I remember reading in Perennial Seller that most of a successful music artist's income comes from their back catalog.
Primary Wave is reportedly close to acquiring a significant stake in Notorious B.I.G.’s music catalog plus name and likeness rights in a deal that could be valued between $100 million and $150 million.
The deal comes shortly after the death of Voletta Wallace, the rapper’s mother, who passed away last week at age 78. She had been instrumental in managing her son’s legacy since he was killed in a shooting in 1997, producing a biopic for Wallace and overseeing the management of his estate.