Despite his untimely death in 1997, Notorious B.I.G. also known as Biggie Smalls remains one of the most relevant rappers. Some of the most popular artists today have sampled his music.
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Biggie’s Estate Strikes Deal to Sell Master’s, Publishing
Because of Biggie’s popularity as an artist, it became a pretty big deal when rumors began to circulate that his catalog and publishing rights were in the process of being sold. On March 20, the sale became made official. According to Variety, the late rap star’s estate has reached an agreement with Primary Wave Music.
The outlet says that the sale will give Primary Wave access to Biggie’s “music publishing and recordings, as well as his name, image, and likeness.”
Biggie’s mother, Voletta Wallace, passed away earlier this month after a long battle with breast cancer. However, she made sure to complete one task before she passed. That was ensuring that the estate’s sale of Biggie’s masters and publishing was completed. Variety says she was actively involved during the entire process.
“The deal closed just weeks after the rapper’s mother, Voletta Wallace, passed away last month. However, sources say she was involved in nearly every aspect of the deal’s negotiations,” Variety writes.
“While terms of the deal were not disclosed, the Wall Street Journal reports that Primary Wave is taking a 50% interest in the estate, which was valued at $200 million.”
Diddy’s Former Body Guard Makes Shocking Revelation
However, despite the report, others have come forward with different testimonies. When rumors began to circulate about the potential sale, Diddy’s former bodyguard, Gene Deal said that Biggie’s family is not expected to receive any profit from it.
“Knowing this lady was sick and she was in a hospice, these guys Wayne Barrow and Mark Pitts went on and started working out deals to allegedly sell Big’s publishing, his marketing, all his rights to everything,” Deal said in a recent interview with Art of Dialogue.
“They are working out a deal for them. It ain’t for Miss Wallace, it ain’t for Big’s kids. Wayne Barrow and Mark Pitts, are the dudes that Puff put in play. I can’t believe this.”
May Biggie and Ms. Voletta rest in peace.
