55am

SomeSoldier

BoraBora said:



If I'm not wrong, reading the article it looks like UMG will have rights only to unreleased works from 1995 to 2016, not at unreleased works copyrighted during the WB era.




It says 'career-spanning unreleased works'
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Reply #10 posted 02/09/17 8:56am

love2thenines2
003

BoraBora said:



If I'm not wrong, reading the article it looks like UMG will have rights only to unreleased works from 1995 to 2016, not at unreleased works copyrighted during the WB era.



....humm....more than that it seems !

"“The agreement also provides for UMG and the Estate to collaborate with regard to Prince’s vault of prized unreleased works from throughout his career, including outtakes, demos and live recordings. In addition, beginning next year UMG will obtain US rights to certain renowned Prince albums released from 1979 to 1995.”

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Reply #11 posted 02/09/17 8:57am

BoraBora

SomeSoldier said:

BoraBora said:



If I'm not wrong, reading the article it looks like UMG will have rights only to unreleased works from 1995 to 2016, not at unreleased works copyrighted during the WB era.



It says 'career-spanning unreleased works'



On the line above says "exclusive licensing rights to much of the late artist's catalog of released and unreleased works".

Obviously I hope you're right.

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Reply #12 posted 02/09/17 9:00am

SomeSoldier

BoraBora said:



SomeSoldier said:


BoraBora said:



If I'm not wrong, reading the article it looks like UMG will have rights only to unreleased works from 1995 to 2016, not at unreleased works copyrighted during the WB era.





It says 'career-spanning unreleased works'



On the line above says "exclusive licensing rights to much of the late artist's catalog of released and unreleased works".

Obviously I hope you're right.


We are obviously not understanding the same. English is not my first language, so I guess I'm probably wrong, but I understand the non WB albums and all the unreleased work. Plus it hints that from next year they also get the classic albums. But I have no idea how that would happen, unless they've paid WB a lot of money...
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Reply #13 posted 02/09/17 9:04am

BoraBora

SomeSoldier said:

BoraBora said:



On the line above says "exclusive licensing rights to much of the late artist's catalog of released and unreleased works".

Obviously I hope you're right.

We are obviously not understanding the same. English is not my first language, so I guess I'm probably wrong, but I understand the non WB albums and all the unreleased work. Plus it hints that from next year they also get the classic albums. But I have no idea how that would happen, unless they've paid WB a lot of money...



I'm like you, English isn't my first language, so I could be wrong and you right, no problem at all.

Let's hope the rights are to the entire vault.

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Reply #14 posted 02/09/17 9:07am

rogifan

TIZb4.png
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Reply #15 posted 02/09/17 9:09am

laurarichardso
n

RicoN said:



jseven said:


this line right here is interesting;


.


Beginning next year, UMG will obtain the U.S. rights to what it describes as "certain renowned albums" released by Prince between 1979 and 1995 -- though that's as specific as they're getting.


.







Surely Warners would have somethign to say about that.


No they will not I suspect the licensing deal with Warner Brothes had end date and to be honest the did a horrible job marketing AOA and Prince Forever. Not sorry to seem them leaving the picture. I hope this deal is structured so that Universal is going to be a real partner with the estate.
[Edited 2/9/17 9:11am]
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Reply #16 posted 02/09/17 9:10am

IstenSzek

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how, how, how, how ... interesting

and true love lives on lollipops and crisps
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Reply #17 posted 02/09/17 9:11am

laurarichardso
n

rogifan said:

TIZb4.png

Good I hope this means NPG music will live on as independently using peer to peer which is something Prince was starting to do.
[Edited 2/9/17 9:12am]
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Reply #18 posted 02/09/17 9:12am

RodeoSchro

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Awesome, thank you for posting that here, Doc!

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Reply #19 posted 02/09/17 9:44am

CandaceS

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Full press release here:

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

"The agreement also provides for UMG and the Estate to collaborate with regard to Prince's vault of prized unreleased works from throughout his career, including outtakes, demos and live recordings." excited

"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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Reply #20 posted 02/09/17 2:23pm

GTsymbolover

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Reply #21 posted 02/09/17 2:55pm

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