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Global Music Group gets Death Row assets


June 26, 2008 Global Music Group, a Tennessee-based independent label, has acquired Death Row Records and could release a new Tupac Shakur album this year. Marion "Suge" Knight founded Death Row Records in 1991 and soon reached a blistering peak with releases by Dr. Dre, Snoop Dogg and Tupac Shakur. However, after years of financial mismanagement, Death Row was put into receivership when Knight filed bankruptcy in the wake of a $107 million judgment he was ordered to pay to label co-founder Lydia Harris.

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