nobodysmiling FORUMS//REVIEWS//NEWS//MUSIC//INTERVIEWS

Judge Takes Over Bankrupt Death Row Records

Monday, July 10, 2006
By: Kenny Rodriguez


Suge KnightOn Friday a federal judge authorized the takeover of Death Row Records, due to bankruptcy and gross mismanagement.

The one-time home to hip-hop superstars Snoop Dogg, Dr. Dre and Tupac Shakur has become a ship without a captain, according to U.S. Bankruptcy Judge Ellen Carroll, who stated “it seems apparent there is no one at the helm.”

The label’s owner Marion ‘Suge’ Knight filed bankruptcy in April, citing debts amounting over $107 million. Knight told a court in May that he had only $11 to his name, along with $28,000 in possessions. He also testified that he hadn’t checked the label’s financial records in at least a decade.

The 41-year-old record exec was a no-show in court on Friday, which his creditors’ attorneys indicated was proof of his absence “at the helm.”

Knight also skipped a meeting with his creditors earlier in the week after injuring himself in a motorcycle accident last Sunday. He was “under doctor’s orders not to even go out,” his lawyer said. Another scheduled meeting was postponed after Knight said he experienced a death in his family.

Death Row’s new trustee owners can now take whatever assets are left in the label, and convert them into cash to pay off creditors.

According to the label’s official website, Death Row’s current roster includes artists Petey Pablo, Crooked I, Kurupt, and even the late 2Pac. In recent years, many of the label’s latest releases have been compilations of the dead rapper’s recordings.



(46) Comments | Post a comment »



