It doesn’t seem all that long ago that once almighty Death Row Records was such a prominent force in the music industry raking in $750 million dollars in revenue back in the ’90s, not to mention that “Tha Row” was also once the recording home to rap superstars like Snoop Dogg, Dr. Dre, and the late Tupac Shakur. In actuality though, that was about 15 years ago and it’s most definitely not a secret that the now fallen rap label has gone through some harsh times. It’s like the saying goes, the bigger they are, the harder they fall. What was once the struggling label’s saving grace has now been sold to the tune of $24 measly million dollars to Global Music Group, Inc., including it’s trademarks, music publishing assets and most importantly it’s master recordings (which include all those Pac verses that have yet to see the light of day). Perhaps we’ll hear another poorly remixed Pac album soon.
It was reported on Jun 24 that the label was up for auction and was sold to the highest bidder at the aforementioned amount, now it’s just verified and official.
Check the press release
GLOBAL MUSIC GROUP, INC.
A NEW YORK CORPORATION FOR $24M
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