Jay may make it ‘Rain’ to get Prince songs
MONEY AIN’T a thing to Jay Z — which is probably why he’s willing to break the bank to acquire Prince’s unreleased music.
The hip-hop mogul offered about $40 million for the rights to never-before-heard tunes found at Prince’s (photo below) Paisley Park home and recording studio near Minneapolis after his April death, TMZ reported.
Jay Z, 46, reportedly jetted the Purple One’s sister Tyka Nelson, his only full sibling, and her husband to New York a few weeks ago to discuss the prospects of purchasing the highly sought after music.
Nelson, however, doesn’t have full say. She’d have to get the approval of Prince’s half-brothers and half-sisters, as well as the trust that is running the musician’s estate, before she can turn over the rights to the music to someone else, according to the gossip site.
Jay Z (photo top), who owns the Tidal streaming service and the multiplatform Roc Nation entertainment company, is reportedly one of several big-time execs vying for the Purple One’s music.
Prince’s vaunted vault of music — which also contained hours of live recordings — was stowed behind a steel door in his cellar. The door had to be drilled open by the company controlling his estate, according to the BBC.
“I think over 70% of the music we’ve worked on for Prince is yet to be released,” Brent Fischer, who produced string arrangements for the artist, told the BBC.