The New York based Global Music Group Inc. announced Monday that it purchased Death Row Records for $24 million. GMG also stated that the purchase included a huge back catalog of music and the contracts of the current artists.

Death Row Records was the hip hop label home of some of the greatest gangsta rappers in music history, Tupac Shakur, Snoop Dogg, and Dr. Dre. With the mismanagement and incarceration of its known owner, Suge Knight, the label eventually collapsed.

In 2006, a couple claimed they help found the label and won a judgement against Suge Knight in the amount of $107 million. But Suge was unable to pay and filed for bankruptcy in April 2006.

Global Music Group, an independent label, will now own albums from Dr. Dre “The Chronic”, Tupac’s “All Eyez on Me” and Snoop Dogg’s “Doggystyle.” Other assets obtained may include unreleased material from the late Tupac Shakur. So for the Tupac lovers, you will probably see another album soon.