Jay Z may be making a major play for unreleased Prince music. According to a report from TMZ, Jay Z flew Prince’s sister Tyka and her husband Maurice Phillips to New York City a few weeks ago to meet with him about potentially purchasing the rights to Prince’s vast catalog of unreleased music. Jay reportedly offered them a sum of roughly $40 million for the music.
Although it’s a huge sum of money, the deal is far from finalized. Any transaction of that sort would have to be approved by all of Prince’s heirs; by last count, there were six full and half-siblings with rights to his estate. Since Prince died without a will, all his assets are being managed and divided up by a trust, which would also be involved in the deal-making process.
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