Monetizing Prince's legacy unlike that of other stars
Rock singer Prince performs at the Forum in Inglewood, Calif., during his opening show, Feb. 18, 1985.
Liu Heung Shing | AP 2015
Now that a judge has given the go-ahead, the Bremer Trust, which is the temporary administrator of Prince's estate, can begin "monetizing" the late musician's assets.
Bremer has been authorized to bring in entertainment industry consultants to go through what Prince left behind, figure out what it's worth and potentially find buyers.
Someone who has a lot of expertise in that area is David Pullman, the founder and CEO of The Pullman Group LLC. They are best known for issuing the so-called Bowie bonds.
Investors paid $55 million for bonds funded by future royalties from David Bowie's music.
His group made similar deals involving the music of James Brown, the Isley Brothers and others.
MPR's Cathy Wurzer spoke with him.