The hip label is sold off as part of a bankruptcy suit.
‘Grand Royal’, the record label owned by the
Beastie Boys, is being auctioned on the Internet.
The influential label, which, at its height, had a roster of artists that included Money Mark, At The Drive In and Buffalo Daughter, is being sold off as part of a bankruptcy suit with a starting bid of $10,000.
The auction website bid4assets.com describes the purchase as an 'excellent business opportunity' and includes various master recordings, license agreements, recording agreements and misc. contracts.
