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New Owners Of Death Row Sued For $25 Million 
Published Wednesday, July 16, 2008 1:43 PM
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By Ismael AbduSalaam

Despite a high profile acquisition of Death Row Records by Global Music Group, the legal woes for the former Hip-Hop giant continues, as venture capitalist Ron Goldberg is suing the new owners for $25 million.

 

Goldberg alleged in Superior Court that the investors he recruited for the acquisition conspired with Global Music Group president Anthony Marotta and closed the deal without his knowledge.

 

He also names Susan Berg and Reggie Bush of RSB Investment Strategies as parties he recruited for the deal. Global Music Group acquired Death Row Records for $24 million just weeks ago, on June 24.

 

Goldberg further claims that the investors and Marotta used “confidential know-how, data, techniques, and contacts” that Goldberg himself had polished and refined for the deal. Death Row Records was founded in 1991 by Dr. Dre and Marion “Suge” Knight.

 

At its peak in 1995, the label was home to Tupac, Snoop Dogg, Tha Dogg Pound, The Lady of Rage, DJ Quik and many other West Coast stars.

 

Following the untimely death of Tupac Shakur in 1996 and the subsequent departures of Dr. Dre and Snoop Dogg, the label began a tumultuous decline behind unpaid royalties, inaccurate accounting practices, and Suge Knight’s periodic incarcerations.

 

Knight filed for Chapter 11 bankruptcy protection in April 2006, after losing a $100 million lawsuit to Death Row’s contested silent partners, Lydia and Michael “Harry-O” Harris.

 

Global Music Group’s $24 million acquisition gives the company all of Death Row’s assets, including its masters.


Comments

 

HTX2DC said:

that label must be cursed or somethin...

i wouldnt buy Death Row for $1!!!

naw i'm lying...
July 16, 2008 1:47 PM
 

HTX2DC said:

i'm second to no one
July 16, 2008 1:53 PM
 

Goldberg said:

Damn, I guess my uncle wasn't bullsh!ttin..
July 16, 2008 1:56 PM
 

DEKALBCOUNTY said:

Everybody want a piece of that pie. 2pac masters alone are worth more than $24 million
July 16, 2008 1:59 PM
 

DEKALBCOUNTY said:

Everybody want a piece of that pie. 2pac masters alone are worth more than $24 million
July 16, 2008 1:59 PM
 

07/16/08 - New Owners Of Death Row Sued For $25 Million said:

July 16, 2008 2:02 PM
 

thehustler07 said:

Have you GUYS CHECKED OUT

HIPHOPSTAN.COM!!!!??????

OMG!!!!!!!!!!!!!!!!!!!!!!!!!!

HipHopStan.com my homies!!
July 16, 2008 2:09 PM
 

WILLY KILLEM? said:

The plot continues to thicken for this cursed label....smh.
July 16, 2008 2:10 PM
 

Antman313 said:

wow some more problems wow...
July 16, 2008 2:10 PM
 

NewWest-310 said:

If thats true thats fucked up. Either way though GMG gonna win cuz if they lose the lawsuit, they could pay that off w/ just a couple licensing agreements. Ron Goldberg really lost on this one.

Cop that B.O.S.S. when it drops
July 16, 2008 2:12 PM
 

Esq. of LastLeveL said:

DAYUM!!!!
July 16, 2008 2:20 PM
 

youngregin07 said:

Dr. Dre should've bought all the masters made on Death Row from 1992 thru 1996. Anything else after that wasn't really worth the money.
July 16, 2008 2:22 PM
 

slimturk said:

ouch ouch ouch ouch.....

how many more times can i say OUCH OUCH OUCH....

this label is contaminated with a curse...one that will not go away....damn


I want to see what these tupac tracks will sound like....im also getting older and older...release the damn masters already....and i want some of them dr dre and snoop tracks ....
July 16, 2008 2:26 PM
 

Tommy K. said:

I swear I wouldn't have even brought that ish. Too much drama involved.
July 16, 2008 2:38 PM
 

Cmacjb said:

Damn it seems Death Row records really do cause death for people 24 mill???? SMH Death Row fell off ever since Pac died and Snoop left.
July 16, 2008 2:42 PM
 

fabionthegreat said:

Man, this shit is gonna make BANK for these people.  I have a feeling they don't really have respect for the music, so every "black" comedy that comes out from now on will have some death row shit on it...bet.
July 16, 2008 2:59 PM
 

ThaBlackYouTube said:

Boy they keep some crap going.
July 16, 2008 3:02 PM
 

lil_mikey_da_gooch said:

white folks love to fight over black folks shit. just another case of that here
July 16, 2008 3:10 PM
 

K.r.u.n.k.y said:

aint never think i would see that legendary logo again. shit just gave me shivers .. rip deathrow.
July 16, 2008 3:15 PM
 

nap said:

that label aint cursed, the right people just know how much money in it and they want in thats all...
July 16, 2008 3:28 PM
 

DwayneTheDreamPsychic said:

Hopefully they wont commercialize those songs and we see one of those songs for a Mcdonalds, Burger King, California Raisans or Kellogs commercial...

