Prince terminates Universal Music publishing deal
Published Jul 9 2012, 12:31 BST | By Lewis Corner
© PA Images / Gareth Fuller/PA Wire
has announced plans to terminate his contract with Universal Music.
The singer came to a mutual agreement with the record label to end his current publishing deal and pursue new projects with his music.
"We are pleased to announce that Prince and Universal have reached a mutual agreement in terminating their longstanding publishing deal," Kiran Sharma, Prince's manager said.
"It is an exciting opportunity for Prince to consider fresh and new ideas for all his music."
Plans for a follow-up to Prince's 27th studio album 20Ten
have yet to be confirmed.
The star released the record as a free CD covermount via the Sunday Mirror
in the UK and through various other publications around the world.
Watch the music video for Prince's '1999' below: