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Aug. 25, 2019, 8:20 p.m. EDT

Hasbro now owns Death Row Records, thanks to deal for maker of Peppa Pig

Iconic rap label had been bought by Entertainment One

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By Jackie Salo


Getty Images
Snoop Dogg, seen performing Aug. 20 in New York, signed with Death Row Records in 1991.

My Little Pony, meet Tupac Shakur.

Toymaker Hasbro has acquired gangster rap label Death Row Records — which counts Shakur and Snoop Dogg among its artists — as part of a bid to grow its stable of family-friendly entertainment.

The worldwide toymaker announced the $4 billion deal Thursday to buy British company Entertainment One /zigman2/quotes/203732995/delayed UK:ETO +0.79%  , which produces animated kids shows such as “Peppa Pig” and “PJ Masks” but also owns the rap label.

Hasbro /zigman2/quotes/201249319/composite HAS +1.06%  , which owns the rights to My Little Pony, Monopoly and Mr. Potato Head, has said the company was looking to expand “family brands” and television production with the purchase.

“The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro’s portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling,” Hasbro CEO Brian Goldner said in a statement.

Though Hasbro was aiming for more family-friendly programming, the toymaker ended up with Death Row Records, a division of Entertainment One purchased in 2013, Rolling Stone reported.

Death Row — which was founded in 1991 by Suge Knight, The D.O.C., and Dr. Dre — was one of hip-hop’s most influential labels, signing some of the biggest names on the West Coast.

The iconic label, however, filed for bankruptcy in 2006 after a series of lawsuits and the imprisonment of Knight. It has since changed hands several times, landing up with Entertainment One when it was bought for $280 million, according to Rolling Stone.

This report originally appeared on NYPost.com.

/zigman2/quotes/203732995/delayed
UK : U.K.: London
574.00 p
+4.50 +0.79%
Volume: 25,135
Sept. 20, 2019 8:38a
P/E Ratio
231.45
Dividend Yield
N/A
Market Cap
£2.84 billion
Rev. per Employee
N/A
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/zigman2/quotes/201249319/composite
US : U.S.: Nasdaq
$ 120.92
+1.27 +1.06%
Volume: 1.04M
Sept. 19, 2019 4:00p
P/E Ratio
49.38
Dividend Yield
2.25%
Market Cap
$15.26 billion
Rev. per Employee
$848,083
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