January 16, 2009 |
After several tumultuous years of failed bids and aborted takeovers, notorious rap music label Death Row was plucked off the auction block once more, this time by a Canadian entertainment company that offered $18 million. Toronto-based WIDEawake Entertainment Group submitted the winning bid to U.S. Bankruptcy Court in Los Angeles against competitors Warner Music Group and Conquest Media Group.
August 26, 2008 |
Trustees in the bankruptcy of Death Row Records asked a judge to let them seek new buyers for the rap label, saying that the winning bidder in a June auction, Global Music Group Inc., had failed to close the $24-million deal. The two trustees also asked the Los Angeles bankruptcy judge to order Global Music Group to stop saying it had the "exclusive" rights to purchase Death Row's assets. Partners in Global Music Group who were fighting among themselves for control of Death Row Records said Aug. 13 they had reached a truce and would work together to close the sale after missing a July 23 deadline.
July 15, 2008 |
Death Row Records, the hip-hop label that released seminal gangster rap albums by Tupac Shakur, Dr. Dre and Snoop Dogg, has been auctioned for $24 million. New York-based Global Music Group Inc. said Monday that it had purchased Death Row, including its enviable back catalog and current artist contracts. The purchase concluded the roller-coaster saga of one of hip-hop's most famous labels.
CALIFORNIA | LOCAL
January 2, 2008 |
A jailed drug dealer and his bankrupt wife allegedly duped a Los Angeles judge to obtain a $130-million default ruling against Death Row Records chief Marion "Suge" Knight, according to a legal motion expected to be the focus of a hearing today in Los Angeles County Superior Court.
March 24, 2006 |
A judge said Thursday that Death Row Records would be placed in receivership unless label founder Marion "Suge" Knight appeared at a debtor hearing next month. Los Angeles County Superior Court Judge Ronald M. Sohigian ruled in a lawsuit by an imprisoned drug dealer seeking half of a $107-million award to the inmate's ex-wife, who said that she helped start the rap record empire and that Knight owed her the money.
November 27, 2005 |
1. Which of the following words is not in the latest edition of the Oxford English Dictionary? a) bling-bling b) ghetto fabulous c) floss (show off) d) phat -- 2. Which major city claims to have the first "hip-hop mayor"? a) St. Louis b) Detroit c) Atlanta d) Palm Springs -- 3. In 2001, Suge Knight renamed his Death Row Records label. What is the company now known as? a) Death Records b) Life in Prison Records c) Tha Row Records d) Really, I'm Innocent Records -- 4.