Prince has announced a new partnership with Warner Bros. that gives him the rights to his master recordings and creates "an exclusive global licensing partnership that covers every album released from 1978 into the '90s," according to a press release .
Forthcoming projects are in the works, but first up is a digitally remastered deluxe edition of the classic Purple Rain, which celebrates its 30th anniversary this summer.
The press release promises "long-awaited, previously unheard music," but it is unclear what that means.
Prince will record a new album for Warner Bros., too. (It's rumored to be titled Plectrum Electrum.) His statement is pretty boilerplate, but spot the idiosyncratic detail: "A brand-new studio album is on the way and both Warner Bros. Records and Eye are quite pleased with the results of the negotiations and look forward to a fruitful working relationship."
Along with his current band 3rdEyeGirl, Prince has been slowly rolling out new songs, including a collaboration with Zooey Deschanel.
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