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"What were the specifics of Prince's “$100 million contract” with Warner Bros. Records in 1992?"
In 1992, Prince signed a reported $100 million contract with Warner Bros. Records. What were the specifics of this contract?
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While we do not know all the details regarding Prince's infamous "$100 million contract" with Warner Bros. Records in 1992 with certainty, what is known that it tied him to the record company for a certain amount of records, most likely six.
Did Prince deliver all six of those records, considering their acrimonious split?
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"Was the release of Prince's Black Album in November 1994 done against his wishes?"
On 1 December 1987 Prince abruptly cancelled the release of The Black Album (a.k.a. The Funk Bible), a week prior to its release date. He even urged his fans not to buy bootleg copies via a "hidden" message in the video for "Alphabet St." and warned against its "negativity" in an essay in the Lovesexy Tour program.
Yet in November 1994, the album was released in a limited edition. How did this come about?
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"Money don’t matter 2 night" by Cateto:
After a few months, once the battle among record companies to get a record deal with him was finished, Prince got a hefty $80,000 advance payment from Warner Bros. Records, with an additional $250,000 if they renewed him after the first period (three albums in two years) and another $250,000 if they renewed for a second period (two albums in one year). These numbers might seem relatively small today, but in the late 70s, they were considered among the biggest record contracts for a new artist. Furthermore, Warners allowed him to spend $60,000 in each of his first three albums.
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"Prince Gains His Catalog in Landmark Deal With Warner Bros.; New Album Coming" by Ed Christman - Variety - 18 April 2014
Prince has returned to Warner Bros. Records after 18 years with a deal that will see him regain ownership of his catalog. His classic Warner albums like "Dirty Mind," "Controversy" and "1999" will continue to be licensed through Warner Bros as part of a new global agreement.
As part of the deal, Prince's classic "Purple Rain" album will be re-released in a remastered deluxe version in time for the 30th anniversary of the album and movie. Other planned re-issue projects will follow and Prince will issue a new album too, although it is unclear if that title is a part of the deal.