James Brown‘s estate has been sold to publishing and management company Primary Wave, for an estimated at $90million (£68million).According to reports by Rolling Stone, the deal includes the entirety of Brown’s publishing, master income stream, and name and likeness rights that were owned by the estate.This blockbuster deal follows news earlier this year that Brown‘s family had finally settled a 15 year legal wrangle over the late singer’s estate.
He had specified in his will in 2000 that he would leave very little to his heirs, other than a $2million (£1.46million) scholarship fund for his grandchildren.Most of his assets were left to establish scholarships for underprivileged children in South Carolina and Georgia.
Read more on nme.com