Unlike a standard recording agreement, typically thick and laced with dozens of complicated terms and conditions, Shakur’s pact with Death Row is hand-written and just three pages long. Shakur’s mother has also cast doubt on the validity of the recording contract that Death Row struck with her son on Sept. Death Row never even came to the table to have a discussion.” “Nothing would have happened if it wasn’t for him. “It was Jimmy Iovine who took the lead in getting the ball rolling to straighten this mess out,” Fischbein said.
#Deathrow tupac upgrade
Death Row attorney David Kenner was also not present.ĭuring the meeting, Interscope’s attorneys also pledged an additional $2 million in advances to be paid before April and helped negotiate an upgrade in the royalty rate (from 12% to 18%) paid to her son for past releases.įischbein insists that Interscope attorneys forgave about 50% of the $4.9-million debt-a point with which Death Row adamantly disagrees. Death Row owner Marion “Suge” Knight was in jail at the time on a probation violation and could not attend the meeting. 1 meeting between Shakur’s mother, Fischbein, Interscope co-founder Jimmy Iovine and a group of attorneys. Nevertheless, when Shakur’s mother threatened in October to sue Death Row and bar the release of her son’s posthumous “Makaveli: The Don Killuminati” album, Death Row’s distributor Interscope Records worked out a deal to pay an immediate $3-million “nonrefundable” advance to Shakur’s estate, Fischbein said. In addition, Shakur ran up more than $2 million in advances for recording and video costs-which, according to standard industry practice, must be recouped by the record company before his account can turn a profit, Death Row sources said. Shakur also charged to the company lease-payments for three residences as well as a slew of lavish bills, including a $300,000 tab at the Peninsula Hotel and hundreds of thousands of dollars in invoices for jewelry, furniture, security and limo service, sources said. Unfortunately Pac didn’t get out in time….Suge Knight is to blame for the downfall of death row, and I for one am glad that dude is put away for life.In the year preceding his slaying, Death Row had advanced Shakur large sums of cash to buy several cars for himself and a house for his mother-funds that the rapper was required to pay back, Death Row sources said. 2pac was leaving death row for the same reason everyone else did, Suge Knight was a greedy violent dude and people knew they were being cheated out of their rightfully earned royalties.
It’s also known that he had recently fired David Kenner as his lawyer as he was hiring new representation.
Word was getting around that 2pac was leaving the label because he found out that he didn’t own anything, his house, his cars, all of it was in the name of death row records. There was this one guy at Interscope/Death Row, I believe his name was Jay Jensen, I remember having a conversation with him about how things were at death row since Dre had left the previous year, and he said that he believed 2pac was also getting ready to leave death row and create his own label similar to what Dre did and that Interscope would be the parent label for distribution. I’ve been in radio for 30 years now, and 20 of those years I was in hip hop radio.
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