At a rare meeting with the media at Paisley Park in Minneapolis, Prince expressed his concerns about the state of the music industry.
“Record contracts are just like—I’m gonna say the word–slavery,” Prince told a group of 10 journalists Saturday, August 8. “I would tell any young artist … don’t sign.”
His pitch to the group, according to reporter Eric Deggans, was simple: Typical record company contracts turn artists into indentured servants with little control over how their music is used, particularly when it comes to revenue from streaming services playing their music online—and he wants to change that.
For more on the meeting, including information on Prince’s alliance with Jay Z and the rap star’s music streaming service, Tidal, see NPR