Jay Z Makes Bid to Buy Prince's Unreleased Music

  /  10.26.2016

Jay Z is reportedly looking to purchase the unreleased music from Prince’s legendary vault at Paisley Park.

According to TMZ, Young Hov met with Prince’s only full sibling Tyka and her husband Maurice Phillips weeks ago to discuss the deal. He reportedly flew the couple to New York for the meeting.

Insiders say Jay made an offer of $40 million. However, Tyka doesn’t have full rights to sign-off on a deal of that magnitude. Instead, it needs to be approved by all of Prince’s siblings and the trust managing the late star’s estate.

Jigga is still trying to get a deal for streaming rights on that material, but other “major players” are also in the same fight, according to the report.

Prior to his death, Prince’s music was exclusively streaming on TIDAL. In December 2015, he told Ebony why he sided with Jay Z in the streaming wars.

HITNRUN sounds like today,” he said of his 2015 album. “TIDAL is sinking money into it and they need it. And my heart is always on because I want them to do well. [Beyoncé and Jay Z] have taken a lot of abuse, their family has. A historic amount of abuse between the two of ’em. And when we win on this, none of us’ll gloat. He’s not the gloating type anyway. He’s slick with his. He says to brush the dirt off your shoulder.”

Following the Purple One’s passing, Jay rapped about his exclusivity with TIDAL on “All the Way Up (Remix).” “Prince left his masters where they safe and sound,” he rhymed. “We never gonna let the elevator take us down.”

TRENDING

Michael Rubin Gifts Drake One-Of-One Illustration As Annual White Party Invite

Taken aback by the gesture, Drake wrote, “Went from [a] one-bedroom condo to [a] one-of-one ...
05.17.2024

Soulja Boy Continues Attacking 21 Savage After Metro Boomin Apology

Despite saying he’s “done responding to hate,” Soulja Boy issued a series of verbal attacks ...
05.16.2024

Lil Durk Opens Up About King Von And Previous Drug Addiction In "Old Days"

The record arrives ahead of Lil Durk’s forthcoming album, ‘Love Songs 4 The Streets 3.’
02.23.2024

21 Savage Responds To Soulja Boy Threatening Metro Boomin

21 Savage stood up for Metro Boomin after Soulja Boy threatened to “get on his ...
05.12.2024
View More

Sponsored Stories