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| Hip Hop Talk Post Rumors and Hip Hop related info here(not so much news). album sales, soundscan charts, tracklists etc
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#1 |
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Join Date: Feb 2007
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The entire Death Row Records catalog was sold to the highest bidder at an open auction yesterday, January, 15th (09).
According to reports, a Canadian company called Wide Awake Holdings walked away with priceless Hip Hop history for a mere $18 Million. The auction was originally set to start at $24 Million, however Warner Music Group lowered the starting bid for unknown reasons to $18 Million. Lydia Harris, who co-founded the label, wasn't too pleased with Warner's move. According to Blender Magazine, Harris won a $107 million settlement against Knight in 2005. The label subsequently went into bankruptcy in 2006, and a bankruptcy court ordered the labels assets liquidated. In a previous auction a company with a winning bid of $24 million defaulted on payments, restarting the auction that went down yesterday. "I'm extremely frustrated with the judicial system that has allowed all of the lawyers to be paid and none of the people who were instrumental in creating Death Row Records to receive a dime," Harris tells Blender. In other news… Dr. Dre Sues Death Row Ghostwriters Exposed Death Row Records Auction On S... Afeni Shakur Moves Against Unr... Amongst the numerous items purchased were: -The Actual Death Row Records Electric Chair -Suge Knight’s Cigars & Engraved Cases -Snoop Dogg, Dr. Dre’s ‘Source Awards’ -Original Paintings & Framed Portraits -Tupac Shakur Collectibles -Framed Gold and Platinum Records -Louis Vuitton, Gucci, Versace & Cartier Items -Fitness Equipment (The Complete Gym) -New & Personal Clothing -Office Computers & Furniture -Promotional CD’s, Posters, Stickers Etc. -300,000 Sealable CD’s in Original Packaging source: Datpiff.com |
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| The Following User Repped to p-money123 For This Useful Post: | MaSon (01-16-2009) |
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#2 |
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Come On Come On
Join Date: Jan 2006
Location: Jamaica,Queens
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whats the point ...they done
__________________
watch ya feet dont scuff these nigga you couldnt buy the box. -lloyd banks |
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