New Deal Could Result In Death Row Sale

Death Row Records could be under new ownership, thanks to a newly signed deal with -MediaTechnics Corporation.

AllHipHop.com has learned that MediaTechnics has signed a letter of intent to purchase the Global Music Group today (August 26) to provide funds to purchase the assets of the legendary label.

GMG originally won the rights to the Death Row catalog, but failed to pay the $24 million need to consummate the deal by the deadline of July 29.

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