Drama Continues for Death Row

[Quadruple OG]

Suge isn't doing anything right now, should just give Death Row back to him

[rollindown101]

I'll support a Group Buy.

25,000 shares priced at $1,000 each

Everyone who buys a share will receive 320K Mp3s and WAVs of everything in the vault and the 2Pac Option Album tracks. Then we work out a deal with Afeni for the Pac Option Album to recoup part of our $1,000 a share..

Make a little cash selling back the masters to all the original artists and Suge Publishing revenues..

[StevenQBosell]

.... I don't even know who I should root for. It seems like the choices are incompetent or ego-maniacal....

I think that sums up this WA/Deathrow situation at this point.

[The "Untouchable" DJR]

Suge isn't doing anything right now, should just give Death Row back to him

 

[love33]

Here's what they said in a short summary:

1) The Canadian courts acknowledged the company is 66% Thompson-So's Investment Group (New Solutions Ovenden), Lara Lavi (Very Juicy Entertainment) owns 34%

2) Although Lavi lost majority ownership in Canadian courts, she is taking New Solutions Ovenden to court in New York claiming that:

a) The corporate documents were never finalized (i.e. the distribution of ownership, which was upheld in Canadian court)
b) New Solutions added toxic debts from their other bad investments onto Death Row lumping into one big debt
c) She is the majority owner in Death Row Records

3) New Solutions Ovenden states the company is in bankruptcy approximately $23 - $25 million and want to sell the company and all the masters/material to whoever wants to "step up to the table"

4) There are missing masters and recordings which were lost, destroyed, or stolen by former artists

5) There are legal complications hanging over the company such as a lawsuit pending with Dr. Dre, legal questions as to whether Death Row is binded to abide by an old agreement to release Dre's material (both production & vocals) or if that agreement was voided.  There are questions with the Tupac material as to whether the material has to be signed off or co-released with the Afeni Shakur estate or if it was voided upon the original bankruptcy

What this means:

If the U.S. courts in Delaware and New York do not agree on the ruling in Canada, this could mean a long holdup in the court system.

New Solutions plans on selling the label so there will ultimately be a new owner of Death Row unless Lavi wins a difficult series of court battles

The courts will have to give a clear ruling on the rights of the company to release material by Dre, Tupac, and other former artists and whether or not they have to pay them and if the old agreements are valid  (Suge Publishing was not required to pay the artists he owned publishing on who were no longer with the label)  -- Until there is a clear ruling on this situation, this is a toxic investment

It's already a proven bad investment as the company was purchased for $18 million and lost $5-$7 million currently

[kuruptDPG]

Suge isn't doing anything right now, should just give Death Row back to him

and then he'll do nothing with it lol

[2dog]

The label was better with lara lavi. Id force my cock into her ass too. Shes a milf. John payne sucks elephant balls.

[Zeus]

Danny Boy is dropping next month so they can still put out the music, just gimme Untouchable and that Pac album and im good.

[mikeOG]

bah who cares, they dont have anything left that we havent heard anyways. thanks for those 2-3 albums. well worth it 

[Dre-Day]

the sales were higher than i expected

[you gon always be my latin queen bitch]

how much?

the sales were higher than i expected

[woof]

how much?

the sales were higher than i expected

Amid the infighting, Death Row managed to get only two albums and a box-set collection of songs to the market. The first was a remastered version of Dre's The Chronic, while the second was a rarities collection from Snoop Dogg. Neither was a huge commercial success — Thompson-So says The Chronic sold 50,000 copies in 2009, while Snoop Dogg's album sold only 30,000.

[KURUPTION-81]

Here's what they said in a short summary:

1) The Canadian courts acknowledged the company is 66% Thompson-So's Investment Group (New Solutions Ovenden), Lara Lavi (Very Juicy Entertainment) owns 34%

2) Although Lavi lost majority ownership in Canadian courts, she is taking New Solutions Ovenden to court in New York claiming that:

a) The corporate documents were never finalized (i.e. the distribution of ownership, which was upheld in Canadian court)
b) New Solutions added toxic debts from their other bad investments onto Death Row lumping into one big debt
c) She is the majority owner in Death Row Records

3) New Solutions Ovenden states the company is in bankruptcy approximately $23 - $25 million and want to sell the company and all the masters/material to whoever wants to "step up to the table"

4) There are missing masters and recordings which were lost, destroyed, or stolen by former artists

5) There are legal complications hanging over the company such as a lawsuit pending with Dr. Dre, legal questions as to whether Death Row is binded to abide by an old agreement to release Dre's material (both production & vocals) or if that agreement was voided.  There are questions with the Tupac material as to whether the material has to be signed off or co-released with the Afeni Shakur estate or if it was voided upon the original bankruptcy

What this means:

If the U.S. courts in Delaware and New York do not agree on the ruling in Canada, this could mean a long holdup in the court system.

New Solutions plans on selling the label so there will ultimately be a new owner of Death Row unless Lavi wins a difficult series of court battles

The courts will have to give a clear ruling on the rights of the company to release material by Dre, Tupac, and other former artists and whether or not they have to pay them and if the old agreements are valid  (Suge Publishing was not required to pay the artists he owned publishing on who were no longer with the label)  -- Until there is a clear ruling on this situation, this is a toxic investment

It's already a proven bad investment as the company was purchased for $18 million and lost $5-$7 million currently

great post, depressing read though.

[2euce 7even]

Thats just too damn long....so fuckit

damn

[Dre-Day]

how much?

the sales were higher than i expected

Amid the infighting, Death Row managed to get only two albums and a box-set collection of songs to the market. The first was a remastered version of Dre's The Chronic, while the second was a rarities collection from Snoop Dogg. Neither was a huge commercial success — Thompson-So says The Chronic sold 50,000 copies in 2009, while Snoop Dogg's album sold only 30,000.

remember when people said that re-releasing the Chronic was a bad idea?