Bobby Shmurda was arrested with members of his GS9 crew in December on multiple weapons and murder charges.
Epic Records received criticism for not posting the “Hot Nigga” rapper’s $2 million bail. L.A. Reid, CEO of the label, spoke with Rap Radar Podcast about his position in the artist’s legal battle.
“People don’t know anything about my business, right?” he says. “It’s really not their business. That’s the truth about it, right? We’re not elected officials here. And we’re not at liberty to disclose how we do business. It’s fair practice, I can tell you that. But, it’s not the industry that it once was. We seriously don’t make the money we used to make. That’s a fact of life, right?”
Reid further explains his comments about the changes in the music industry citing Snoop Dogg being acquitted of murder charges in 1996. Members of Death Row Records, including Tupac and Suge Knight, attended some of the trial proceedings to show support for the Long Beach, California rapper.
“Bobby Shmurda is not the same as Snoop Dogg and Murder Was The Case, who’s coming off The Chronic and his first album,” Reid says. “It’s a different era, ya know? And, we’re a publicly held corporation. We just aren’t in the same position we were in back in those days. So, it’s a different day.”
Reid reflects on signing Shmurda and says that he is hopeful for the 21-year-old’s future.
“I’m crazy about that kid and I think about him often,” he says. “And I feel like, ya know, his better days are ahead of him. I do believe that. And I think it’s unfortunate what has taken place.”
For additional Bobby Shmurda coverage, watch the following DX Daily:
They should bail him out they will make the money back off of him once he is out doing tours and promotions just by him having a case gives him credit in the streets so anything he put out will sell its a shame how they abandoned him they don’t care if it was Reid he would be out ????
Snoop also didn’t snitch on himself like an ignorant dumbass.
He’s tryingto say like they dont have 2 million dollars… you know? What a bunch oflies.
YOU invest your $2,000,000.00 or STFU…….. Shmurder is the STUPIDEST INVESTMENT anyone could make! They aren’t responsible for his personal DUMB SH*T he got himself into!
@ GameWinner, So go to the hood to invest? you knew exactly what you were investing in, where you got it. People are dumb as hell to think LA Reid dont have the money to spare on this investment, mind you , he need to, cus Booby will blow 100x more, if he beat this trail, and come back with a hotter track then “hot Niggas”..
He sure had 2 million dollars for Shyne non-rapping kosher ass. And wha happened to that? Nothing, Shyne can’t rap anymore
Can’t compare a 1 hit wonder to a multi-platinum one, just sayin….
SNOOP is an ICON, selling MILLIONS out da GATE with THE CHRONIC, DOGGYSTYLE & DEEP COVER, while Bobby is a corny ‘half a hit wonder’ that didn’t go ‘Plastic’! WHERE is the COMPARISON! GTFOH………………..
The boy is young, snoop dog started out young he didn’t have the money he has now let’s keep it real,he had to learn and grow Bobby need the same chance grow up.
Bobby is where he belongs. Reid know what hes doing. he not worth the 2 million ESP since Bobby is guilty as sin anyway and will go to jail
How would you like it if it was your ass,you a hatter anyway dirty cop’s in New York that’s a fact.can’t stand to see a young black man have money.
Let him be in prison for a little longer… I bet he duzz that gay dance fo the niggas in prison :-D…
“One of them was carrying a Dillenger.”
Nah. That’s a *Derringer.* Dillinger was a gangster in the 30s.