- The late rapper’s catalog and rights can reach $ 150 million.
- The deal includes 50 % of the main publication, registration and advertising rights.
- Biggie ownership, which is valued at $ 10 million, has grown to more than $ 160 million.
When hip-hop conversation converts to myths, Bigi Smalls- Big notorious. – It inevitably enters the discussion. The Hip-Hip-Hop Titan in the nineties, his albums Death and Life after deathMasterpieces, masses of families are considered to tell live stories and difficult words about street life, wealth and personal conflicts.
Now, nearly three decades of his death at the age of twenty -four, the legacy of Brooklyn’s music has become a legend in the limelight again.
Catalog of millions of dollars
according to Hollywood ReporterThe ownership of Christopher George Latory Wallace (the real name of Biggie) is about to conclude a huge deal of $ 150 million (about 240 million Australian dollars) with independent music publishing power Primary waveIt is possible to reshape how future generations experience his iconic work.
After the killing of Baiji in 1997, his mother, Violette Wallace, seized his property and managed to grow an inheritance of $ 10 million to an empire now worth more than $ 160 million. Promotion deals and brand cooperation – which included the 2011 partnership with Brandens, helped for licensing and promotion partners – the estate in prosperity.
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However, after the death of Biggie’s mother last month, music producers represent Mark Pitts and Wayne Burrow Biggie … and prepare for the highest bidder.
Age deal
If the deal continues, the elementary wave will have a 50 % stake in Biggie’s deployment, major recordings and advertising rights. In a simple phrase, the company will have partial control over everything starting from its unforgettable verses to its voice and an recognized image that made it a cultural symbol.
The value of publishing rights alone is $ 100 million, and it is estimated that the main recordings have a value ranging between 30 and 50 million dollars, which makes the single deal for books.
And if you are wondering if the name Biggie will be in a good company – don’t worry about it. The initial wave already has a All-Star menu includes Bob Marleyand Whitney Houstonand Smoky RobinsonAnd Steve Nix. If the negotiations are concluded as expected in the coming weeks, the Biggie legacy will be officially in the hands of one of the largest players.
