Death Row Records is a renowned American record label. In 1991, this record label was founded by famous rappers like Dr. Dre, Dick Griffey, and Suge Knight. Dr. Dre, Snoop Dog, and Tupac took Death Row Records in a sensation by releasing super hit albums.
In 2006, Death Row Records filed for bankruptcy. Since then, “Who owns Death Row Records now?” has become a widely asked question on the internet.
First, let us be specific to the question. In February 2022, Snoop Dogg bought Death Row Records from MNRK Music Group. Before MNRK Music, Death Row Records was a division of Hasbro. Although Death Row Records was climbing to financial success, it was sold for the departure of Dr. Dre, Tupac, and Suge Knight. Nowadays, Death Row Records is owned by Snoop Dogg.
How much did Death Row Records sell for?
After the bankruptcy announcement in 2006, Death Row Records was acquired at auction. In 2009, WIDEawake Entertainment bought it for $18 million. After WIDEawake Entertainment and MNRK Music, Snoop Dogg has purchased Death Row Records.
Death Row Records has faced a lot of controversies. In the late 1990s, the record label began to decline after the imprisonment of Suge Knight and the death of its prominent artist — Tupac. While enjoying financial success, Death Row Records embroiled in violence, lawsuits, and controversies.
Therefore, the famous American record label filed for bankruptcy. Three years later, it was auctioned for $18 million!
How much did Snoop Dogg buy Death Row Records?
In February 2022, Snoop Dogg purchased Death Row Records which launched his career. According to many magazines, Snoop Dogg paid $18 million for Death Row Records.
In 2009, Death Row Records was bought by WIDEawake Entertainment. Three years later, the owner of WIDEawake Entertainment was bankrupted. Hence, he sold the Death Row Records to Entertainment One. In this period, Death Row Records became a division of Hasbro.
Who owned Death Row Records before Snoop Dogg?
Death Row Records was owned by MNRK Music Group before Snoop Dogg.
Dr. Dre founded Death Row Records in 1992. Throughout history, have a glance at the ownership of Death Row Records
|Owner of Death Row Records||Buying Year|
|WIDEawake Entertainment||15 January 2009|
|eOne Music||April 2021|
|Snoop Dogg||February 2022|
In April 2021, Entertainment One sold the Death Row Records to The Blackstone Group. One year later, Snoop Dogg bought it from MNRK Music Group. He paid $18 million to have Death Row Records.
Is Death Row Records worth $18 million?
Throughout history, Death Row Records was making $100 million per year at its peak! It has gone through ups and downs.
Snoop Dogg has stated that he was appreciative and thrilled of the opportunity to acquire the iconic Death Row Records. He added that he was part of it at the beginning of his career and he feels good to have ownership of the label.
Dr. Dre and Snoop Dogg made Death Row Records a multi-million dollar business at the initial stage. Releasing multi-platinum music albums, Death Row Records became one of the renowned record labels in the US.
In the early 1990s, Suge Knight and Dr. Dre invested $250k for Death Row Records. Within a decade, they grossed more than $100 million. It was a great commercial success.
After the death of Tupac and the imprisonment of Suge Knight, Death Row Records was also enjoying financial success. After bankruptcy, the record label has gone through a financial crisis. However, if it gets proper guidelines, Death Row Records is worthy of making money.
Snoop Dogg is very familiar with Death Row Records. He can lead this label properly. There is a big possibility of coming back in the competition for Death Row Records. Buying Death Row Records for $18 million has been a great deal.
In a sentence, our research concludes by saying that Death Row Records is worth $18 million.
Is Death Row Record still a label?
Yes, Death Row Records is still a record label. It is still releasing albums. The question was raised when it was bought by Blackstone. There was a big possibility of making Death Row Records something innovative. Thankfully, they didn’t. Death Row Records is still a record label.
- https://www.bbc.com/news/entertainment-arts-60330421 — BBC report on Death Row Records.
- https://abcnews.go.com/Entertainment/SummerConcert/story?id=5406064&page=1 — The Rise and Fall of Death Row Records.