The legal battle over Prince’s estate is finally over:
The new deal — signed off by a judge in Minnesota — will see Prince’s assets split evenly between holding company Prince Legacy LLC (formed of the heirs and their advisors, L. Londell McMillan and Charles Spicer) and Prince Oat Holdings LLC (Primary Wave).
“I represented Prince for over 13 years and we led with innovation to reform the music industry – we hope to do the same with his amazing assets and catalog, from his music, film content, exhibits, merchandise, Paisly (sic) Park events, branded products and more,” McMillan told Billboard.
Call my a cynic but I feel like they’re gonna beat that proverbial piñata to dust and brand it a legacy showcase.
(via The Vinyl Factory)