Who Owns Death Row Records? (2022)

Death Row Records is an American record label founded in 1991 in Beverly Hills, California. The record label saw immense success initially by releasing several albums featuring west coast artists like Dr. DRE, Snoop Dogg, and 2Pac.

However, the label started facing various problems after the death of one of its most popular artists, 2Pac. In 2006, the company filed for bankruptcy.

But, who owns Death Row Records?

Who owns Death Row Records?

Death Row Records is currently owned by Snoop Dogg. Snoop Dogg acquired the company in February 2022 in a bid to revive the once popular label.

After filing for bankruptcy in 2006, the company was acquired by WIDEawake Entertainment. Then, in 2012, WIDEawake itself filed for bankruptcy & was sold to Entertainment One. For a long time, the label remained as a division of Hasbro.

Snoop Dogg aquured the label in 2022 from MNRK Music Group.

Death Row Records Ownership History

Lara Lavi founded WIDEawake Entertainment Group in 2006. Death Row Records was successfully auctioned off to entertainment venture WIDEawake for US$18 million on January 15, 2009. Leveraged acquisition of Death Row Records by WIDEawake Entertainment was made possible in part by funding from New Solutions Financial Corporation. After Death Row filed for bankruptcy, everything found in the office was put up for auction on January 25, 2009.

Toronto, Ontario, Canada served as the headquarters for both WIDEawake and New Solutions Financial. By preventing Lara Lavi from accessing the money they had provided her for Deathrow, New Solutions started to force Lara Lavi out of WIDEawake Entertainment by the end of 2009. By November 2009, Robert Thomson of New Solution Financial had taken over management of WIDEawake entertainment, replacing Lara Lavi.

On November 19, 2009, Lavi filed a lawsuit in New York County Court against her previous business, the Ontario-based WIDEawake Entertainment Group, New Solutions Financial Corporation, and Robert Thompson, the managing director of New Solutions. The Ponzi fraud that was New Solutions Financial Corporation was eventually revealed.

The Canadian company that owns WIDEawake Death Row, New Solutions Financial Corp., declared bankruptcy on December 10, 2012, and sold the label and catalogue to a publicly traded business. The Death Row catalog’s rights were purchased by Entertainment One in 2013. In comparison to 2012, the Group invested £175 million in content rights and television programmes, as well as £4.2 million ($6 million) to buy Death Row’s music catalogue holdings.

Hasbro, an American toy corporation, bought eOne for $4 billion on August 23, 2019, and as a result, they now own Death Row Records. Hasbro and Entertainment One announced in April 2021 that they will sell eOne Music to The Blackstone Group. June 2021 saw the completion of the transaction.

Prior to the release of his subsequent album and his participation in the Super Bowl LVI halftime show, Snoop Dogg declared on February 9, 2022, that he would purchase the Death Row Records trademarks from MNRK Music Group (the renamed eOne Music).

Although the label’s catalogue was not immediately included in the transaction, it was claimed that he was close to an agreement to buy his and other Death Row artists’ catalogues from MNRK. Snoop Dogg’s third studio album was released on Death Row Records on February 11, 2022, after a 26-year absence from the label.

Who founded Death Row Records?

Death Row Records was founded by The D.O.C., Dr. Dre, Suge Knight, and Dick Griffey in 1991 in Beverly Hills, California.

After 2Pac’s passing, Suge Knight’s arrest, and the exits of Dr. Dre and Snoop Dogg in the late 1990s, the label started to deteriorate.

Death Row was involved in conflicts, lawsuits, and acts of violence by its artists and collaborators despite its financial success.