Reader Ad Slot
Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Tupac Shakur — Part 1
Page 60
60 / 102
. Continued from D1.
A representative for Death Row
denied that ‘the company has’ mis-
handled Shakur’s account, blaming
the ‘rapper's ‘debts on his own :
extravagant spending habits,
In the year preceding his slay-
ing, 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.
Shakur also charged to the com-
pany 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, se-
curity and ‘limo service, sources
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.
“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 “nonre-
fundable’? advance to Shakur’s es-
BIZ: Rapper: Shakur’ ‘s Fan
4
“Tupac was one of the most successful, artistsiin. the
Ping me + pba
on seam merareneametnny
— a) co
‘music business—and yet somehow, on the, day he:
died, he had absolutely nothing to show forit, °F!
: promised under his contract. ’
RICHARD FISCHBEIN cee
Attorney and co-administrator of the rap star’ $ estate |
a7
. . on 5 tes a
wae
"
tate, Fischbein said: . ;
’ The papers were drawn up at a
Nov. 1 ‘meeting between Shakur’s
mother, Fischbein, Interscope co-
founder Jimmy Tovine anda group
of attorneys, Death ‘Row owner
Marion “Suge” Knight was in jail at
the time on a probation violation
and could not attend the meeting.
Death Row attorney | David Kenner
wasalsonot present. - {
During the meeting, Interscope’ 8
attorneys also pledged an addi-.
illjoh in advances to be -
paid before April and helped nego- .
tional $2 m
tiate an:upgrade in the royalty rate
(from 12% to 18%} paid to her son
for past releases. ='.
Fischbein insists that Interscope
attorneys forgave about’ 50% of the -
$4.9-million debt—a point with
which Death Row adamantly dis-:
agrees.
“It was Jimmy lovine who took
the lead in getting thé ball rolling
to straighten this mess out,” Fisch-
bein said. “Nothing would have
“happened if it wasn’t for -him.
Death Row never even came to the
table tc have adiscussion.” |.
Shakur’s mother has also cast
doubt on the validity of the record -
ing contract that Death Row struck
with her son on Sept.-16, 1995. -
Unlike .a_,standard - recording
agreement, typically thick and
ced wi with dozens of” complicated
peat and conditions, .Shakur’s
pact with Death Row is hand-writ-
-ter ‘and just - three: ‘pages ‘long.
Shakur signed “the agreement,
Fischbein -suggeésts, ‘because. he
_ was unhappy and had been incar-
cerated for months on: a sex c-abube
angled Legacy
charge before Knight showed ‘up
os ‘with apromise to bail himout..~’ ~. -:
Sy “eis ‘contract’ is not like ‘any
«other agreement I've ever seen in
my life,” Fischbein said. “It's noth-
We believe that Death Row withheld royalty payments. ing but toilet paper.”
from Tupac and failed to deliver many of the advances .
The agreement, which . granis
-Death Row the right to release as
many as four albums, spells out a
series of advance payments promi -
: ised to: Shakur—many of which
‘Fischbein alleges the rapper never
- received.
Fischbein also complains that
Shakur did not have proper repre-
sentation when he signed the
agreement. According to Fisch-
bein, the rapper: appears to have
been represented by Kenner, who
also was the attorney for Knight
and Death Row at the time.
Fischbein accuses of Kenner of
having a conflict of interest when he
drafted the contract and gave advice
to Shakur about ‘signing it. Ken-
ner—whe was fired by Shakur
about three weeks before the rapper
‘died—denied any conflict of interest,
insisting that Shakur was repre-
sented at the time by attorney.
~ Charles Ogletree. Ogletree could not
be reached for comment Monday.
It’s- unclear whether’ Shakur’s:
mother would seek to have the
handwritten contract disavowed,
But Fischbein said Death Row has
_ yet to provide the necessary books
~ that would allow the estate to
Conduct an independent audit.
Reveal the original PDF page, then click a word to highlight the OCR text.
Community corrections
No user corrections yet.
Comments
No comments on this document yet.
Bottom Reader Ad Slot
Bottom Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Continue Exploring
Agency Collection
Explore This Archive Cluster
Broad Topic Hub
Topic Hub
letter
bureau
Related subtopics
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic