Hip-Hop Label Auctioned for $24M

NEW YORK) — Death Row Records, the hip-hop label that released seminal gangster rap albums by Tupac Shakur, Dr. Dre and Snoop Dogg, has been auctioned for $24 million.

The New York-based Global Music Group Inc. said in a statement to The Associated Press on Monday that on June 24 it purchased Death Row, including its enviable back catalog and current artist contracts.

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