Notorious B.I.G. Estate Nears $300 Million Catalog Deal with Primary Wave
The Notorious B.I.G. estate is reportedly negotiating a significant catalog sale with Primary Wave, potentially valued at up to $300 million.
Notorious B.I.G. portrait against dark background
The deal, which comes shortly after the passing of Biggie's mother Voletta Wallace, could include multiple revenue streams:
- Publishing rights: Estimated at $100 million
- Recording rights: Valued between $30-50 million
- Name, Image, and Likeness (NIL) rights: Primary Wave would acquire a 50% interest
Primary Wave, known for managing prominent artists' estates including Scott Weiland, Jerry Jeff Walker, and Ric Ocasek, has not officially confirmed the negotiations. The timing is particularly notable given Voletta Wallace's recent passing and her significant role in managing Biggie's estate. The artist's children, T'yanna (31) and C.J. Wallace (28), are now adults.
This potential sale reflects the continued strong demand in the music catalog market, following recent major transactions including:
- Warner Music's acquisition of Tempo Music catalog
- Reservoir Media's purchase of dance label New State
- T-Pain's catalog sale to HarbourView Equity
- Red Hot Chili Peppers' rumored $350 million recordings deal
Separately, the Biggie 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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