SUGE
KNIGHT's legendary hip-hop label, DEATH ROW
RECORDS, was auctioned and sold on WEDNESDAY for
$24 million.
GLOBAL MUSIC GROUP's President SUSAN BERG
shelled out the cash, putting her in control of
all the recordings by TUPAC SHAKUR, SNOOP DOGG
and DR. DRE during their stay at the label. And
as a bonus her purchase also includes an
additional 20 unreleased 'PAC tracks.
Considered one of the most infamous labels from
the mid-90's, former owner SUGE KNIGHT was
forced by a bankruptcy court judge to auction
all assets to the highest bidder.
The troubles began in 2005 when KNIGHT was
ordered to pay $107 million to former partner
LYDIA HARRIS who accused him owing her profits
after she was forced out of the label. This
caused SUGE to file for bankruptcy in APRIL 2006
when KNIGHT filed for federal bankruptcy.
Prior to BERG's purchase, WARNER MUSIC GROUP and
KOCH RECORDS had also shown interest in buying
the label's music catalog.
