Although terms of the deal weren’t disclosed, Hasbro toy company purchased MNRK Music Group in 2019 for $4 billion and inadvertently became the new owners of Death Row. In April 2021, Hasbro announced it’d had sold MNRK Music Group to Blackstone for $385 million in cash. Needless to say, the legendary Hip Hop entity likely wasn’t cheap.
“I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand, which has immense untapped future value,” Snoop Dogg said in a statement. “It feels good to have ownership of the label I was part of at the beginning of my career and as one of the founding members. This is an extremely meaningful moment for me.
“I would like to personally thank the teams at Blackstone, MNRK and especially David Kestnbaum, who worked collaboratively with me over several months to make this exciting homecoming a reality. I’m looking forward to building the next chapter of Death Row Records.
