You just never know what companies are going to consolidate/merge/buy each other out, etc. Which can lead to business, usually pretty dry, sometimes making big headlines for weird, weird stuff.
Like this!
Snoop Dogg, Dr. Dre, Tupac…Mr. Potato Head?
Hasbro, the toy and game company behind such favorites as Monopoly, Transformers, G.I. Joe, and My Little Pony, now owns Death Row Records, the notorious gangsta rap record label that was founded in 1991 by Dr. Dre, Suge Knight and The D.O.C.
How’s that for a mashup?
Death Row was absolutely HUGE in the 1990s – at its peak, it was raking in $150 million a year. Eventually, Death Row had a very public fall from grace, and Suge Knight is now serving a 28-year prison sentence.
Death Row Records is now owned by the Hasbro toy company: https://t.co/U3MxwEtjvx pic.twitter.com/hPyuMJI5ku
— Complex (@Complex) August 24, 2019
So how exactly did this transaction come to be?
Here’s the deal: Hasbro purchased Entertainment One, which owned the Peppa Pig franchise, but it also had an enormous music division. Part of their music empire included the back catalog of Death Row Records, which declared bankruptcy back in 2006. Entertainment One acquired the back catalog in 2013.
But now it’s in Hasbro’s hands!
Hasbro CEO Brian Goldner said of the deal, “The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro’s portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling.” That’s one way of looking at it.
People on Twitter couldn’t help themselves and just had to weigh in on the purchase. I mean, the possibilities are endless, don’t you think?
Hasbro owns death row records now.. Their next move: pic.twitter.com/Om5BM9RcVg
— ?????????
(@iLadySwoop) August 25, 2019
Hasbro can legally play Snoop Dog and Tupac in the background of Power Rangers.
Think about that for a minute.
— TokuChris (@TokuChris) August 24, 2019
I can’t wait to buy this new Hasbro Deathrow Monopoly board game. #BestMergerYet #deathrow #hasbro #Monopoly pic.twitter.com/TybdMbGKLc
— Joe Orth (@slickswiftum) August 24, 2019
Hasbro just bought Death Row Records and I swear if I don’t hear Woody and Buzz cover Nuthin But a G Thang I’ll lose it
— Chace (@chacepresser) August 25, 2019
This story and the tweets that emanated from it bring me much happiness…
The post Toy and Game Company Hasbro Now Owns Death Row Records — Snoop Dogg, Dr. Dre, Tupac and MR. Potato Head? appeared first on UberFacts.