Producer Teddy Riley In Financial Trouble, Puts Studio On The Market
In light of recent troubles with several creditors, legendary hit maker Teddy Riley -the "King of New Jack Swing" - is putting his Virginia Beach recording studio up for sale.
According to the Virginian-Pilot, the producer who has crafted hits for such stars as like Michael and Janet Jackson, Mary J. Blige and Keith Sweat as well as his own group, BLACKstreet, has amassed a $1 million tab to several creditors and is selling the studio to pay for the large debt.
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Labels: Business
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