Seeing the type of person Prince was, this recent situation comes as no surprise to me. When Prince was alive, he was way too particular about who he licensed (or sold) his catalog to.
Recent news had shined the light on Prince's unreleased music catalog being up for sale for $35,000,000. At that time, Jay Z (who had put up a $40,000,000 bid) seemed to be the only one interested in the catalog.
Apparently, there's other buyers interested in this catalog as the Prince estate has since turned down Jigga Man's bid for it. It will be interesting to see who wins the bid for this catalog, if there's a winner at all.
Here's what DJ Akademiks had to say on it below...