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Prince's $156 Million Estate Settled in Court 6 Years Later
Prince's $156 million estate will be dispersed and who is set to receive it, bringing an end to a six-year court battle.According to legal documents, obtained by ET, Judge Kevin W. Eide in the First Judicial District of Minnesota ruled on Monday that the late singer's assets be dispersed between Prince's half-siblings (Sharon Nelson, John Nelson and Norrine Nelson) and their families, their advisers and the music publishing company Primary Wave.Prince's cash — totaling $6 million — and various holding companies have also been split evenly between a holding company called Prince Legacy LLC (which consists of interests previously held by the Nelsons) and Prince Oat Holdings LLC (which consists of interests previously held by Prince's three other half-siblings (Tyka Nelson, Omarr Baker, Alfred Jackson and Primary Wave).According to the legal, documents Comerica Bank & Trust (the court-appointed administrator that handled the estate's affairs while the probate case was litigated) will get $3 million «as a reserve to ensure it can pay the costs and expenses associated with closing the Estate, including the preparation of tax returns, professional fees» and any other court expenses.Comerica Bank & Trust has also been «discharged from any and all duties and liability related to the Estate of Prince Rogers Nelson associated with Comerica's service as personal representative of the Estate through the end of the Transition Period.» Prince, who died in April 2016, did not leave a will behind and he had no children or spouse. As such, his six half-siblings were named heirs to the estate,  reported.
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Unearthed footage shows 11-year-old Prince arguing for better pay for teachers
Prince arguing for better pay for teachers when he was 11 years old has made its way onto the internet – watch it below.The rare footage – filmed in 1970 – was discovered in the archive room of Minneapolis television station WCCO by production manager Matt Liddy, who was searching the archives in order to place the teacher’s strike that took place in the same earlier this year into better context.According to Stereogum, once Liddy came across the footage, he “immediately just went out to the newsroom and started showing people and saying, ‘I’m not gonna tell you who I think this is, but who do you think this is?'”WCCO then brought in a specialist to restore audio to the footage, and they tracked down a local historian and a childhood friend of Prince’s to confirm that the child in the footage was indeed Prince.In the video, a young Prince is seen being interviewed about the Minneapolis teacher’s strike that occurred in 1970. “I think they should get a better education too cause, um, and I think they should get some more money cause they work, they be working extra hours for us and all that stuff,” he says.You can watch the short clip of Prince below:Meanwhile, Prince’s 1985 live concert film Prince and The Revolution: Live is set to be remastered for a new reissue.The late artist’s gig at the Carrier Dome in Syracuse, New York on March 30, 1985, which was part of the ‘Purple Rain Tour’, was broadcast live internationally via satellite at the time, and was later released as Prince and The Revolution: Live.The singer’s estate has now partnered with Legacy Recordings to release a remastered reissue of the film, which will be available on vinyl (3xLP), CD (2xCD), Blu-ray and streaming services for the first time.

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