Music giant Universal signs deal for Prince vault

Category: Music

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The estate of Prince, who long battled the music industry, announced a deal Thursday with the world's largest label group Universal to release much of the pop icon's vast catalog. Under the deal, Universal gained rights to the fabled vault of unreleased music that Prince kept in his Paisley Park estate in Minnesota where he died in April. Universal is also taking control of 25 albums that Prince released on his own NPG Records imprint from the mid-1990s, when he wrote "slave" on his cheek and changed his name to the unpronounceable "love symbol" to fight his contract with Warner Brothers.