Cyrus Langhorne
Music mogul Jay Z may have just lost one two times. New reports claim Young Hov had a $40 million bid for late music icon Prince’s estate rejected and could have issues with streaming service TIDAL releasing his multiple albums.
According to reports, Young Hov’s pricey bid could not win over Team Prince in an attempt to grab his audio stash.
Sources involved in the deal tell TMZ the estate fired off a letter to Jay’s team last month, saying it had no interest in signing a deal for “Roc Nation to exploit any of the intellectual property assets of the Estate.” More bad news — the estate is calling out Tidal for making 15 Prince albums available for streaming a couple months after his death. Those releases were unauthorized according to the estate. (TMZ)
In late October, buzz developed about Jigga wanting to land Prince’s music.
We were unable to confirm the figure from Jay’s camp. But there was a rub. Tyka may be Prince’s only full sibling, but she has to get sign-off from all the brothers and sisters, in addition to the trust that is managing the estate. Word is that JZ 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. (TMZ)
Back in June, Jay’s TIDAL music streaming service treated subscribers to Prince songs.
And to help keep spirits up, Tidal did Prince fans proud by releasing 15 rare albums by the music icon, making them available to subscribers of the streaming service. The massive collection of b-sides, unreleased tracks and live albums that became available Tuesday on Tidal includes “New Power Soul,” “The Rainbow Children” and “The Black Album,” among others. (CBS News)
Last spring, details on what ultimately ended Prince’s life surfaced.
The singer Prince died of an opioid overdose, a US law enforcement official has told the Associated Press. The official, who is close to the investigation, said this was established by tests after the singer’s death in April at his Minneapolis home. Detectives have already questioned a doctor who saw 57-year-old Prince twice in the weeks before he died. (BBC)
