Prince, the artist formerly known to loathe record labels and the industry in general, has just brokered a new deal with Warner Bros. Records.
According to the press release: “A brand-new studio album is on the way and both Warner Bros. Records and Eye are quite pleased with the results of the negotiations and look forward to a fruitful working relationship.” It’s no wonder Prince is happy with the new deal, which gives him rights to all of his albums, from 1978′s For You onward.
The announcement comes just a couple months before the 30th anniversary of the release of his best-selling album, Purple Rain. In addition to new material, Prince plans on releasing a digitally re-mastered deluxe version of the Purple Rain to coincide with the anniversary.
Lately, Prince has been releasing new material with his group 3RDEYEGIRL, mainly via Youtube. With the announcement of this new venture with Warner Bros., Prince fans can rejoice that they’ll likely be seeing a lot more of the star in the months to come.