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?
Dr Kemi Olunloyo is a U.S Trained International Journalist, Clinical Pharmacist, Public Relations Specialist, Gun Violence Activist and Social Media Personality featured NTA, MTV, VH1, BET, Toronto Sun, Global TV, Macleans, National Post, Toronto Star, Flow 935FM, KISS 921 FM, Z103FM, 680 News, AM640, Newstalk1010, CBC, CNN, FOX News, CTV, CP24, Radio Nigeria, BBC, RT, TVC Nigeria, Galaxy Nigeria, Sahara Reporters and lots of Global Media
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MY MUSIC CELEBRITY PHOTO ALBUM
Friday, January 9, 2009
DEATH ROW RECORDS BACK ON THE AUCTION BLOCK!
Labels:
death row records,
label feuds,
music labels
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