What a dumb ass
Posted by rj2006
It's sad what it has finally come to, hasn't it? how the mighty have fallen...
Posted by GrecoHipHop
You do dirt you get dirt. He had it coming. The sadness of it is another brother falls.
Posted by MRDAVIS33
The bible says "riches unjustly gotten, shall not profiit you in the day of calamity" as we know the drug dealer, "harry o" funded your label with drug money.... So of course you know... You're gonna have to pay for that one day. Outside all the other murders and crimes you did. God did not forget, suge. It's called "redemption" part of a long slow process for all the sins you've commited. This is your punishment. Message: repent! suge knight... Take the fall....get rid of it all.... And start over clean. You still have your life, sir. As king david repented for getting a man killed to have his wife.... So can you. God forgives also. We are all human and we make mistakes. But a righteous man falls 7 times a day and gets right back up. You got time. Righteous stand up! 1!
Posted by Sair
Its not sad to see what has happend to suge...he must pay for what he did to hip hop ...the whole game was fuced up by his dumb ass...we lost pac and big (rip) because of suge...to me thats his biggest crime...im glad kurupt got out of there when he did...pete pablo can stay there forever and it wouldnt matter
Posted by WSKinfolk
People been riding his tip for years]hes mad gangsta-thug n*gga... Lol aint no one more gangsta than the us govt]i dont care what u sell, who u body, or how many goons u got]wen they want u]they will get u]let this be a lesson to the yungins]its better to fight hard and make it]then skeme n cut corners]and fall like this or worse!
Posted by cense251
Man F*ck suge knight, he is all washed up, his label has some weak ass artistes, plus i'm just sick of hearing about this n*gga, man death row records died in the same car pac did, when pac died, deathrow died, than snoop left, and dre been left, so F*ck death row records and the ceo.
Posted by shikielaandsandy
I could never be happy with the downfall of another brother. Or anybody if that. Thats the "american way" to make it off someone elses downfall. Or celebrate it.the shyt he did to the game just makes it hard to feel pity or sorrow for the dude. Shyt they had cats waving tha death row flag.....now cats looking sideways at the row. Crazy.
Posted by Kalliope4eva
Well suge wasn't an angel by no means.but personally, imma miss him.see, suge exposed alot of these fake ass wannabe gangstas out there.it was a bunch of n*ggas actin hard till suge came around.he even had interviewers scared.he reminded me of "big red"from the 5 heartbeats.
Posted by pediewheatstraw
Its funny how alot of yall blame whites for so much but, when it comes to suge its like "oh, he had it coming."don't switch up now.i'm sure "they"were looking for a reason to take him down for years.besides that,yall should know that suge is not broke and he will return.
Posted by pediewheatstraw
What label hasn't been funded with drug money?
Posted by pediewheatstraw
Talking about a needle in a haystack this is really a wild one for suge!! it sucks when you don't treat people fairly because it will always end up haunting you!!!
Posted by Black Congress
???????????? is celebrity broke the same as regular people broke??????????. I doubt suge is realy hurtin. Heel bee back. Its allot of good rappers in jail he can get out and call his label something else like solitary confinment or something.
Posted by sirchuck1984
I don't know if i should be happy or sad i'm happy because he was a prick for what he did to pac etc but i'm sad because he got some classics out there, the chronic, doggystyle etc. Pediewheatstraw what do you mean he exposed wannabe gangsta's out there im to young to remember death row when it was goin strong.
Posted by Spider bloke
The following sentence explained it all bloke.
Posted by pediewheatstraw
Suge is a money hungry bit*h he worked with the pigs ladp he had then on his pay roll and at the same time jurkin cats out of their money y yall think dre left then snoop jodeci mary j they all wanted to leave even pac then yall know next thing pac`s dead when the death row movment was on and he was talkin about some new motown sh*t it was all good until he got crazy , snoop puff all these cats wanted peace but suge wanted mo money , he could of made a change with the row but he F*cked the game up.
Posted by ghettofaculty
Why are some of you people defending suge. Just because he's a brotha doesn't means that he deserves sympathy. That would be like white people saying "it wasn't right what hitler did but he's one of us." suge is a dumb thug and had all of this coming to him.
Posted by rhb2006
No one in here is defending suge.and as far as him being dumb,don't forget he's a college graduate.cant be too dumb.hey bloke! see what i mean?none of these people talkin sht would ever think of saying these things in big suge's face.he had it "like that."
Posted by pediewheatstraw
F-ck suge! he destroyed hiphop with his hating and jealousy. He is still believed to be behind the deaths of both 2pac and big. F-ck suge knight and i'll say it to his face!!!! f-ck suge!!
Posted by Dmacknificent
Yeah, ok.
Posted by pediewheatstraw
He destroyed hip hop?fucc hip hop!!!
Posted by pediewheatstraw
Nah, ya know who destroyed hip hop?the same mufuccas who take credit for creating it.a bunch of arrogant mufuccas!!!
Posted by pediewheatstraw
For years n*ggaz been playin hard in this industry. But, as soon as a real mafioso type n*gga comes along "oh, he destroyed hip hop."i miss pac and big, but not enough to make speculations.i guess he got big l shot up too, huh?thats next.
Posted by pediewheatstraw
What you know about hiphop wheatstraw. You probably some dumb ass young white boy who dont have sh-t better to do than post dumb ass comments on hiphop websites that try to keep it real. Go listen to some alternative rock or something fagg-t!!!!!! stay in your place
Posted by Dmacknificent
You sound stupid boy.i'm blacker than a thousand midnights.all you pussies come with that white boy sh*t when yall dont have anything better to say.these days white boys do more home work than some of you n*ggaz.
Posted by pediewheatstraw
Just what i thought!
Posted by Dmacknificent
And watch how you use that word cause you aint one and dont hide behind a computer screen, thats that hoe sh-t!
Posted by Dmacknificent
Shyt hip hop "music" is still alive...hip hop fans are just complaining like a cat whos main chick aint the "flyest chick on the block" anymore. They are paying attention to err'thang but the music they so call are fans of. Oh...by the way. For the hip hop fans who didnt cop krs's cd "life" you can still save face and go and cop that rhymefest. Yeah..he aint getting alot of press cause he aint talking wreckless on his lp. But hip hop fans would rather complain like women.
