Tupac Shakur's Catalog Of Unreleased Music Purchased By Jay Z And Roc Nation? Rumors Hint A Biography By A 'Serious Writer' And New Merchandise Out Later This Year!

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Looks like new music and other material from Tupac Shakur's estate is coming soon.

With over 75 million records sold worldwide, Tupac Shakur without a doubt is one of the best-selling music artists of all time. The hip-hop artist's voice was most recently sampled on "Mortal Man" from Kendrick Lamar's hit album, "To Pimp A Butterfly" and previously in a Powerade commercial featuring the rapper reading poetry taken from his song, "Mama's Just a Little Girl."

According to RunTheTrap, the commercial signifies a new beginning for the Tupac Estate.

Back in 2013, JAM Inc. met with Afeni Shakur, Tupac's mother and reached an agreement to manage and keep an eye on the rapper's business matters in partnership with Tom Whalley, who first signed Tupac to Interscope in 1991. Following their work for Michael Jackson, Otis Redding, The Ramones, Janis Joplin, Rick James, and The Doors, JAM has proven their ability to sustain a legacy.

As 2015 marks the 20th anniversary for the iconic rapper's death, this year's plans comprises of new merchandise and museum-style collections. But that's not all; they are currently in the final stages of inking a biography deal with a very serious writer.

What's even more exciting is the plethora of Tupac's creative material. JAM Inc.'s Jeff Jampool described the collection as an "embarrassment of riches" including but not limited to.

That said, not all the material is completed, however Whalley believes what is not completed, can be finished and is worth his fans hearing it, irrespective of completeness.

Billboard debunked strong rumors hinting that Jay Z and Roc Nation purchased the music catalog of Tupac Shakur's unreleased material for a whopping $384 million. The rumors began making rounds on social media Saturday, March 28 that hip-hop mogul Jay Z had purchased Shakur's unreleased work from Entertainment One. Some rumors went as far as noting that a new album from the late rapper, titled "And Now I Rise" would be released in 2016, with features from Jay Z, Beyoncé, DMX, The-Dream, Nas, Drake and Snoop Dogg.

A rep for Roc Nation denied any such acquisition has taken place.

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