Update: The purple one held an impromptu interview session with ten journalists at his Paisley Park Studios in Minneapolis on Saturday. He likened record contracts to slavery: "Record contracts are just like - I'm gonna say the word - slavery. I would tell any young artist ... don't sign." He also elaborated on why he chose Tidal to stream his album: "Jay Z spent $100 million of his own money to build his own service. We have to show support for artists who are trying to own things for themselves."

Original Story

Prince has announced that the follow-up to last year's PLECTRUMELECTRUM - HITNRUN - will be released exclusively via Tidal on September 7th.

The musician explains his decision in a statement:

After one meeting, it was obvious that Jay Z and the team he has assembled at TIDAL recognize and applaud the effort that real musicians put in2 their craft 2 achieve the very best they can at this pivotal time in the music industry. Secondly, TIDAL have honored Us with a non-restrictive arrangement that once again allows Us to continue making art in the fashion We've grown accustomed 2 and We're Extremely grateful 4 their generous support. And lastly, in the tech-savvy, real-time world We all live in 2day, everything is faster. From its conception and that one & only meeting, HITNRUN took about 90 days 2 prepare its release. If that's what freedom feels like, HITNRUN is what it sounds like.

His decision seems logical considering he removed his music from all streaming services (except Tidal) last month, and that his Baltimore Rally 4 Peace concert was streamed via Jay-Z's music platform. Check out the LP's cover above.