Prince’s Estate Declines Jay-Z’s Offer and Calls Him Out on Tidal Deal-blogged by @djb.jewelz According to #TMZ, #Prince’s estate wants no parts in #JayZ’s offer to buy any of the legendary singer’s music catalog. Sources say the estate sent a letter to Jay’s team last month, declining the offer to sign a deal for “#RocNation to exploit any of the intellectual property assets of the Estate.” Jay-Z reportedly offered around $40 million to receive Prince’s unreleased tracks. In addition to declining the offer, the estate is also calling out #Tidal for 15 of Prince’s albums being available for streaming a couple months after his passing. The releases were allegedly unauthorized by the estate. The estate does acknowledge Prince’s deal with Jay for the release of his final album, “HitNRun Phase One”. However, they claim to have not found the proof of the $750k payment necessary to close the deal.
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