Hip-hop mogul SUGE KNIGHT has been ordered to sell off all the assets belonging to his fallen Death Row Records label at an auction next month (Jun08). Knight first filed for bankruptcy in 2006, after the collapse of the company, and now records show he has been instructed to liquidate the label at a sale on 24 June (08). Going under the hammer will be the rights to all the recordings of stars including Tupac Shakur, Snoop Dogg and Dr. Dre - with a starting bid of $24 million, according to TMZ.com. Wannabe music bosses have until 10 June (08) to submit a bid.
Friday, May 30, 2008
SUGE KNIGHT ORDERED TO AUCTION OFF DEATH ROW ASSETS.
Hip-hop mogul SUGE KNIGHT has been ordered to sell off all the assets belonging to his fallen Death Row Records label at an auction next month (Jun08). Knight first filed for bankruptcy in 2006, after the collapse of the company, and now records show he has been instructed to liquidate the label at a sale on 24 June (08). Going under the hammer will be the rights to all the recordings of stars including Tupac Shakur, Snoop Dogg and Dr. Dre - with a starting bid of $24 million, according to TMZ.com. Wannabe music bosses have until 10 June (08) to submit a bid.
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