MUSIC NEWS- Prince and Warner Bros. Records today announced a new agreement that will see the release of long-awaited, previously unheard Prince music, while giving the artist ownership of the master recordings of his classic, global hits. And, the deal extends Prince’s relationship with Warner Bros. Records, through an exclusive world wide licensing partnership that covers every album released from 1978 into the nineties. The financial terms of the agreement were not disclosed.
For Prince fans worldwide, the new partnership will open up a veritable goldmine. The surprise announcement comes just in time for this summer's 30th Anniversary celebrations of the artist's breakthrough album and film, Purple Rain, which were released in 1984. For the first time, Prince will be releasing a digitally re-mastered, deluxe version of this classic album. Other planned projects will follow.