Snoop Dogg purchased Death Row Records from recording and music publishing company MNRK Music Group, which is funded by global investment firm Blackstone, the companies announced in a release.
The details of the deal were not disclosed.
“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,” Dogg said in the release. “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.”
Dogg’s acquisition comes a little less than 30 years after he released his debut album Doggystyle on Death Row in 1993. Dr. Dre, Suge Knight, record executive Dick Griffey and rapper the D.O.C. launched the label in 1992, according to The Los Angeles Times.