Notorious B.I.G.'s Catalog Expected to Sell for $100-150 Million

The estate of The Notorious B.I.G. is nearing a deal to sell the rapper's music catalog to Primary Wave for an estimated total of $100 million to $150 million. This sale includes both publishing rights, valued at approximately $100 million, and master rights expected to fetch an additional $30 to $50 million. Key components of the transaction are the rights to Biggie's name, image, and voice, which will help preserve his legacy alongside other music legends previously acquired by Primary Wave. The deal is anticipated to close within weeks, shortly after the passing of Biggie's mother, Voletta Wallace, who had managed his estate since his death in 1997. The sale reflects a growing trend in the music industry where estates monetize intellectual property for significant financial returns. Representatives from Primary Wave and Biggie's estate have not yet commented on the impending acquisition.