Prince had financial woes

Posted by | April 25, 2016 18:22 | Filed under: Media/Show Business

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He wasn’t monetizing as he could have.

The pop superstar had serious money woes in the years leading up to his death, according to TMZ.

His Royal Badness regularly turned down licensing opportunities from movies and TV shows — a main stream of revenue for recording artists — that wanted to use songs from his huge catalog of music.

And while he regularly took the stage at sold-out performances, many of them were impromptu events that didn’t bring in the big bucks due to a lack of promotions associated with the gigs, the gossip site reported.

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Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

20 responses to Prince had financial woes

  1. Buford2k11 April 25th, 2016 at 19:12

    ummm….sometimes genius comes with a price…Prince may have thought the price was too much to pay for “monetizing” his genius….and he wasn’t a good money manager…ya know, Einstein had his weakness too…like he wasn’t the best dressed at dinner…usually…

    • whatthe46 April 26th, 2016 at 01:11

      but, he wasn’t homeless.

    • bpollen April 26th, 2016 at 04:45

      Yeah, but he rocked that hair style!

  2. CHOCOL8MILK April 25th, 2016 at 19:28

    He was sick of being “owned” by the companies (Warner Bros, etc), that’s why he changed his name to that symbol, it was an act of protest…and to dictate himself what he can do. He was very selective about where his music and who would play it. But yea one would think that financial woes might have changed his outlook on mass advertising and commercializing to make the “big bucks”.

  3. robert April 25th, 2016 at 19:52

    somehow Elvis Presley comes to mind when i read this

  4. Mensa Member April 25th, 2016 at 19:53

    Unless he didn’t have the money to get safe tires on his car, I doubt it is what you or I would call a problem.

  5. StoneyCurtisll April 26th, 2016 at 11:30

    A quick Google search shows Prince had an estimated worth of 150-300 Million dollars…
    Hard times?
    Down on his luck?
    Strapped for cash?

    • robert April 26th, 2016 at 17:34

      its been reported that prince has songs that never were recorded or have yet to be valued Maybe his woes fell with recording companies ?

      • Gina Bousquet April 26th, 2016 at 17:55

        I have read about a recording studio at home and fifty albums ready for release. Nonetheless, stuck for some reason or other…

        • robert April 26th, 2016 at 17:56

          its possible the songs are recorded however its another to market them

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