Blog: BrooklynVegan

Death Row Records sold for for $18 Million, Notorious opens

Death Row Records sold for for $18 Million, Notorious opens The assets of Death Row Records, said to include master recordings of Tupac Shakur, Snoop Dogg and Dr. Dre, were auctioned off today (Jan. 15) for $18 million to WIDEawake Entertainment Group, a development company out of Canada. Because of the less-than-expected acquisition price, the only creditor likely to capture a return after lawyers and other Chapter 11 administrative fees are paid is the Internal Revenue Service. That means other creditors, including unsecured ones like co-founder Lydia Harris, will be left out in the cold. Harris isn't content with the verdict. "This was all [...]
Tags:
Location: New York, NY