Prince s Estate: What s Next for the Purple Legacy?

[MummyChunk]

Prince, the legendary musician and icon, passed away in 2016, leaving
behind a vast and valuable estate that includes his music catalog,
unreleased recordings, Paisley Park studio, and more. However, he did
not leave a will, which sparked a long and complicated legal battle
among his six heirs and various parties who claimed a stake in his
fortune.

After six years of litigation, the estate was finally valued at $156.4
million and divided between two entities: Prince Legacy LLC and Prince
OAT Holdings LLC. The former is run by three of Prince s half-siblings
and their advisers, while the latter is owned by music publisher
Primary Wave, which acquired the interests of the other three heirs.

But what does this mean for the future of Prince s legacy and his
fans? What can we expect from the new estate managers in terms of
releases, projects, and preservation? Here are some of the rumors and
speculations that have been circulating online:

New Releases
Since Prince s death, his estate has released several posthumous
albums, deluxe editions, and reissues of his classic works, such as
Purple Rain, 1999, and Sign O The Times. These have been
well-received by critics and fans alike, who have enjoyed discovering
new gems and revisiting old favorites from Prince s vast and diverse
discography.

However, since the estate exited probate last year and was handed over
to the new entities, there has been a slowdown in the release
schedule. The only new album that came out in 2021 was Welcome 2
America, a previously shelved project from 2010 that featured Prince s
commentary on social and political issues.

According to some sources, the new estate managers are planning to
release three new albums in 2022, following the usual spring, summer,
and autumn pattern.

These are rumored to be:

A deluxe edition of Diamonds and Pearls, Prince s 1991 album that
spawned hits like Cream and Gett Off . This is expected to include
remastered tracks, B-sides, remixes, and unreleased material from the
era.

A deluxe edition of Love Symbol, Prince s 1992 album that marked his
name change to an unpronounceable glyph. This is expected to include
remastered tracks, B-sides, remixes, and unreleased material from the
era, as well as a DVD of the 3 Chains O Gold movie that accompanied
the album.

A new compilation of Prince s piano and microphone recordings, similar
to the 2018 album Piano & A Microphone 1983. This is expected to
include rare and unreleased solo performances by Prince on piano and
vocals, spanning different periods of his career.

These releases are yet to be officially announced, but they have been
hinted at by leaked photos and promotional materials. Fans are eagerly
awaiting more details and confirmation from the estate.

New Projects
Aside from new releases, the estate is also working on some new
projects that aim to showcase Prince s legacy and influence in
different media and platforms. These include:

A Netflix documentary series, directed by Ava DuVernay, that will
explore Prince s life and career through archival footage, interviews,
and music. This project was announced in 2018, but has been delayed
due to the pandemic and the estate s transition. Rumors have
circulated that the current estate is not happy with the deals made
under the previous administration, and that this has caused serious
setbacks to the Netflix project. However, DuVernay has assured fans
that the project is still in the works and that she is honored to be
involved.

A Broadway musical, produced by Universal Music Group, that will
feature Prince s songs and tell a fictional story inspired by his
themes and style. This project was announced in 2019, but has also
been delayed due to the pandemic and the estate s transition. No
further details have been revealed, such as the title, cast, or
creative team, but fans are hoping for a high-quality production that
will honor Prince s musical genius and vision.

A biopic film, produced by Universal Pictures, that will focus on
Prince s early years and his rise to fame. This project was announced
in 2020, but has also been delayed due to the pandemic and the
estate s transition. No further details have been revealed, such as
the title, cast, or director, but fans are hoping for a realistic and
respectful portrayal of Prince s life and personality.

These projects are still in the development stage, and there is no
official timeline for their completion or release. Fans are hoping
that the estate will provide more updates and information soon.

Conclusion Prince s estate has been through a lot of changes and
challenges since his untimely death in 2016. After six years of legal
battles, the estate was finally valued and divided between two
entities: Prince Legacy LLC and Prince OAT Holdings LLC. These
entities are now responsible for managing and preserving Prince s
legacy and his fans interests.

The new estate managers have promised to release new albums, projects,
and merchandise that will celebrate Prince s musical genius and
vision. However, they have also faced some delays and difficulties due
to the pandemic and the estate s transition. Fans are eager to see and
hear more from Prince s vault, but they also want to make sure that
his artistic integrity and quality are respected and maintained.

Prince was a unique and influential artist who left behind a rich and
diverse catalog of songs, albums, and performances. He also had a
complex and fascinating life story that inspired and challenged many
people. His estate has a huge responsibility and opportunity to honor
and share his legacy with the world. Hopefully, they will do so in a
way that reflects Prince s spirit and style.