Prince releases surprise new single 'The Breakdown'

FILE - In this Aug. 9, 2011 file photo, U.S. musician Prince performs during his concert at the Sziget Festival on the Shipyard Island, northern Budapest, Hungary. The singer released a surprise new single on Friday just before midnight. (AP Photo/MTI, Balazs Mohai, File)

After reaching an agreement with Warner Bros. Records earlier this week in which he owns the rights to music he recorded while under the label, Prince released a surprise single Saturday called ‘The Breakdown.’

The single comes on the heels of Prince’s announcement about a new studio album in the works and a new partnership with Warner Bros.

Most recently the pop idol guest starred on an episode of ‘New Girl’ on Fox where he and Zooey Deschanel debuted a song called ‘FALLINLOVE2NITE.’ Prince had also been featured on an album he recorded with his band 3RDEYEGIRL in February.

Listen to the new ballad here: