Death Row Records Sold
Death Row records was sold yesterday to Global Music Group’s president, Susan Berg. What does this mean? Well, it means that Berg now owns ALL recordings by Dr. Dre, Snoop Dogg, and Tupac, that were made while the label was still active. The label was purchased for $24 million. Global Music Group beat out Warner Bros. as well as Koch Records in this auction. After former owner Suge Knight filed for federal bankruptcy in 2006, he was forced by a bankruptcy court judge to auction all assets to the highest bidder.
A cool $24 million for all of that music. If you read the rest of the article here it goes on to say how there is some un-released Pac material included. Who would have thought? Hah. Another Pac album will probably drop in the next 2 years.
