Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Music

New York State Buys Dame Dash’s Roc-A-Fella Records Stake

rmtsa by rmtsa
November 16, 2024
in Music
0
New York State Buys Dame Dash’s Roc-A-Fella Records Stake
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Ex-Lostprophets Singer Ian Watkins Killed in Prison

Oscar-Winning ‘Annie Hall’ Actress Dies at 79

spill tab’s letting go of perfection

Dame Dash’s stake in Roc-A-Fella Records has reportedly been bought at auction by the state of New York in order to recoup the music mogul’s tax debt.

Dash Dash’s Roc-A-Fella Share Sold at Auction

On Thursday (Nov. 14), the oft-delayed auction to purchase Dame Dash’s one-third share in Roc-a-Fella Records finally took place with the state of New York coming out as the highest bidder, according to the New York Post. NYP reports an “anonymous Albany rep” placed the winning bid of $1 million. The State did what’s called a creditor’s bid, which means they didn’t have to pay the $1 million upfront and can now make a no-risk sale of the asset. Two other anonymous people also had bids in the running of $250,000 and $223,000.

The move was reportedly done on the state’s part in order to recoup Dame’s nearly $2 million tax debt.

The auction of the stake was ordered back in February after movie producer Josh Webber won a court judgment for $823,000 against Dame in September of 2022. It was initially set to take place on Aug. 29, but was postponed after taxes and child support became an issue. The state stepped in to claim Dame owed $1.7 million in back taxes and said they wanted their cut. The New York Department of Social Services has also intervened and said Dame owed $223,000 in child support.

Dame was hoping the auction would bring in way more money than it did. Back in August, he promised to gift a Roc-A-Fella chain to the person who bid over $10 million for his share in the storied hip-hop label.

XXL has reached out to reps for the state of New York and Dame Dash’s attorney for comment.

WATCH THE XXL CYPHER FEATURING AB-SOUL, FERG AND SAUCE WALKA

See Rappers’ Other Streams of Income



Source link

Tags: BuysDameDashsRecordsRocAFellaStakeStateYork
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Ex-Lostprophets Singer Ian Watkins Killed in Prison

by rmtsa
October 12, 2025
0
Ex-Lostprophets Singer Ian Watkins Killed in Prison

Ex-Lostprophets singer and convicted sex offender Ian Watkins died on Saturday (Oct. 11) after being attacked in prison, the BBC reports. He was 48.The disgraced musician was serving a...

Read more

Oscar-Winning ‘Annie Hall’ Actress Dies at 79

by rmtsa
October 12, 2025
0
Oscar-Winning ‘Annie Hall’ Actress Dies at 79

Diane Keaton, the Oscar-winning star of Annie Hall, The Godfather films and Father of the Bride, whose quirky, vibrant manner and depth made her one of the most...

Read more

spill tab’s letting go of perfection

by rmtsa
October 12, 2025
0
spill tab’s letting go of perfection

A chapter is closing for spill tab following the release of her debut album, ANGIE. The record has been a long time coming for her after releasing three...

Read more

David Byrne Welcomes Hayley Williams In New York

by rmtsa
October 11, 2025
0
David Byrne Welcomes Hayley Williams In New York

David Byrne and Hayley Williams have enjoyed a close personal and working relationship for the past several years, and their chemistry was evident last night (Oct. 11) at...

Read more

Pooh Shiesty Didn’t Snitch in His Gun Case

by rmtsa
October 11, 2025
0
Pooh Shiesty Didn’t Snitch in His Gun Case

Pooh Shiesty's attorney is clearing the air after Wack 100 claimed the Memphis, Tenn. rapper snitched in his gun case.On Friday (Oct. 10), Pooh's attorney, Bradford Cohen, shared...

Read more
Next Post
‘Lanterns’ Casts Poorna Jagannathan — HBO Green Lantern Series

'Lanterns' Casts Poorna Jagannathan -- HBO Green Lantern Series

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Jared Leto’s ‘Tron’ Hits the Skids With $33.5M Opening
  • ‘SNL’ Amy Poehler Tina Fey Seth Meyers Weekend Update Joke Off Video
  • DDG Asks Halle Bailey To ‘Drop The Case’ On New Album

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In