Universal is developing a movie based on Prince music.
The studio has acquired the rights to a number of classic songs from Prince’s catalog and is developing an original film musical inspired by his music
Sources close to the situation say the estate and Universal already felt that the biopic angle had largely been covered by Prince’s 1984 star-making film Purple Rain and wanted to do something original and outside the box. Meetings have begun with potential writers and producers and execs are hoping the film can be something like Universal’s Mamma Mia, with a completely original story where Prince’s music helps drive that narrative.
The news comes off the heels of the success of Bohemian Rhapsody earning over $500 million at the box office. That makes the movie the most successful music biopic ever. So it’s clear Universal is looking to capitalize with Prince.