July 15, 2008 11:54
Death Row Records sold for £12 million
Firm snaps up the former home of Tupac Shakur and Snoop Dogg
Death Row Records – the hip-hop record label that released albums by artists including Tupak Shakur and Snoop Dogg – has been sold to a New York-based firm for $24 million (£12 million).
Global Music Group bought the label at auction, reports Associated Press, acquiring the label's entire back catalogue and reportedly the rights to unreleased material by Shakur.
The acquisition could pave the way for previously-unheard material by the late rapper to be released.
The label, previously owned by Suge Knight, released pioneering hip-hop albums, including 'The Chronic' by Dr. Dre and 'The Doggfather' by Snoop Dogg.
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