The assets of Death Row Records, said to include master recordings of Tupac Shakur, Snoop Dogg and Dr. Dre, were auctioned off today (Jan. 15) for $18 million to WIDEawake Entertainment Group, a development company out of Canada. Because of the less-than-expected acquisition price, the only creditor likely to capture a return after lawyers and other Chapter 11 administrative fees are paid is the Internal Revenue Service.

That means other creditors, including unsecured ones like co-founder Lydia Harris, will be left out in the cold. Harris isn't content with the verdict.

"This was all a scam from the beginning," a disgruntled Harris tells Billboard. "Everyone wanted me to bring judgment down, and so I brought on the case. But now I'm not getting paid because I'm an unsecured creditor? Yet, administrators are getting paid and Suge [Knight]'s bills are still getting paid? If it wasn't for me no one would be getting money. They made sure it happened this way because I was the biggest creditor. There must be some internal thing going on and I'm obviously not in on it." [Billboard]

In related(???) news, the movie Notorious opens today ("The life and death story of Notorious B.I.G. (a.k.a. Christopher Wallace), who came straight out of Brooklyn to take the world of rap music by storm."). Trailer below...

Continue reading "Death Row Records sold for for $18 Million, Notorious opens"

Apr 19 - Record Store Day, Passover night 1, Tapes n Tapes @ Music Hall of Williamsburg, Mission of Burma @ Solar 1, Bicycle Day, Suge Knight's birthday

Apr 20 - Earth Day, Passover night 2, Tokyo Police Club @ Bowery Ballroom, They Might Be Giants @ Town Hall, smoke pot

Please list more Earth Day & Record Store Day events in the comments.

Craig Wedren & Nicole Atkins @ Bowery Ballroom, Jan 25, 2008 (music snob)

* Supergrass signs to Astralwerks
* U2's manager says take away your Internet
* Led Zeppelin may tour, but not yet
* Robert Plant talked/stuttered about MSG, at MSG
* Rap mogul "Suge" Knight named in gang crackdown
* Lil Wayne Addresses Drug Charges
* Arctic Monkeys get record seven NME nominations
* Imeem Buys Social Music Service Anywhere.FM
* Sony Ericsson cuts deals with 10 music labels
* Qtrax didn't make a deal with any

Super Furry Animals @ Music Hall, Jan 25, 2008 (Ryan Dombal)