Notorious B.I.G. Estate Nears Historic $300 Million Catalog Deal with Primary Wave
The Notorious B.I.G. estate is reportedly negotiating a major catalog sale with Primary Wave, potentially valued at $300 million. This development comes shortly after the passing of Biggie's mother, Voletta Wallace, who played a crucial role in managing his estate.
Notorious B.I.G. portrait against dark background
The deal structure reportedly includes:
- Publishing rights: Approximately $100 million
- Recording interests: $30-50 million
- Name, image, and likeness (NIL) rights: 50% ownership stake
- Total valuation: $260-300 million
Primary Wave, known for managing prominent artists' estates including Scott Weiland, Jerry Jeff Walker, and Ric Ocasek, would acquire significant control over Biggie's intellectual property. While the company hasn't officially confirmed the deal, sources close to the negotiation indicate it's near completion.
This potential sale reflects the continuing strong investor demand in the music catalog market, following recent major transactions including:
- Warner Music's acquisition of Tempo Music catalog
- Reservoir Media's purchase of New State
- T-Pain's catalog sale to HarbourView Equity
- Red Hot Chili Peppers' reported $350 million recordings deal
The timing is particularly significant as Biggie's children, T'yanna Wallace (31) and C.J. Wallace (28), are now adults managing their father's legacy. This development comes as the estate recently resolved a copyright dispute in January 2024 and initiated a new lawsuit regarding the "King of New York" photo in February 2025.
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