Universal has purchased Prince’s entire vault of unreleased recordings

Although Prince Rogers Nelson died almost a year ago, he’s been an ever present fixture in music news recently; between his music appearing on Spotify, numerous posthumous albums and a good amount of reissues, there’s been no shortage of new releases for fans to sink their teeth into.  There may soon be more, however, as Universal have bought Prince’s entire archive of unreleased music, spanning decades.  Although the exact contents of the vault are unknown, there’s long been speculation around the topic and it is known that there’s a sizeable amount of unheard material in there.

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Acquisition of the Prince vault is not the only part of UMG’s deal, they’ve also gained the rights to all of Prince’s records released through his own NPG label – starting with 1996’s ‘Emancipation’ and going right through to his final album, ‘Hitnrun Phase Two’.  L. Londell McMillan, co-manager of the Prince estate, commented “I am thrilled the NPG catalog and Prince’s highly sought after unreleased recordings will reside with UMG, where we have found a partner who is passionate about presenting Prince’s music with a holistic vision that celebrates his iconic status

It seems UMG is going for a complete set, as they’re currently in talks to acquire Prince’s classic era recordings from 1979 – 1995.  That material is currently held by Warner Brothers, and remains Prince’s bestselling work, so UMG will no doubt have to pay big bucks to acquire such prestigious material.

There’s currently no word on plans for release of the material in the Prince vault but it’s likely a matter of time before announcements are made.