Prince has a new piece to his huge enterprise, his own music.
The artist has assigned the rights to his entire catalogue of music to NPG Music Publishing, breaking away from Universal Music Group who has held the rights for the last twenty years.
Prince formed NPG Music about a month ago and, according to the press release, "was founded by Artists for Artists. The team will be led by some of the best talent in the industry."
The full press release:
Grammy winning multi-platinum music icon Prince has assigned his vast catalogue of songs to NPG Music Publishing. While the terms of the deal are not public, it includes a schedule of songs that Prince considers "fit 4 eternal publication."
The catalogue includes hits such as “Kiss,” “When Doves Cry,” “Little Red Corvette,” “Let's Go Crazy,” “U Got the Look,” “Purple Rain,” “Diamonds and Pearls,” and many, many more. NPG Music Publishing marks the first time Prince’s publishing has been independently controlled and administered in over twenty years.
NPG Music Publishing was founded by Artists for Artists. The team will be led by some of the best talent in the industry.
NPG Music Publishing assisted with Prince's newest single on Epic Records, "FALLINLOVE2NITE," which was featured in the hit FOX television show New Girl earlier this year. The special episode featuring Prince aired directly after the Super Bowl and brought in record-breaking viewership.
NPG Music Publishing is now actively seeking placement for some of Prince's best-loved songs in film, television, video games and the commercial realm.
Rolling Stone has called Prince "One of the most naturally gifted artists of all time," and now the world will be able to experience and enjoy more of his music through a myriad of mediums.
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