Prince’s Estate Rejects Jay Z’s Bid for Unreleased Music & Says Tidal Was Never Authorized to Stream His Albums

jay-z-save-tidal-with-prince

 

Prince’s estate has rejected Jay Z’s offer for the rights to Prince’s unreleased music catalogue.

via TMZ:

Sources involved in the deal tell TMZ the estate fired off a letter to Jay’s team last month, saying it had no interest in signing a deal for “Roc Nation to exploit any of the intellectual property assets of the Estate.”

We broke the story, Jay Z had offered around $40 million to take control of Prince’s unreleased tracks.

More bad news — the estate is calling out Tidal for making 15 Prince albums available for streaming a couple months after his death. Those releases were unauthorized according to the estate.

Translation: You’re gonna owe us some dough. 

The estate does acknowledge Prince made a deal with Jay for the 2015 release of his final album, “HitNRun Phase One” — but also says it hasn’t found proof of a $750k payment to close that deal.

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