According to reports, superstar Prince will be paid $4 million to perform at the Coachella Valley Music & Arts Festival. The singer will headline Saturday night at the three-day music event in California, which begins on April 25.

But he was only added to the festival line-up in a bid to increase ticket sales, according to an online entertainment blog.

A source tells the website, "Prince was a late addition to the line-up. The promoters added him to try and sell more tickets and make up for a less than stellar - in comparison to years past - roster of performers. The exact amount Prince is getting paid for his Coachella performance is $4.8 million."

-Prince Pictures

(This news article provided by World Entertainment News Network)