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  • Death Row Gets Sold to New Label

    Fri, 16 Jan 2009 15:17:03

    Death Row Gets Sold to New Label - For $18 million

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    • Snoop Dogg - GRANADA HILLS, CA - SEPTEMBER 07: (L-R) Recording artist Ray J, actor Alex Thomas and Snoop Dogg attend the 2nd Annual Celebrity Flag Football Game benefiting Athletes VS. Cancer at Granada Hills Charter High School on September 7, 2014 in Granada Hills, California.
    • Snoop Dogg - GRANADA HILLS, CA - SEPTEMBER 07: Rapper Snoop Dogg attends the 2nd Annual Celebrity Flag Football Game benefiting Athletes VS. Cancer at Granada Hills Charter High School on September 7, 2014 in Granada Hills, California.
    • Snoop Dogg - GRANADA HILLS, CA - SEPTEMBER 07: Rapper Snoop Dogg (slippers detail) attends the 2nd Annual Celebrity Flag Football Game benefiting Athletes VS. Cancer at Granada Hills Charter High School on September 7, 2014 in Granada Hills, California.

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    Wide Awake Entertainment, a label with less than a year under its belt, has snagged Death Row Records for $18 million as part of a Chapter 11 proceeding in Los Angeles. Global Music had first agreed to buy the company last summer, but it was unable to raise the $25 million it bid for such platinum-coated assets as Dr. Dre's The Chronic, Tupac Shakur's All Eyez on Me and Snoop Dogg's Doggystyle.

    Death Row filed for Chapter 11 protection in April 2006. Three months later, a California judge ordered a bankruptcy trustee to take over.

    —The ARTISTdirect Staff
    01.16.09



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