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Saturday, April 19, 2014
Prince Signs Major Deal With Warner Bros Records
Okay I hope this turns out in a good way, but you never know until it's all said and done. Years ago Prince had a deal with Warner Bros and they weren't releasing his music as fast as he wanted them to so he stopped recording new material and they eventually released some of the material he had in their vault. What most people don't know is that artist record more songs than are released on each album. So let's say I'm an artist and I am recording songs for my debut cd . I am not just going to record 10 songs and then release all 10 on that debut cd. I might record as many as 20 songs and then pick the BEST 10 to release as my debut CD. Well Prince writes and composes many songs in a week and some of those get recorded and some eventually end up on a cd. Anyway, in this new deal, Prince now ownership and control over his masters for this Warner Bros. catalogue. This is HUGE! That means he controls how they are released and when and he get 100% of the royalties. Also included in this new deal, Warner Bros will release a remastered 30th anniversary cd of Prince's 1984 Purple Rain. Wow, has it really been 30yrs? Time flies, eh? Well good luck Prince, hopefully you wont write slave on your face again and get into it with Warner Bros, like you did in 1993. (Crosses fingers. LOL)
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