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Saturday, November 21, 
4:01 pm

Death Row Records to rap up sale soon

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tupac.gifBankrupt Death Row Records Inc. will finally be selling the label's trademarks, copyrights, videos, master recordings, compositions, digital and merchandise rights, and artist agreements without a stalking-horse bidder. Bids for the assets of the record company, which featured artists including Tupac Shakur, Snoop Dogg, and Dr. Dre, are due on Nov. 17, and the auction and sale hearing are scheduled for Dec. 9, The Deal's Jamie Mason reports.


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One of the most interesting -- and disputed -- items in the auction will be an unreleased CD of late rapper Tupac Shakur. Through a 1997 settlement with Interscope Records, which was once owned by Warner Music Group Corp., Shakur's estate and Death Row's co-founder and president, Marion "Suge" Knight, Death Row has the right to buy the disc of the Shakur material. Death Row also wants court approval to sell Knight's personal property at a public auction after the General Counsel of Global Music Group Inc. alleged that numerous master recordings of Death Row Records may have been stolen by Knight and Carl "Butch" Small prior to the bankruptcy filing, according to MarketWatch. If approved, the sale would include Knight's compact discs, music album cover artwork, computers, awards, clothing, furniture and fitness equipment, which are being held in storage.

Global Music Group Inc. was originally the winning bidder in an April auction, but it dropped out of the deal after objecting to the bidding procedures. Death Row filed for Chapter 11 protection in April 2006. - Maria Woehr




Comments

From: Dr. Marlin McNichols,

Dear SirL

I have read several reports that Death Row Records have been sold. I understand that a investment group out of Torondo Canada brought the copyrights, videos, master recording, compoitions, digital and merchandise rights and artist agreements.

Could you verify if Death Row Records and all its properties have been purchased.

Thank you,

Dr. Marlin McNichols


From: JayDee,

This is the answer to Dr. McNichols question, I'd like to hear his thoughts.

How Death Row Records came to Canada

http://www.theglobeandmail.com/servlet/story/RTGAM.20090123.wdeath0124/BNStory/
Entertainment/?page=rss&id=RTGAM.20090123.wdeath0124


From: Dr. Marlin McNichols,

Mr. JayDee it has been so many people, companys, and investors claiming to had brought Death Row Records. My company represented an investment group that had an interest in buying Death Row interllectual properties at one time. When I read that an media investment company out of Canada made a successful offer, I was just following up to verify the information.

Dr. Marlin McNichols




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