WIDEawake Death Row Records Reportedly Being Sold In Wake Of Parent Company's Bankruptcy

posted Wednesday December 05 ,2012 at 01:12PM CST | 26 comments

WIDEawake Death Row Records Reportedly Being Sold In Wake Of Parent Company's Bankruptcy

Exclusive: A new company is slated to take over WIDEawake Death Row.

WIDEawake Death Row and its catalog is reportedly being sold to a publicly held company, HipHopDX has exclusively learned.

According to former Hoopla president and former Death Row publicist Jonathan Hay, New Solutions Financial Corp., a Canadian company that owns WIDEawake Death Row, has gone bankrupt and is selling both the label and catalog to a publicly held company. The deal is set to be closed on December 10th.

Hay explains that the label tried to release remastered and remixed versions of albums from the catalog over the pst four years but were not satisfied with the end results. He said that many of their ideas were shot down and was unhappy with the decisions of the staff at WIDEawake Death Row "across the board," blaming it on "inexperience."

The future of the label's distribution deal with eOne will be addressed in the forthcoming weeks. Read the full statement below.

New Solutions Financial Corp., the Canadian umbrella company that currently owns WIDEawake Death Row, is bankrupt. The historical record label and catalog is being sold to a publicly held company. Being on the inside, we are hearing that the deal will be closed on December 10th.  Honestly, we are not surprised by the bankruptcy as we have been actively involved with eight of the Death Row Records' releases over the last four years and have seen the problems firsthand.  Time and time again we tried to use our influence to get new mixing and mastering for these re-releases because we knew the albums sounded piss-poor from a sonic standpoint. Even though we helped put together a lot of the artwork over the years, we were never happy with the end result and how it looked, as most of our visual ideas weren't executed as we requested.  We wanted every Death Row release to look and feel like a box set with the highest quality of work because we felt that every project deserved that kind of treatment. Most of our ideas for publicity and marketing were shot down, even though we were paid to do the job.  Over the years, we have argued, fussed, kicked and screamed with the staff of WIDEawake Death Row over the decisions being made, all across the board. In my opinion, the fatal problem of the company was the inexperience of the people involved, who at times seemed to prideful to accept direction. It was around this time last year that we had Snoop Dogg, with the help of Big Holis, willing to sit down with WIDEawake to discuss the possibility of becoming the face of Death Row Records again. As exciting as this could have been, WIDEawake rejected the idea. With this new company taking over Death Row, hopefully some of our ideas will finally be implemented to help preserve the Death Row Records catalog and legacy.  As far as our own distribution deal through WIDEawake Death Row and eOne, we will speaking with everyone about this transition after the holidays.

RELATED: Daz Dillinger Talks Jay-Z's Bond With Tha Dogg Pound, Claims New Death Row "Doesn't Know What The Fuck They're Doing"

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Comments 26 Posts

  • thugchrist
    stupid az fucc. i did some shit for deathrow a hole album, then find out that itz a different deathrow!! called deathrow muzik!! all bad i then call some people for tha lable asking what was going on and it was fuccen insain. I GOT OUT THA CONTRACT and now ima free agent but i tryed to let Jonathan Hay hear tha album and they acted like bitchez.. thatz what tha fucc they get!!! a legendary lable as deathrow can blow back up but not with tha old shit!!! ANY ONE THAT IZ INTERESTED IN DOING BUSINESS WITH A HOT ARTIST THAT KEEPS IT 100 HIT ME. AT 323-617-7507 THUG CHRIST!!! GOOGLE ME!!! IM IN THA SOIL LOS ANGELES!!
  • brad
    Why would anyone want Dre to buy it back? You know if that happens, nothing is going to be released at all. Dude procrastinates and also certainly doesn't want that old material out there. We want someone with a financial motive to release everything in the vault, not Dre.
  • theghostoflavi
    I'm sure Hay can see all his haterz and like a real g he just brought them all out. He looking at you.
  • 2Pacalypse Now
    So Jonathon Hay was paid to do the job of publicity for Death Row and now he releases this statement about his former employer? Wow thats really unprofessional. Who would want to hire someone like that?? I dont think the lucky company that buys WIDEawake will want ideas from this guy...Who knows what he might say or do after his cheque clears. Good luck to the highest bidder! And new owners steer clear of Hoopla!
  • Anonymous
    only dr dre could save the brand DEATH ROW......
  • pay attention
    how can jonathon helps someone run a company. when he cant even sell records with hoopla. what happened to his lil easy annoucement his sabrina release and others. maybe he should attempt to tell the truth for a change. a white boy in kentucky knows whats best for death row. thats funny ! he needs to find a man and be happy
  • K-Nibbz
    give it up...death row needs to be put on death row...pac is rolling in his grave
    • I'm At Work And Bored
    • Anonymous
      probably not lol..pacs legacy stands on its own, not because of a label..interscope was the machine behind them, not suge knight.
  • Mortis
    vince mcmahon bought it
  • Anonymous
    Give the label to Tupac's mom; Afeni Shakur!
    • Anonymous
      lol, she has as much right as snoop's mom
  • hypestyle
    Sony, Universal, Interscope, Def Jam, Warner, EMI, E1, etc.
  • Mo
    Why would Dre buy the label? He already owns all of his own publishing
    • Industry Advocate
      He doesn't own The Chronic! He wanted it, and got outbid.
    • Brik
      Good point, and as the story indicates, if selling the re-issues of the old Death Row Records catalog isn't exactly working, then what would be the incentive for Dre to buy them
  • jester
  • wu wear
    DJ Quik and Daz should buy it and release the original versions of everything 2pac recorded. Those songs in their original form are among the best of his career and would cement his legacy as one of the greatest.
  • Anonymous
    I remember Damon Dash said in a interview that E1 wanted him to run Deathrow Records.
  • SS
    i hope dre buys it back
  • Anonymous
    Daz was right they dont know what they are doing. Dre Dre Snoop...fuck it Jay z buy deathrow back
  • Anonymous
    • Anonymous
      So he buys it. Then what? Chances are he'd either go bankrupt, or end up selling it to someone else a year later. Not worth the headache.
    • Anonymous
      yeah plus detox. its not like this would take any faster
  • OUCH!
    Dr. Dre buy your shit back.
    • Henry
      you know