The six-year battle over Prince’s estate has finally ended following the approval of an agreement between parties over the late singer’s 156 million estate.
Comerica Bank & Trust — the estate’s administrator — and the IRS revealed the valuation at a hearing in Jan. 2022, a figure that encompasses both Prince’s real estate holdings and the value of his catalog and legendary vault of unreleased recordings, the Star Tribune previously reported. A Minnesota judge signed off on the agreement at a hearing Friday, July 29.
The valuation was previously agreed upon by...
Comerica Bank & Trust — the estate’s administrator — and the IRS revealed the valuation at a hearing in Jan. 2022, a figure that encompasses both Prince’s real estate holdings and the value of his catalog and legendary vault of unreleased recordings, the Star Tribune previously reported. A Minnesota judge signed off on the agreement at a hearing Friday, July 29.
The valuation was previously agreed upon by...
- 8/3/2022
- by Daniel Kreps
- Rollingstone.com
Following buyouts from multiple heirs, the independent music publisher and talent management company Primary Wave has acquired a significant stake in Prince’s estate.
As the Minneapolis Star Tribune first reported, Primary Wave last month bought out 100 percent of interest in the estate from Omarr Baker, Prince’s brother. Primary Wave had previously cut deals for rights from two of Prince’s other heirs, buying 90 percent of his sister Tyka Nelson’s stake and 100 percent of late half brother Alfred Jackson’s. As part of the deals, Primary Wave will...
As the Minneapolis Star Tribune first reported, Primary Wave last month bought out 100 percent of interest in the estate from Omarr Baker, Prince’s brother. Primary Wave had previously cut deals for rights from two of Prince’s other heirs, buying 90 percent of his sister Tyka Nelson’s stake and 100 percent of late half brother Alfred Jackson’s. As part of the deals, Primary Wave will...
- 7/30/2021
- by Ethan Millman
- Rollingstone.com
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