According to The Huffington Post,
Less than 24 hours after announcing his rekindled partnership with Warner Bros. Records, Prince released a new single titled “The Breakdown,” a pleasant ballad. Under the new partnership, Prince has promised a new album, the release of previously unheard material and remastered content, including a deluxe version of his soundtrack album “Purple Rain” for its 30th anniversary.
“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,” Prince said in a statement Friday, April 18.
Listen to “The Breakdown” below.