The battle over the rights to Jay-Z’s iconic debut album, Reasonable Doubt, is nearing its conclusion as recent legal filings reveal that the full ownership of the album will officially transfer to Jay-Z in 2031. This news comes as Dame Dash, co-founder of Roc-A-Fella Records, is facing the public auction of his 33.3% stake in the company, scheduled for later this month.
According to TMZ, the U.S. Marshals will auction off Dash’s shares in Roc-A-Fella Records, with a minimum bid set at $1.2 million. This auction follows years of Dash attempting to sell his shares, which ultimately culminated in this forced sale. The proceeds from the auction are intended to cover a judgment from a civil suit Dash lost in 2022 to Josh Webber and Muddy Waters Pictures over defamation and copyright infringement related to the film Dear Frank.
The recent filing by Jay-Z’s legal team further complicates the value of Dash’s stake in Roc-A-Fella. The document confirms that the rights to Reasonable Doubt, which was released in 1996, will transfer from Roc-A-Fella to Jay-Z’s personal ownership under his real name, Shawn Carter, in 2031. This shift was already set to happen 35 years after the album’s release, but the filing makes it official, indicating that whoever wins the auction will only receive a portion of the album’s revenue for the next six years.
This development significantly impacts the potential value of the Roc-A-Fella shares up for auction. While the buyer would receive a third of the profits from Reasonable Doubt for the next few years, the long-term ownership will ultimately return to Jay-Z.
Interestingly, the auction and Jay-Z’s strategic legal filing have reignited public interest in the ongoing feud between the former Roc-A-Fella partners. Last month, rapper Lupe Fiasco suggested on social media that Drake should consider purchasing Dash’s shares, further fueling speculation and interest in the upcoming auction.
The transition of Reasonable Doubt rights to Jay-Z underscores his enduring influence and control over his legacy, even as the complexities of his past business relationships come to a head. As the auction approaches, many are watching closely to see how this chapter in the Roc-A-Fella saga will unfold.
Ultimately, Jay-Z’s move to secure the rights to his debut album marks a significant moment in the history of hip-hop but one thing is clear: Jay-Z’s legacy is firmly in his hands.
The post Jay-Z to Officially Gain Full Rights to “Reasonable Doubt” in 2031 Amid Roc-A-Fella Auction first appeared on The Source.
The post Jay-Z to Officially Gain Full Rights to “Reasonable Doubt” in 2031 Amid Roc-A-Fella Auction appeared first on The Source.