It's another royal split: Warner Bros. Records is ending its joint venture with the musician who used to be known as Prince.
The record company and the former Prince, who changed his name last year to an unpronounceable symbol, are terminating Paisley Park Records.The split will not affect Warner's separate contract with the singer.
A joint statement by Warner Bros. and Paisley Park Enterprises said the parting was mutual.
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Final decisions about Paisley Park employees and artists, such as Mavis Staples and George Clinton, will be announced later.