#MEDIAMINUTE: JAY-Z TO BUY PRINCE'S CATALOGUE?

October 27, 2016

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JAY Z is reportedly trying to buy the rights to PRINCE’s unreleased music for $40 million. Word has it he met with Prince’s sister Tyka and let her know he was serious about the offer.

It’s unclear whether he wants to own the catalog outright, or if he’s just trying to negotiate an exclusive streaming deal for Tidal. In any event, it won’t be easy. He’d also have to get all Prince’s half-brothers and sisters to sign off on it, as well as the trust that managing his estate. So, sweet talking Tyka won’t get it done.

But an advisor to Prince’s estate told “Billboard” that he has, quote, “no knowledge” of any discussions,” and said that “there’s no sale, and [they’re] not in discussions with anyone regarding a sale.”