The estate for Prince has reached a deal to settle the battle over Prince.com, which should allow them to finally take ownership of the website.
On January 11, court documents were filed by the estate informing the court they have reached an agreement in the battle over the domain. The estate says the deal "is in the best interest of the estate and its beneficiaries."
They are requesting the court approve the settlement and close the case.
As The Blast first reported, the estate sued a company called Domain Capital to take control of Prince.com.
The estate claimed Domain Capital reached out to them saying they owned “the domain name www.prince.com pursuant to a lease-back financing agreement with an undisclosed third party.”
The estate said Prince.com goes to a blank page and “is thus not being used for a bona fide commercial use.” They also claimed that Domain Capital “has never used the domain name www.prince.com in connection with a bona fide offering or any goods or services.”
They even said Domain Capital was trying to hide the identity of the previous owner.
Prince’s estate sued seeking a court order to transfer Prince.com over to them. They also sued seeking unspecified damages.