Friday, October 16, 2015

L.A. Reid on Paying Bobby Shurmada's Bail


Brooklyn rapper Bobby Shmurda has been sitting in jail for nearly a year after failing to post bail on multiple drug and gun charges [click here if you missed that].

Epic Records CEO LA Reid explains why they haven't bailed out their artist…

Asked about criticism for leaving Bobby locked up LA Reid tells Rap Radar,    
“…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? 
“Bobby Shmurda is not the same as Snoop Dogg and Murder Was The Case, who’s coming off The Chronic and his first album. 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.”
Bobby Shmurda's bail is set at $2 million.