When that happens I will cry.  Thats what they want to do. See Suge holding that stuff was holding principles.  Suge means a lot guys wheter you disagree or not.  It sure is strang he got into that altercation then the music is sold a month or so later...

Im Just Saying....

Go to my blog today and read.

"Is there a Gay trend on the rise?"

http://dreampsychci.blogspot.com
July 16, 2008 3:31 PM
 

mu$h da great said:

dre & snoop should have put up that bread to obtain there shit back.
July 16, 2008 3:33 PM
 

raynestizzy said:

If I had millions right now, I would have bought that label. Fuck being scared, fuck curses and all that. Thats a gold mine of classic material... I would have done what I could with it, then sold it to the highest bidder for millions more :)

~SO SAYZ RAYNE STIZZY~
www.raynestormmusic.com
www.reverbnation.com/raynestorm
www.myspace.com/raynestormmusic
July 16, 2008 3:40 PM
 

slimturk said:

@ nap,

That is very very true....since Suge Knight owns all the masters and rights to the legends of hiphop from the 90's...

*******

I just imagine how much the actual label is worth....They way these sue cases keep continuing for this label we will never know the actual truth...hopefully one day the music is released while we are YOUNG..
July 16, 2008 3:41 PM
 

CrazyJ1 said:

that shit is cursed! Its like buying the bricks from the building where the Saint valentine massacre was at!
July 16, 2008 3:46 PM
 

TheTakeover88 said:

Death Row cursed just like Aftermath.
July 16, 2008 4:02 PM
 

Hip Hop GM said:

Shady Ass Game Boy.
July 16, 2008 4:04 PM
 

JohnnyACE562 said:

I just hope Dr. Dre can buy back the rights to The Chronic

And Snoop can get Doggystyle (+others) back too
July 16, 2008 4:14 PM
 

rocafellareppin said:

Shout to harry O for finally gettin paid.... now lets just hope Suge gets killed will a bullet to the head.
July 16, 2008 4:16 PM
 

42wo non-fakin said:

Dj Quik and Deathrow, Where was I? Maybe produced Quik Never signed with that Dummy Label!
July 16, 2008 4:16 PM
 

Daily Recap - 7/16/08 at SNICKA.com said:

July 16, 2008 4:35 PM
 

VillianMisses said:

Damn... Its always something foul with the 'Row. Remember when Suge was about to have Left Eye (R.I.P.) become Nina?
July 16, 2008 5:16 PM
 

J-DUBB THA YOUNG HECTIC said:

Deathrow is just bad energy or something. must be the curse of Makaveli
July 16, 2008 5:49 PM
 

Optimo said:

Dre, Snoop or 1 of these dudes should've bought Death Row back! WTF?
July 16, 2008 6:39 PM
 

Darnell004 said:

Damn Death Row can't win for anything
July 16, 2008 7:33 PM
 

c4_gutta said:

Damn... oh well!
July 16, 2008 8:32 PM
 

MACCAPONE said:

WOW CUZZ
July 16, 2008 8:38 PM
 

Rosco! said:

LMAO dat sux. As soon as they buy it dey git sued.
July 16, 2008 8:45 PM
 

tha clear said:

death row records is the greatest failure of all time
July 16, 2008 9:16 PM
 

Active-One said:

Damn.  
July 16, 2008 10:02 PM
 

Kappagem said:

wow...

Death Row truly is DEATH...

Niccah, this sh*t right here...

This sh*t right here...

This here is DEATH...

haha...Not DEAF...but DEATH...
July 17, 2008 12:35 AM
 

muhammed ali said:

raynestizzy said:
If I had millions right now, I would have bought that label. Fuck being scared, fuck curses and all that. Thats a gold mine of classic material... I would have done what I could with it, then sold it to the highest bidder for millions more :)

I COSIGN DAT HOMIE."NEVA PERSONAL ALLWAYS  BUIZNESS"
July 17, 2008 2:58 AM
 

In tha Naw said:

why would you buy death row in the first place? what happened to Petey Pablo on death row? shit, Suge called him the 'next pac'.. dumbass...


i might be a lil tipsy right now but fuck it, Suge killed Pac AND Big.

fuck deathrow, suge couldnt muster up a plan B after all these years???
July 17, 2008 4:12 AM
 

In tha Naw said:

raynestizzy said:
If I had millions right now, I would have bought that label. Fuck being scared, fuck curses and all that. Thats a gold mine of classic material... I would have done what I could with it, then sold it to the highest bidder for millions more :)

_______________________-
you might be right looking at it at that aspect.. but honestly how long is the general public gonna keep buying recyled 2pac shit? He is a hip hop legend no doubt, and the chronic and doggystyle are classics hand down.. but that shit was damn near 20 years ago.. how valuable is it?? you aint gon hear pac or snoop from the 90s in some mcdonalds commercial or espn highlight song today. what profit can u make? everyone already bought up the tupac 'unreleased' and 'remixed' blah blah blah.. its like beating a dead dog
July 17, 2008 4:15 AM
 

Water Ur Seeds said:

THE CURSE OF THE ROW...
July 17, 2008 5:04 AM
 

hoodstarkamau said:

Deathrow killed Pac...Bound to be cursed
July 17, 2008 8:02 AM
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