Prince’s Manager Planning to Release Previously Unheard Music
Managers for Prince’s entertainment assets are planning to release previously unheard music to serve as the soundtracks for theatrical spectaculars.
The “Purple Rain” singer, who would have turned 58 earlier this month, passed away from an opioid overdose on April 21.
Prince’s longtime lawyer and manager L. Londell McMillan and Charles Koppelman have been appointed to handle his entertainment assets and they are hoping to incorporate his large vault of unreleased tracks into a Broadway project or a Cirque du Soleil show.
“We’re going to be having a good time,” Koppelman tells Page Six. “There is so much to be done with this estate. There are vaults full of music.”
“Prince was an icon on the level of The Beatles and Michael Jackson, and his legacy should be honored,” Koppelman says. “Though his name was Prince, I always thought he was the king of music.”
McMillan and Koppelman’s plans come after reports suggesting executives at the estate’s special administrator Bremer Trust are looking into plans to turn the singer’s fabled Paisley Park home into a tourist attraction, similar to Elvis Presley’s Graceland. The superstar often invited fans to attend late night parties and shows at the compound just outside his native Minneapolis, Minnesota and the administrators are looking to capitalize on the venue’s popularity.
Court papers submitted as part of trustees’ request to bring in experts to help them manage the late singer’s music affairs also indicate the team of advisers will also provide “counsel on how to manage public tours of the grounds, facilities and buildings located at Paisley Park.”
Bremer Trust bosses were granted permission to bring in the big guns during a hearing earlier this month, allowing officials to begin monetizing Prince’s intellectual property and unreleased recordings, many of which have been locked away in a vault at Paisley Park for years.