Death Row Records reportedly being sold in $600million deal
News
Death Row Records is reportedly being sold as part of a $600million deal.
According to a report from Digital Music News, LA-based label Death Row Records, which is owned by Hasbro, may be sold as part of the sale of the label’s umbrella company, Entertainment One (eOne).
In 2008, after the label initially folded following the incarceration of founder Suge Knight, entertainment development company WIDEawake bought Death Row Records for $18million, before Hasbro announced a $4 billion purchase of umbrella company Entertainment One (eOne), making them the owners of Death Row Records.
The reports of a $600million sale come less than two years since Hasbro acquired eOne, which also includes Dualtone Records, Last Gang Records and V2.
Founded by Dr. Dre, Suge Knight, The D.O.C. and the late Dick Griffey, Death Row Records catapulted West Coast hip-hop in the spotlight throughout the early ’90s, releasing some of the most iconic rap albums of all time, including Dr. Dre’s ‘The Chronic’ and Snoop Dogg’s debut album, as well as 2Pac’s ‘All Eyez on Me’.
Earlier this month, to celebrate the 30th anniversary of Death Row Records, the label announced it would be reissuing classic albums from the likes of 2Pac and Snoop Dogg on cassette.
