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MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

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26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

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After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
Arts & Entertainmentprince

Prince’s Songs Could Now Reach a Much Wider Audience

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Mahita Gajanan
Mahita Gajanan
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By
Mahita Gajanan
Mahita Gajanan
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November 3, 2016, 12:00 PM ET
Super Bowl XLI: Pepsi Halftime Show
Prince performs during the "Pepsi Halftime Show" at Super Bowl XLI between the Indianapolis Colts and the Chicago Bears on February 4, 2007 at Dolphin Stadium in Miami Gardens, Florida.Jonathan Daniel—Getty Images
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Universal Music Publishing Group has become the worldwide publishing administrator for Prince’s song catalog, sealing the first major deal for the late artist’s music.

The agreement means Universal will take responsibility for “servicing and administering Prince’s expansive catalog of songs” and developing “new creative outlets for his music,” the group said in a statement Wednesday.

With hits like “Purple Rain” and “When Doves Cry” now under Universal’s administration, the agreement indicates the possibility that Prince’s songs could reach a wider audience.

“The idea is that we are going to work very closely with the estate on the catalog of about 1,000 Prince songs to make sure that his fans from all over the world will be able to hear it and access it,” Jody Gerson, chief executive of Universal Music Publishing told the New York Times.

 

The agreement does not cover Prince’s recorded music rights and remains an administration deal, giving Prince’s estate the ownership of the songs, the Times reported.

Prince, who died in April, kept tight control over his publishing catalog and restricted where his music could be heard online. He did not allow his music on YouTube for years, and removed it from all streaming services, except Tidal, in 2015.

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