The Prince estate is set to release a new album in 2019 and TIDAL will be the streaming service that will pioneer the new material. The Prince estate and TIDAL have agreed that the new LP will only be available to stream on tidal for 14 days, and be available for download seven days after its debut.
Back in 2016 Tidal and the Prince estate sued each other in court over the rights to stream prince’s unreleased music and his entire catalog. The artist’s estate claimed Tidal only had permission to stream his latest album HITNRUN Phase One, exclusively for 90 days.
On behalf of Prince’s estate, Entertainment Advisor Troy Carter said:
“I’m very pleased this is resolved, and we get to honour the relationship between Prince and Tidal with this album. We look forward to fans hearing the new music and experiencing the genius of Prince.”
Furthermore the estate and Jay-Z are currently working together on song selections for the album.
“Our only goal is to share Prince’s music with his fans as he wanted. After thoughtful and honest conversation with him, he chose TIDAL as his partner for HITnRUN Phase One and HITnRUN Phase Two, and we will continue to respect and honour Prince’s enduring legacy and wishes with this new collection,” Jay-Z said.
The album partnership with TIDAL does not involve any of Prince’s music catalogue that is subject to prior agreements with Warner Brothers Records, Inc.
The agreement between TIDAL and the estate was approved on May 9, 2018 by the Probate Court overseeing The Prince Estate.
Will TIDAL gain more subscribers? Or will non-subscribers wait until physical copies of the LP are released?