Prince signs deal with Warner Bros., new album due this year

Musician Prince performs onstage during the 2013 Billboard Music Awards at the MGM Grand Garden Arena on May 19, 2013 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

On the eve of the 30th anniversary of Purple Rain, Prince has struck a deal with Warner Bros., the label that he used to be so mad at he had the word 'Slave' written on his cheek and changed his name to a glyph.

The new deal open the doors to "the release of long-awaited, previously unheard music, while giving the artist ownership of the master recordings of his classic, global hits," according to a press release.

In a statement, Prince said, "A brand-new studio album is on the way and both Warner Bros. Records and Eye are quite pleased with the results of the negotiations and look forward to a fruitful working relationship."

Is this worth getting excited about? Check out the version of "Let's Go Crazy" that Price and his female power trip #rd Eye Girl performed in Manchester, England earlier this year, and you decide. 

Previously: Juana Molina at Boot & Saddle Follow In The Mix on Twitter