Yes, it is. 'The Sopranos' is based on some real - life elements. It draws inspiration from the Mafia culture and activities that were prevalent in certain parts of the United States. For example, the power struggles, family dynamics within the criminal organizations, and the relationship between the mobsters and the law enforcement are some aspects that have roots in reality. However, it's also a work of fiction, so not every single detail is a true account.
Sort of. The show takes elements from real mob stories and combines them with fictional elements to create a compelling narrative. So, it's not a direct retelling of one specific real story, but has roots in reality.