James Brown Estate Sold for $90 Million

After 15 years of dispute, James Brown’s estate has reportedly sold the late singer’s music assets to the publishing and management company Primary Wave.

While the company did not provide an official comment on the financial details of the deal, a close source revealed that Primary Wave bought the entirety of Brown’s publishing, master income stream, and name and likeness rights for, as reports say, an estimated $90 million.

Brown’s original wish was to have what was left of his assets at the time of his death to establish scholarships for underprivileged children in South Carolina and Georgia, but the fund was delayed due to contention among the iconic singer’s heirs. But now, Brown’s benevolent dream is coming closer to fruition as the money from the sale will fund scholarships, says Primary Wave’s founder and CEO Larry Mestel. 

“Wow, I am awed that Primary Wave has been chosen by the estate of James Brown to partner with the Godfather of Soul,” Mestel said in a statement. “We are thrilled to help continue the expansion of his influence and further his legacy through both his music and The James Brown 2000 Trust.”

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