On Monday (Dec. 30), Brian Goldner, Hasbro chairman and chief executive officer, announced the acquisition of Entertainment One, which owns Death Row Records, in an all-cash transaction valued at approximately $3.8 billion. The deal was made last summer, but now it's officially been closed.
With the acquisition, Hasbro now owns eOne music subsidiary Dualtone as well as the catalog of Death Row Records, which it purchased in 2013. In the 1990s, Death Row Records, founded by Suge Knight and Dr. Dre, was a powerful West Coast music imprint that helped launch the careers of rap superstars like Snoop Dogg, Nate Dogg and the Dogg Pound. For the last year of his life, Tupac Shakur was also on the label.
read more (xximag)
With the acquisition, Hasbro now owns eOne music subsidiary Dualtone as well as the catalog of Death Row Records, which it purchased in 2013. In the 1990s, Death Row Records, founded by Suge Knight and Dr. Dre, was a powerful West Coast music imprint that helped launch the careers of rap superstars like Snoop Dogg, Nate Dogg and the Dogg Pound. For the last year of his life, Tupac Shakur was also on the label.
read more (xximag)