We continue analysis of [1] and study rigidity and stability of the mathfrak{b}mathfrak{m}{mathfrak{s}}_4 algebra and its centrally extended version widehat{mathfrak{bm}{mathfrak{s}}_4} . We construct and classify the family of algebras which appear as deformations of mathfrak{b}mathfrak{m}{mathfrak{s}}_4 and in general find the four-parameter family of algebras mathcal{W} (a, b; overline{a},overline{b} ) as a result of the stabilization analysis, where mathfrak{b}mathfrak{m}{mathfrak{s}}_4 = mathcal{W} (−1/2, −1/2; −1/2, −1/2). We then study the mathcal{W} (a, b; overline{a},overline{b} ) algebra, its maximal finite subgroups and stability for different values of the four parameters. We prove stability of the mathcal{W} (a, b; overline{a},overline{b} ) family of algebras for generic values of the parameters. For special cases of (a, b) = ( overline{a},overline{b} ) = (0, 0) and (a, b) = (0, −1), ( overline{a},overline{b} ) = (0, 0) the algebra can be deformed. In particular we show that centrally extended mathcal{W} (0, −1; 0, 0) algebra can be deformed to an algebra which has three copies of Virasoro as a subalgebra. We briefly discuss these deformed algebras as asymptotic symmetry algebras and the physical meaning of the stabilization and implications of our result.
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