Music Icon Prince Dead At 57

US singer and music legend Prince has been confirmed dead at the age of 57.

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According to TMZ, the musician's body was discovered at his Paisley Park compound in Minnesota on Thursday morning. There are no signs of foul play at this time.

The shocking news comes just a week after Prince was rushed to hospital with a bout of influenza.

The following day, Prince appeared on stage at Paisley Park near his Minnesota home and while he didn't sing, instead opting to perform on guitar and piano, he reportedly told the crowd, "Wait a few days before you waste any prayers".

As Fairfax reports, a publicist confirmed the news a short time ago.

"It is with profound sadness that I am confirming that the legendary, iconic performer Prince Rogers Nelson has died," Anna Meacham said in a statement.

Prince was in Australia just this February for a series of critically acclaimed performances in support of his Piano & A Microphone tour.

The influential artist released 39 albums between 1978-2015 and sold over 100 million albums in his career, as well as scoring seven Grammy wins.

Prince was inducted into the Rock & Roll Hall Of Fame in 2004.

People across the world are mourning the loss of the legendary performer.

update — 6.20am

TMZ are reporting that Prince was found in an elevator at Paisley Park.

It is understood that the Sheriff's Department performed CPR on the singer but were unable to revive him.

He was pronounced dead on the scene at 10.07am US central time.

"'A strong spirit transcends rules,' Prince once said—and nobody's spirit was stronger, bolder, or more creative." —President Obama
— Barack Obama (@BarackObama) April 21, 2016

My musical brother... My friend... The one who showed me the possibilities within myself,… https://t.co/UumElgEgFg
— Lenny Kravitz (@LennyKravitz) April 21, 2016

Just came back from Cuba & received horrible news. Such an iconic legend. Will forever cherish u & what u gave this earth sir. Love u Prince
— Usher Raymond IV (@Usher) April 21, 2016

Terribly saddened by the devastating news... He truly is a legend and a hero of mine. RIP #prince
— Celine Dion (@celinedion) April 21, 2016

Can't believe Prince is gone.
What a terrible year. So many, so young.
— Billy Crystal (@BillyCrystal) April 21, 2016

Good night, sweet Prince. He really was, too. Sweet, kind, unbelievably talented, a joy to watch and to hear. I can't believe it.
— Bette Midler (@BetteMidler) April 21, 2016

I can't imagine music or my teenage life without this genius album. May you rest in peace on the wings of doves. pic.twitter.com/SCuGpkuNlj
— Faith Hill (@FaithHill) April 21, 2016

One of the greatest Super Bowl Halftime performances of all-time. #RIPPrince https://t.co/B6aHzYUCoG
— NFL (@NFL) April 21, 2016

We lost a great one way too soon. I was devastated to hear the news today as I'm sure many of you were. #ripprince pic.twitter.com/vrESIi5biD
— Michael Bublé (@michaelbuble) April 21, 2016

Say it isn't so. pic.twitter.com/xdY0bYDtSO
— Chris Rock (@chrisrock) April 21, 2016

Genius, legend, inspiration, friend.
The world will miss you.
I'll never get over it. pic.twitter.com/RXIZdfGNPw
— Mariah Carey (@MariahCarey) April 21, 2016

I can’t believe it, I’m in total shock. So many wonderful memories,
I will miss him. #Prince
— Lionel Richie (@LionelRichie) April 21, 2016

So sad to hear of his passing. #Prince pic.twitter.com/6PIqgTfcm6
— Barbra Streisand (@BarbraStreisand) April 21, 2016

i can't believe what's happening right now. i just woke up but it feels like I'm dreaming. we live in a world where Prince passes away???
— The Weeknd (@theweeknd) April 21, 2016

Prince, NOTHING COMPARES... #RIPPrince... https://t.co/KAserIRfgD pic.twitter.com/6qyF7VqNtV
— Justin Timberlake (@jtimberlake) April 21, 2016

RIP to @prince…a true artist in every sense of the word. Gone way too soon.
— Quincy Jones (@QuincyDJones) April 21, 2016

I'm shocked to hear that Prince passed at such a young age. Musically, he could do it all: sing, play, arrange and produce. Love & Mercy
— Brian Wilson (@BrianWilsonLive) April 21, 2016
pic.twitter.com/tLdVhvemeO

— florence welch (@flo_tweet) April 21, 2016

In shock and heartbroken by the news today.pic.twitter.com/XJXLqs8RM2
— Harts (@harts_) April 21, 2016

And just like that...the world lost a lot of magic Rest in peace Prince! Thanks for giving us so much...
— KATY PERRY (@katyperry) April 21, 2016

Rest in peace to one of my favorite artists of all time. Haven't loved an artist as long or as consistently as I have Prince. My dream was to one day collaborate with him or play drums for him. He use to come watch #DJAM and I play. Those nights went down as some of my favorite. I taught my kids about him from a very young age and has always stayed a favorite in our family, we even got to see him play a couple times together. Sad day, we lost one of the funkiest and most inspiring artists of our time. One of the greatest guitars players of our time. To me he was truly a musical genius, a true original. Rest in Peace #PURPLERAINFOREVER

A photo posted by travisbarker (@travisbarker) on Apr 21, 2016 at 10:29am PDT

I am so saddened to hear of Prince's passing. Prince was a revolutionary artist, a wonderful musician and composer. 1/3
— Mick Jagger (@MickJagger) April 21, 2016