Prince Estate Formally Split Into Two Camps in New Court Ruling
Jem Aswad Senior Music EditorAs the Prince estate moves forward after years of confusion following the singer’s 2016 death, the six heirs are divided into two camps: the three siblings who sold their interests to Primary Wave, and the three who have retained their holdings.With the value of the estate recently determined at $156.4 million, the two parties are now establishing a structure for how to work together. In a ruling on Tuesday, a Minnesota judge decided against Primary Wave’s proposal to create a single holding company.