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The Estate Of Prince Rogers Nelson Selects UMG To Manage Recordings

Prince
INGLEWOOD – FEBRUARY 19: Prince performs live at the Fabulous Forum on February 19, 1985 in Inglewood, California. (Photo by Michael Ochs Archives/Getty Images)

Deal Encompasses Prince’s Grammy-Winning NPG Records, Hits from Earlier Catalogs and Vast Collection of Unreleased Works

With this agreement, UMG becomes the home for Prince’s music publishing, merchandise and much of Prince’s recorded music. The deal provides an opportunity for UMG to work closely with Prince’s Estate and heirs to delight and thrill fans of all ages by creating innovative new products and experiences spanning the Rock & Roll Hall of Fame inductee’s many artistic outlets.

Under the terms of the deal, the Estate is licensing to UMG the 25 albums that Prince released through NPG Records, a label founded by the artist that includes Double Platinum- and Gold-certified albums Emancipation, Musicology and 3121. The agreement also provides for UMG and the Estate to collaborate with regard to Prince’s vault of prized unreleased works from throughout his career, including outtakes, demos and live recordings. In addition, beginning next year UMG will obtain U.S. rights to certain renowned Prince albums released from 1979 to 1995.

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