Court Voids Universal $31 Million Deal With Prince Estate

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Universal Music Group will get it's $31 million back on a licensing deal with the prince Estate,according to a court order on issued.

After buying the Rights to a package of prince's recorded music including his "Vault" of unreleased music and an array of other albums .In late January,a deal that has been structured as an advance on future royalties , a judge granted the estate administrator's motion to void the deal due to ambiguity surrounding whether the rights conflicted with Warner Music Group's r
ights.

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