Posted by Kalliope4eva
Btw..its "only" 8 dollars and some change on itunes. But you hiphop fans prolly already have the bootleg. A bunch of complainers who know nothing about hip hop history fakin' like real hip hop/music supporters.
Posted by Kalliope4eva
Exactly! where the fucc this hoe brand n*gga comin from with this white boy sht.this is chocolate city all day and night!if he was true to this, color wouldn't matter.str8 vaginal.
Posted by pediewheatstraw
Exactly!where the fucc this hoe brand n*gga comin from with that white boy sht.if he was true to this, color wouldn't matter.this is chocolate city all day and night!str8 vaginal.p.s.feelin that rhymefest!lol
Posted by pediewheatstraw
This was the inevitable colclusion to death row records that i knew it would come to, for all those who dont know, dr.dre was death row records. Suge knows absolutely nothing about the creative side of the music business. After dre and snoop left, he didnt care because he had pac. But then he passed away. And suge was doomed ever since. ?how the f^ck do you have a multi million dollar established label. And cant find no talent for 10 years(since pac passed)? because he knew nothing about that type of sh^t. Dre was mad as hell that he put his name as executive producer on the cronic, dre said that he didnt come to the studio, push no buttons, flip no switches and aint have sh^t to do with the project, but put his name big as day on the cd and tapes if you remember how the tape looked. Executive producer suge night bullsh^t. He ran that label like a drug house. I dont want to go on about all the dumb sh^t that went on but thats why i said what i said, this was the inevitable conclusion to death row records.
Posted by The Trinity
Today is a great day in hip hop that ignorant bastard is finally out of the game
Posted by Big Buck
Bottom line: he wasn't handlin' his money well or at all. Y'all readin' too much into it. A n*99a cain't balance a checkbook so that mean he destroyed hip-hop and is going to hell, right? come on y'all. Now i ain't knockin' y'all opinions cuz this is a forum...we supposed to say what we think/feel...but damn. He started off bad, and ended worse. That's just it, in my opinion...well he did start a lot of sh!t, but you can't credit one person with the so-called "destruction" of hip-hop.
Posted by udontwantnun
^^^i feel where your coming from dog, but what did he really start? i mean when suge got pac out of the pen, pac had already made up his mind that biggie and puffy set him up so the beef had already started. Maybe puffy should have bailed him out instead.
Posted by pediewheatstraw
Why i gotta listen to krs to be a hip hiop fan?
Posted by TwoUpTwoDown
Suge knight punked the industry quick thats because most of the industrys' Bia'ch
Posted by caliridah
Im glad suge got wat he wat he had cumin 2 him!!!! after all he killed tupac!!!!
Posted by anonymous
If it wasnt 4 him tupac wud still b here rip pac he flopped hip-hop 4 every1
Posted by anonymous
No question suge had this comin, its too bad he couldnt get tharow back on its feet in 2001 when he 1st got out of jail. I wonder what will happen with all that unreleased material...
Posted by BossPlaya
What you retards don't see is suge having all his money in over sea bank accounts that cant be touched. As for the label ... I think he let it go on purpose because (1) it was under too much heat (2) because hes already made 40 million or so off each album he put out & wants all those albums to be classics & hard to find ghetto sh*t (like the makaveli cds) more ppl want old death row sh*t once again. Fuq any1 who disagrees, u cant handle the truth!
Posted by Vancity
It's bout time suges big sorry ass is out the game cause the label asn't been sh*t since 2pac passed away!
Posted by Stephanie07
Well said sair
Posted by JuliaS
What has death row released since makaveli - don kilumaniti - the 7 day theory of any importance. Death row's release's consist of countless greatestt hits packages, countless money making packages from 2pac , snoop and dre. Back in the 90's i always checked for death row cos i thought they were the sh*t. Now its straight up weak ass cast offs that ain't good enuff for hip hop artists solo albums check chroinic 2000 : still smokin and too gangsta for radio. To me death row was over as soon as dre left and i think pac and snoop knew this. Suge continues to say in one sentence he wants peace but in the next he's slating snoop and dre. Again check too gangsta for radio. I ain't gonna say these cats made suge his money as i believe it was a joint effort of suge's money compiled with snoop, dogg pound, dr dre , 2pac and the entire death row rosters creativity that allowed them to forge the sound of the mid to late 90's. In closing its a shame that one of the greatest hip hop labels has come to this. To have russell simmons an all time living legend say on hip hop documentary the show suge knight i'm on his tip re: his management ethic and style and then to have this record label (death row ) end up bankrupt is a shame. Death row released some of the greatest hip hop records of not just the 90's but of all time. We can never forget that . But unfortunately the record label lost its greatness back in the late 90's and should have ceased then.
Posted by Sean ( From the UK )
F*ck suge, he should burn in hell for killing 2pac, biggie, and whoever else.you have to be naive to think 2pac is still alive. Have you seen tupac:assassination or revenge, this mu'fukah is as guilty as o.j.. Marion knight, david kenner, and reggie wright jr. Should be shot to death on national t.v.
Posted by #1 Makaveli Fan
How tha F*ck do you go to jail 20-30 times and still walking the streets?suge is a rat, that's why he hasn't been arrested for 2pacs murder.the Bia'chn*gga owed 2pac 10million+ at the time of his death. Plus 2pac only had $98,000 in his bank account at the time of death. Yet he sold as much records as jordan sold shoes in the 90's. Suge wouldn't pay any artist on death row, 2pac stood up 4 himself and died in the process. How does a guy 6'4 320lbs not get hit by 10 bullets from a .40 cal handgun, but 2pac 5'10 200, gets riddled with bullets,remember they are sitting side by side.
Posted by #1 Makaveli Fan

POST A COMMENT :
Name:
Validation code:
Enter validation code:
[ pointless comments will be deleted ]

// RELATED NEWS





// LATEST NEWS

 
 
© 2008 NOBODYSMILING.COM | Advertising | Contact | Terms | Privacy Policy | Get the Alexa/NBS Toolbar |