Prince’s Estate Sold Almost Half Of The Late Singer’s Rights To A New York Publisher

This past Friday, Prince’s estate released Welcome 2 America, the late singer’s first full album solely comprised of previously unreleased material. The 11-track project — which was recorded back in 2010 prior to his Welcome 2 America tour — captured Prince’s concerns, hopes, and visions for society at that moment and how he believed politics, disinformation, and the growing push for social justice would affect the world in the future. Now his estate has made some new moves that may make even more of his work more accessible.

According to the Minneapolis Star Tribune, the late singer’s three youngest siblings agreed to sell a large portion of their inheritance in the estate to Primary Wave, an independent New York music publisher and talent management company, which is in control of a catalog that also includes music from Ray Charles, Nirvana, and more.

According to Rolling Stone, the exchange grants Primary Wave the rights to Prince’s name and likeness, royalties from his masters and publishing rights, as well as his beloved Paisley Park studios. The late singer’s three oldest siblings — Sharon, Norrine, and John Nelson — have all said they have no plans to sell any part of their stake in the estate. “We’ll never sell out. We know the prize,” Sharon said to the Minneapolis Star Tribune.

L. Londell McMillan, a New York lawyer that represents Sharon, Norrine, and John Nelson shared a statement on behalf of the trio. “There’s not much anyone can do about family members who sell out for the dollar,” he said. “That’s their right.”

Prince is a Warner Music artist. .