Prince's Paisley Park Estate Pitched As Tourist Attraction - Noise11.com
Prince at Rod Laver Arena in Melbourne on 21 October 2003. Photo by Ros O'Gorman

Prince at Rod Laver ArenaPrince at Rod Laver Arena in Melbourne on 21 October 2003. Photo by Ros O'Gorman Melbourne 2003. Photo by Ros O'Gorman

Prince’s Paisley Park Estate Pitched As Tourist Attraction

by Music-News.com on June 11, 2016

in News

Prince’s estate officials are considering opening up the late icon’s fabled Paisley Park studios to the public.

Prince often invited fans to attend late night parties and shows at the compound just outside his native Minneapolis, Minnesota, and now executives at the estate’s special administrator Bremer Trust are looking into plans to turn the venue into a tourist attraction, similar to Elvis Presley’s Graceland, reports TheWrap.com.

Court papers submitted as part of trustees’ request to bring in experts to help them manage the late singer’s music affairs also indicate the team of advisers will also provide “counsel on how to manage public tours of the grounds, facilities and buildings located at Paisley Park”.

Bremer Trust bosses were granted permission to bring in the big guns during a hearing on Wednesday (08Jun16), allowing officials to begin monetising Prince’s intellectual property and unreleased recordings, many of which have been locked away in a vault at Paisley Park.

The judge also gave the Bremer Trust executives five months to get Prince’s house in order, telling them their appointment as administrator would end no later than 2 November (16), when his official heirs will take over.

The Bremer Trust bosses were brought in to manage Prince’s estate six days after his death on 21 April (16) at the request of the singer-songwriter’s sister, Tyka Nelson, who informed the court her brother had died without making a will.

Prince’s intellectual property is estimated to be worth between $100 million and $300 million (£69 million and £207 million).

The singer’s cause of death has since been ruled an accidental overdose of painkiller Fentanyl.

music-news.com

——————————————————————————————————————————————

Never miss a story! Get your free Noise11.com daily music news email alert. Subscribe to the Noise11 Music Newsletter here

Listen to the Noise11 Music News channel now at iHeartRadio

Follow Noise11.com on Facebook and Twitter

NOISE11 UPDATES are now in Apple News

Related Posts

Drummer Mick Fleetwood of Fleetwood Mac performs at ADOTG at Mt Duneed Winery on 7 November 2015. Photo by Ros O'Gorman
Noise11.com Top Music News Stories of October to December 2020

Continuing the Noise11 top news stories of 2020, Mick Fleetwood became a social media sensation, AC/DC coins debut and live music events for 2021 start happening again.

December 31, 2020
Jimmy and Jane Barnes
Noise11.com Top Music News Stories July to September 2020

By the second half of 2020 Covid-19 had become the greatest threat to mankind since any war. Artists adjusted to iso, performing and recording remotely across the world while the fans watched from home.

December 31, 2020
Something For Kate photo by Ros O'Gorman
Noise11.com Top Music News Stories April to June 2020

As Covid increases and isolation locked us down the music world faces challenges with cancellations globally but new music kept on coming. Here are Noise11.com's top music news headlines from April to June 2020.

December 31, 2020
Bette Midler photo by Ros O'Gorman
Noise11.com Top News Stories January to March 2020

2020 began with Australia in a State of Disaster as bushfires continued to choke the East Coast. Australian climate denying Prime Minister Scott Morrison had to cut short a holiday in Hawaii to deal with it.

December 31, 2020
Harry Styles Fine Line
New Releases for 13 December 2019

Major new titles coming this week from: Harry Styles, Stone Sour (live), Stormzy, Blake Shelton (GH), Lil’ Durk, Dirty Projectors, The Go-Between (Boxset), Furnace & the Fundamentals and Akon.

December 13, 2019
New Music Releases for 6 December 2019

Major new titles coming this week from: Camila Cabello, Kylie Minogue (live), Muse (boxset), Cold Chisel, The Who, Liam Payne, The Beautiful Girls (GH), Fat Freddy’s Drop, Polish Club, Blueface and French Montana.

December 6, 2019
Jethro Tull, Ian Anderson. photo by Ros O'Gorman
Ian Anderson To Perform Jethro Tull Australian Tour Dates

Live Nation has announced Australian dates for Ian Anderson in April but with a more carefully worded announcement than Bluesfest.

October 13, 2016