After years of turbulence, Death Row Records is again being put on the auction block due to a Chapter 11 proceeding.
Founded by Suge Knight and Dr. Dre in 1991, Death Row Records filed for Chapter 11 protection in 2006, and only months later a bankruptcy trustee was ordered to take over the label. After being taken over by the bankruptcy trustee, Death Row Records received several bids but all of them fell through [click to read].
With the upcoming auction set for January 15 [click to read], co-founder of Death Row Records, Lydia Harris spoke with Billboard regarding the label’s recent misfortunes and why bidders have shied away from purchasing the label.
“Everybody wants to hide behind the fear of Suge Knight–the fear is something they are latching on to–but all them still do business with him,” Harris told Billboard. “At the end of the day, he’s still living, he made people a lot of money and opened doors for a lot of them. It isn’t about them being scared. That’s what people need to realize. These people still deal with Suge everyday. It’s the money. It’s the greed.”