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Evidently Prince doesn’t hold a grudge, at least not forever. Prince and Warner Bros. Records are back in business together according to Billboard Magazine. Prince returns to the bunny after 18 years with a new deal in which he regains ownership of his catalog.  His classic Warner albums like “Dirty Mind”, “Controversy”, and “1999” will continue to be licensed through WBR as part of a new global agreement.

In the deal Prince’s legendary “Purple Rain” album will be re-released in a re-mastered deluxe version in time for the 30th anniversary of the LP and movie. There are other planned re-issue projects and a new album, but it is unclear if the title is a part of the new agreement.

Prince reportedly said, “A brand new studio album is on the way and both Warner Bros. Records and I are quite pleased with the results of the negotiations and look forward to a fruitful working relationship.”

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