Snoop Dogg is now officially the owner of Death Row Records
nme.comSnoop Dogg has announced that he is now officially the owner of Death Row Records, the iconic record label where he started his career 30 years ago.Death Row Records was founded in 1991 by Suge Knight, Dr.
Dre and Michael “Harry O” Harris. Snoop was one of the three key artists responsible for the success of the legendary west coast rap label alongside Dre and 2Pac.He released his first two albums – ‘Doggystyle’ (1993) and ‘Tha Doggfather’ (1996) – via the label before leaving for Master P‘s No Limit Records in 1998.Death Row has had a number of owners over the past two decades including toy company Hasbro, which forked out a whopping $3.8billion to buy Canadian studio Entertainment One Ltd. (eOne) in December 2019.
Part of the studio’s assets included Death Row which it purchased in 2013 after the rap label’s previous parent company went bankrupt.Today (February 9), Snoop agreed to a deal with MNRK Music Group, which is owned by private equity fund Blackstone, to become the new owner of Death Row.The exact terms of the deal haven’t been disclosed, but according to Spin, the deal is expected to include the label’s catalog.“I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand, which has immense untapped future value,” Snoop said in a press release.“It feels good to have ownership of the label I was part of at the beginning of my career and as one of the founding members.
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