Syndicate this site using RSS
HOME PAGE-2 FEATURES PHOTOS CONTACT
  • DrewReports Ads

  • DR Photo Section

    Go to our recently updated Photo Section by clicking here!
  • MOG Music Network

  • Latest Posts

    • B.G. ARRESTED ON GUN FELONY CHARGES!!!
    • EMINEM TO STAR IN A HIP HOP HORROR MOVIE!
    • JAY-Z JOINS THE YANKEES IN CHAMPIONSHIP PARADE!
    • RICK ROSS THANKS 50 CENT IN ALBUM NOTES?!
    • 50 DEBUTS NEW FILM; DROPS MINI MOVIE
    • DMX COMES TO HIS SENSES BY BACKING OUT FIGHT!
    • VIDEO: RIHANNA ON GMA PART 2! NEW FOOTAGE!
    • 50 CENT COLONGE TOUR; CALLS KANYE NAMES AGAIN!
    • CONFIRMED:THE GAME ALBUM PUSHED BACK TO 2010!
    • JAY-Z TALKS ABOUT MAINTAINING BALANCE IN HIS LIFE!
  • Archives

    • November 2009
    • October 2009
    • September 2009
    • August 2009
    • July 2009
    • June 2009
    • May 2009
    • April 2009
    • March 2009
    • February 2009
    • January 2009
    • December 2008
    • November 2008
    • October 2008
    • September 2008
    • August 2008
    • July 2008
    • June 2008
    • May 2008
    • April 2008
    • March 2008
    • February 2008
    • January 2008
    • December 2007
    • November 2007
    • October 2007
    • September 2007
    • August 2007
    • July 2007
    • June 2007
    • May 2007
    • April 2007
    • March 2007
    • February 2007
    • January 2007
    • December 2006
    • November 2006
    • October 2006
    • September 2006
  • Blogroll

    • ACESHOWBIZ
    • AIR FORCE ONES
    • ALLTHATSFAB
    • AOL BLACK VOICES
    • BALLER STATUS
    • BEST RAP SONGS
    • BET MUSIC
    • BHAM MUSIC BLOG
    • BLACK CELEB KIDS
    • BLACK PEOPLE MEET
    • BLACKPOWER
    • BLOG XILLA
    • BOSSIP
    • BREAKDANCE
    • BROWN SISTA
    • CAKE AND ICE CREAM
    • CELEB BLITZ
    • CELEB9
    • CELEBRITY GOSSIP
    • CELEBRITY MANIA
    • CELEBRITY NEWS
    • CELEBRITY PWN
    • CLAY CANE
    • CLUTCH MAGAZINE ONLINE
    • COMPLETE ALBUM LYRICS
    • COOL CRUEL WORLD
    • CRATE KINGS
    • CRUNK & DISORDERLY
    • DATZHOTT
    • DIMEWARS
    • DIRT 123
    • DJ DOO DIRTY SHOW
    • DLISTED
    • E 3 GOSSIP
    • FAMOUS WHY
    • FATBACK AND COLLARDS
    • FREDDY O
    • GGURLS.COM
    • GOSSIP GIRLS
    • GOSSIPONTHIS
    • GYANT UNPLUGGED
    • HHNLIVE
    • HIP HOLLYWOOD
    • HIP HOP HONEY
    • HIP HOP MAJOR
    • HIP HOP MUSIC
    • HIP HOP RUCKUS
    • HQ CELEBRITY
    • ICEDOTCOM
    • ILLEST LYRICS
    • JAWN MURRAY BV BUZZ
    • JEN THE PEN
    • JORDAN SHOES
    • JUICY NEWS
    • JUIICY SCOOP
    • JUMPOFF TV
    • KAREEM KICKS
    • KICKS ON FIRE
    • KIM OSORIO’S BLOG
    • LOVE B SCOTT
    • MARCUS TROY
    • MISS JIA
    • MYRA PANACHE
    • NAH RIGHT
    • NE-YO’S BLOG
    • NECOLE BITCHIE
    • NICE KICKS
    • NY DAILY NEWS
    • OH WORD
    • ONSMASH VIDEOS
    • PAGE SIX
    • PRINCE OF ALL MEDIA
    • PROHIPHOP
    • PROJECT SCOOP
    • RAPAVELI’S BLOG
    • REPPING BEANTOWN
    • RHYMES WITH SNITCH
    • RHYTHMIC WORDS
    • SANDRA ROSE
    • SHAMELESS HYPE
    • SOHH BLOGS
    • STARPULSE
    • STRAIGHT OUTTA NYC
    • STRICTLY FAB
    • STYLE RAZZI
    • TAKEAFLICK.COM
    • THAT GRAPE JUICE
    • THAT KUSH
    • THE E-BIZ
    • THE FASHIONISTE
    • THE FIND BUZZ
    • THE HIP HOP PUBLICIST
    • THE HOLLYWOOD GOSSIP
    • THE RAP UP
    • TMZ
    • URBAN CURLZ
    • USHER NOW
    • VH1 BLOG
    • WE SMIRCH
    • WORLD STAR HIP HOP
    • WRITER’S BLOCK MEDIA
    • YOUNG, BLACK AND FABOLOUS

