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Deathrow Shutting Down For Good?

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Deathrow Shutting Down For Good?

Postby IceAxe » Mar 11th, '07, 22:10

In what seems to be the final page in one of hip hop's most sordid chapters, CEO Suge Knight is reportedly shutting down Death Row Records for good. In an interview with the New York Post, Suge revealed that he wanted to end the infamous label's legacy for good, as advised by preachers Noel Jones and T.D. Jakes.
In 2005, Knight was ordered to pay Lydia Harris $107 million in punitive and economic damages. Harris alleged that Knight shut her out of the record label, despite her having co-founded it. In April 2006, Suge filed for Chapter 11 bankruptcy, citing over $137 million in outstanding debt (with only $4.4 million in assets).
As a result, one of the most controversial figures in hip-hop has decided to shut down the notorious label - ending in a far different manner than it began. At one point, Death Row was home to such high-profile acts as Dr. Dre, Snoop Dogg, and Tupac. Knight was subject to much scrutiny following the death of Tupac, which many have speculated began the record label's downward spiral.
According to the Post, Suge would like to liquidate his publishing rights and settle his debts, rather than attempt to continue running


Source- http://www.hiphopdx.com
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Postby Global » Mar 12th, '07, 00:15

lmao thats my source :p n i was gonna post this but it was gonna be usless newsanyways
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Postby Sleepy » Mar 12th, '07, 21:24

pity in my view greatese rap label of all time :(
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Postby Shady's_Back » Mar 13th, '07, 00:15

Would be sad to see it go just because of it's history, but at present it may aswell shut down because it's not going anywhere.
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Postby mdeuce » Mar 13th, '07, 03:56

i thought suge knight filed bankruptcy last year
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Postby pawel » Mar 13th, '07, 14:51

mdeuce wrote:i thought suge knight filed bankruptcy last year

that's what I thought too :S
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Postby AspirinE » Mar 13th, '07, 14:58

it still exists?
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Postby Hoopz » Mar 13th, '07, 16:14

It died September 13th, 1996.
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Postby pawel » Mar 14th, '07, 20:38

Hoopz wrote:It died September 13th, 1996.

-.-
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Postby Sleepy » Mar 14th, '07, 20:58

pawel wrote:
Hoopz wrote:It died September 13th, 1996.

-.-


true

when dre left it wasnt that huge of a loss cos they probably had other good producers but when pac died it was only snoop and when snoop left it was over

R.I.P makaveli
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