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DEATH ROW UNDER NEW OWNERSHIP: Suge loses appeal; label auctioned to Global Music Group for $24 million.

*Global Music Group is the new owners of famed West coast-based rap label Death Row Records after former owner Marion "Suge" Knight lost his appeal Tuesday against a ruling that forced him to sell off the label's assets.

In May, a bankruptcy judge in California ordered the rap mogul to liquidate the label at an auction.



The sale was supposed to take place on Tuesday. Instead, Suge was in court trying to stop it from… Continue

Added by USDA2DAY Staff on June 26, 2008 at 8:18am — 8 Comments

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