Friday, July 18, 2008

NEW OWNERS OF DEATH ROW SLAMS LAWSUIT!



After completing a $24 million dollar acquisition of Death Row Records, Global Music Group was hit with a $25 million dollar lawsuit from venture
capitalist Ron Goldberg, who claimed to have been illegally cut out of the deal by his partners.

In an recent statement, the Global Music group disclosed their stance on the lawsuit and the details of the acquisition.

“We represent Global Music Group, Inc, a New York Corporation which was the successful bidder at the auction of the assets of the bankruptcy estates of Death Row Records, Inc., and Marion Knight, Jr,” explained Roger Muse, a partner at the Beverly Hills business and entertainment law firm of Muse Methany. “My client and its principals put up all the money necessary to make the bid and were successfully present at the Bankruptcy auction to make that successful bid.”

Muse also states that Ron Goldberg was never a member of Global Music Group, or recruited investors for the company as he alleges in his lawsuit.

“Mr. Goldberg is not a principal of Global Music Group Inc., a New York corporation, nor does he have any ownership in that company or in its assets, including the Death Row assets subject to the company’s court-approved bid,” Muse explicates. “Mr. Goldberg has apparently filed a Delaware corporation under the same name of my client; but of course anyone can file a corporation in any state under any name as long as the name is not then in use in that state by another corporation. Mr. Goldberg’s claim that it is his Delaware Global Music Group was the ‘true’ bidder of the bankruptcy assets simply has no merit.”

COMMON GEARING UP FOR HIS NINTH STUDIO ALBUM

Already staring in American Gangster, Wanted and Smokin Aces, Common is continuing his acting career with a role in the new installment in the Terminator series called Salvation. Although the film isn’t hitting the world till May 22nd, 2009, buzz is already started when a teaser trailer hit the internet yesterday. Currently in New Mexico filming for the movie, Common is also finishing up his ninth album called Invincible Summer. “I feel more free now that I’m doing more movies and stuff, to just put out music that I love and I believe in and get it out there,” stated Common about his music.

The new album, due out in September, will be produced by Mr. DJ and hit making duo, The Neptunes. In related news, Common recently performed “Gladiator” live.

Email Dr. Drew your News, Tips, Rumours, Comments, or Business Inquiries at
Info@DrewReports.com
Posted by DrewReports.com Staff at Friday, July 18, 2008
Permalink | | TrackBack URL « I GUESS T.I. IS JUST TAKING HIS TIME TO MAKE SURE IT IS RIGHT?! KERRY RHODES CHARITY EVENT »

One Response to “NEW OWNERS OF DEATH ROW SLAMS LAWSUIT!”

  1. lawred, on July 20th, 2008 at 9:51 am Said:

    He is cool rock guy~~I enjoy his music~~~you guys can check my coments uner his blog at Richromances.com which a site for celebbrities and beautiful people

Leave a Reply

DR
footer
Copyright 2009 - DrewReports.com . All Rights Reserved
DR