Six years after his death, Prince’s estate has finally been legally settled.
“We’re finally free, thank God almighty, we’re free,” Sharon Nelson, Prince’s sister, said CBS Minnesota. “It’s been a long, long grueling six years.”
Prince’s estate, valued at $156.4 million, will be split between the musician’s three oldest siblings and Primary Wave, a private music publishing company that has already bought out three other heirs. “Our goal is to work with them to continue to build and grow Prince’s legacy as a 50% owner,” said Primary Wave’s attorney, Eric Magnuson (via Star Tribune). “We have everyone’s best interests in mind as we move forward.”
Nelson indicated that her first priority is to bring Prince’s vast collection of released and unreleased music back to Paisley Park. The tapes were removed from the vault of his longtime Minnesota home and Paisley Park recording studio against the family’s wishes after his death.
“What’s the main thing that comes to mind when you think of Prince? The music, absolutely, and where is it? It’s not here,” Nelson said. “So we’re going to bring it back, that’s what we’re going to do.”
In December 2017, a judge has denied the family’s request to move the vault, which contains original master tapes, back from California where they were concerned about nearby wildfires. (It had been placed there by Comerica Bank & Trust, executors at the time.) The judge deemed it a “non-issue.”
“When we have the music, they’re going to get the real good sound that they should have had six years ago,” Nelson said. “We want to bring out his original music.”
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