

This is an extremely meaningful moment for me." "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. "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. Snoop Dogg said he's excited about acquiring the label's brand. The terms of the deal were not disclosed.

The rapper-mogul acquired Death Row Records' brand from MNRK Music Group, which is controlled by a private equity fund managed by Blackstone, the investment firm announced Wednesday. LOS ANGELES - Snoop Dogg has taken over a popular record label that launched his stellar career.
