MINNEAPOLIS, Minn. (CelebrityAccess) — One of Prince’s early collaborators is attempting to cash in on his history with the artist by selling a stake in a songwriting credit to one of the Purple One’s earliest hits.
In 1976, Minneapolis producer Chris Moon helped Prince helped Prince to record his first demo tape and had songwriting credits on three of the four tracks on the demo, including the Disco-infused “Soft and Wet.”
Moon is now selling ‘All my rights and ownership of lyrics to the song’ to a lucky bidder on the online auction site eBay for the Princely sum of $490,000.
“I wrote the lyrics and Prince wrote the music. When he was getting ready to release his first album with Warner Brothers, we signed a song royalty agreement in which we equally shared in the writing credits of the song. I got the writing royalties for the lyrics, he got the writing royalties for the music and ECNIRP took the publishing. We have been sharing in the royalties of that song over all these years … and still do,” Moon wrote on the eBay advert.
“I have enjoyed hearing the song countless times over the years, been paid well and am proud of it. I would now like to see someone else enjoy owning it, it has achieved everything and more for me so I feel it is time to pass the torch to a Prince fan who will continue to cherish and enjoy owning it as much as I have,” Moon added.
