In August 1991, Prince inked a $100 million deal with Warner Bros., making him the highest-paid artist at the time. The deal included two joint record companies as well as a vice president post for him. In 1993, the pop and rock icon would become "the Artist Formerly Known as Prince" during a legal battle with the label over artistic and financial control of his music. After a long, highly publicized battle, in which he began performing in protest using only a symbol as his name, he was able to gain release from the contract, serving as one of the most prolific public examples of an artist's success in standing up for his artistic beliefs and financial due.
Janell Hazelwood is associate managing editor at Black Enterprise, managing content across core areas of Money, Career, Small Business and Technology. She is also a featured blogger with My Two Cents, providing insights on branding, millennial career development, employment trends and leadership. She was previously a content producer and copy editor for Black Enterprise magazine, working across several editorial sections. The Hampton University graduate got her start in the newspaper industry, having worked for companies including The New York Times and Scripps Howard News Service. Her works and insights have appeared on The Huffington Post, MadameNoire, E!Online, Brazen Careerist, CBS News, and Arise TV.