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Death Row Records Was Purchased And Is Now Owned By Hasbro Toy Company
Death Row Records has changed ownership once again. Now, the infamous record label's catalog has been purchased by popular toy company Hasbro.
The acquisition was announced on Thursday (Aug. 22), reveals a Rolling Stone report published on Friday (Aug. 23). Hasbro, home to famous kids toys like Mr. Potato Head, Power Rangers, My Little Pony, G.I. Joe, Transformers, the board game Monopoly and many more, purchased Entertainment One, a multimedia company which previously owned the rights to the label that Suge Knight built that helped push the careers of world famous artists like 2Pac, Snoop Dogg and Dr. Dre.
After falling from grace after years of dominance, Death Row was taken over by a judge after being declared bankrupt in 2006. In 2009, it was auctioned off for $18 million to Canadian company WIDEawake Entertainment Group. eOne bought the label's catalog in 2013 for $280 million.
Hasbro CEO Brian Goldner commented on the purchase of eOne stating, “The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro’s portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling.”
Though Death Row hasn't operated in years, Suge's son is trying to carry on the legacy while his father sits in prison with the New Death Row. Suge Jr. has even made claims that new Tupac music will be released under the outfit.
(Story Via XXL)
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Kodak Black Pleads Guilty To Felony Weapons Charges
-- According to the plea agreement -- obtained by TMZ -- prosecutors say they'll push for a lighter sentence than the maximum because Kodak has been cooperative.
Kodak pled guilty to 2 counts of knowingly making a false and fictitious written statement in connection with the acquisition of a firearm. He faces a maximum of 10 years in prison followed by 3 years of supervised release.
Kodak Black just did an about-face and cut a deal in his federal firearms case.
The rapper was in court Thursday for a change of plea hearing where he told the judge he was now pleading guilty ... after initially pleading not guilty to lying on federal gun applications.
Kodak has been in federal detention since his arrest in May -- the judge denied his request to be released on bond, calling him a danger to the community. His sentencing is now set for November 13, and he could get several years in prison.
Story Via TMZ
Jermaine Dupri Says Jay-Z Never Actually Told Him To Turn Down NFL Deal
There has been rumors all over social media that Jay-Z accepted a contract with the NFL that he told Jermaine Dupri to turn down just a yr ago.
Well Jermaine Dupri went on Atlanta’s V103 to set the record straight. His story ended up being completely different from what Bryan Michael Cox & Funkmaster Flex has claimed.
“He and I never had a conversation where he told me, ‘don’t do what you’re doing.’ What our conversation was...‘you know what side I’m on, I understand what you’re doing.’ That’s what the conversation was,” Jermaine Dupri says in his interview.
Watch the full interview below
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