Rap label Death Row is going back on the auction block after the investment group who 'took over' music mogul MARION 'SUGE' KNIGHT's company ran out of cash. The assets of the label, which was once the home of Dr. Dre, Tupac Shakur and Snoop Dogg, will be sold off again on 15 January (09). Death Row initially filed for Chapter 11 protection in April 2006, and, after a series of stalled bids and failed takeovers, investment group Global Music agreed to buy Death Row in June 2007.
But that deal has since collapsed because, according to label co-founder Lydia Harris, some potential investors were too scared of crossing ex-convict Knight. Harris, who started Death Row with Knight and her incarcerated ex-husband Michael Harris in 1991, won a large cash settlement deal in a court battle with Knight in 2005. According to Billboard.com, she remains one of many creditors who could benefit financially from the auction of Death Row assets.
Say what? Too scared of crossing Suge? Wasn't he decked out by some barber in a free for all brawl last year? Hear what Lydia had to tell me about this whole case and the beatdown. Hiphossip is the first and only media with this EXCLUSIVE audio interview in May 2008. Don't mess with this woman!!
Lydia Harris is an angry woman and I would be too. Her Publicist was on this interview too. Also stay tuned for my never been aired interview with the alleged "baby mama" who said she was the real wife.....Zevelyn Kim Lee. I interviewed her too. Who has all the rights to this $105 million judgement anyways?
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LATEST VIDEO : KJ LAUNCHES HIS FIRST RAP SONG "MY MOM'S A SNITCH"
A bunch of 8-year-old girls were watching this earlier and had the hots for ma baby. He wrote it all. I just put the video together for him and produced the track. It's a first. KJ wrote this song based on my work with families of crime victims hosting FREE news conferences for them.
We need to snitch the right way. So many young men are murdered in Toronto and cases not solved!! You can find this video on Toronto Police's TAVIS FB page. Good job KJ. Now the next track..."Drake's Mom" based on her great advice on his career. LOL! You can download the song for $1.29 on Reverbnation store.
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Friday, January 9, 2009
DEATH ROW RECORDS BACK ON THE AUCTION BLOCK!
Labels: death row records, label feuds, music labels
