Snoop Dogg is the official owner of the iconic label that started his career Death Row Records. The rap icon turned media mogul purchased the label from MNRK Music Group which is controlled by a private equity fund. No terms of the deal have been disclosed.
“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,” the 50-year-old 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.”