RIP (Please!!!): The Death Of Death Row
July 14th, 2008 by 
Bankruptcy was the case that the gave them.
Death Row Records, the hip-hop label that released nearly 20 years of gangster rap with albums by Tupac Shakur, Dr. Dre and Snoop Dogg, has been auctioned for a palty $24 million.
New York-based Global Music Group Inc. said Monday that on June 24 it purchased Death Row, including its huge back catalog and current artist contracts. Now maybe we’ll finally get a count on how many unreleased Tupac records are still in the vaults.
The purchase ended the ride of one of hip-hop’s most notorious labels. Under owner Marion “Suge” Knight, Death Row sold tens of millions of albums in the heyday of early ’90s rap.
In 2006, a federal judge ordered a bankruptcy trustee takeover of Death Row Records, after a former couple, Lydia and Michael Harris, claimed they helped found the label, and won a judgment of $107 million. Knight’s decision to file for bankruptcy protection staved off a move by the court to appoint someone to take control of the record label and his assets.
Global Music Group, an independent label, takes ownership of the Death Row catalog, including Dr. Dre’s “The Chronic,” Shakur’s “All Eyez on Me” and Snoop Dogg’s “Doggystyle.”
Global Music CEO Anthony Davi, Jr., said the label was taking steps to get “the best economic results of the catalog and provide long term stewardship of the artists’ work.”
The company plans to announce details of its plans for Death Row in the near future.
We at Noiseputty pour out our collective forties on the curb in tribute to our dead homie, Death Row. You lived a little too long for our taste, but, what the heck, we never bought your stuff, anyway, except for “The Chronic.” So dere.
Posted in Bizzare News | 