L.A Reid, C.E.O. of Epic Records, is reported to be receiving death threats for not bailing Bobby Shmurda out of jail, according to Sandra Rose.
Rose reports an unknown rapper made the threats in a video posted to YouTube.
Epic Records signed Bobby to a multi-album, seven-figure contract in the summer. But the label has been distant since the “Hot N*gga” rapper was slapped with a litany of charges that could possibly take him away from society for 25 years. Shmurda sits in Manhattan Detention Complex aka “The Tombs” on charges of conspiracy, reckless endangerment, criminal possession of a weapon and criminally using drug paraphernalia. Bobby, whose bail has been set at $2 million, pled not guilty to those charges Thursday, Jan. 30.
According to the New York Times, Shmurda, born Ackquille Pollard, hopes to get out of his Epic Records contract once he makes bail.
“I’m going to try my best to go back on the deal,” Bobby said, according to the NYTimes. “If not, I’ll give them their music and bounce.”
Matthew Middleton, Bobby’s entertainment lawyer, accused Epic Records of exploiting Bobby who hails from an impoverished neighborhood in East Flatbush, Brooklyn.
“These companies for years have capitalized and made millions and millions of dollars from kids in the inner city portraying their plight to the rest of the world,” Mr. Middleton told the NYTimes. “To take advantage of that and exploit it from a business standpoint and then turn your back is disingenuous, to say the least.”
Epic Records have had no role in helping to secure bail for Bobby.
“They’re not standing by me that much,” Shmurda told Billboard. “Every time I call them, there’s excuse about Sony. I haven’t gotten a visit from one of them yet. At first I thought it was love. Now everything is all business.”
An Epic representative reportedly told Billboard the label stands behind Shmurda and he’s still on the roster.
50 Cent is even upset with the folks over at Epic Records for not supporting Bobby Shmurda amid his mounting legal woes.
Fif made his thoughts on the matter known on DJ Whoo Kid’s SiriusXM Shade 45 “Whoolywood Shuffle” radio show.
“I’d like to see that check from Epic,” he said. “…Why didn’t they bail Bobby out? He never got bailed out. Sha Money and them ain’t bail him out. How yo name gon be money and you don’t show up with the money when them n-ggas go to jail?”
Shmurda and his management have attempted to put together a bail package to secure his release. But plans to pay it ultimately fell through.
Bobby’s attorney Kenneth Montgomery opened up on the reasoning behind this in an interview with Complex Mag.
“It wasn’t really money. It was property,” he said. “You need collateral. You need property that has a lot of equity in it. The issue wasn’t with the property. It was an issue of how many people owned the property. You had some people who wanted to present the package and you had someone who was an owner that didn’t. That’s why it didn’t work out.”
Montgomery has no doubt in his mind Bobby will be free if a workable bail application was submitted.
“I never had a client present a bail package that was denied,” he said.
Bobby currently has to sit in jail until his upcoming April 22 court hearing.
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Epic Boss L.A Reid Receiving Death Threats For Not Bailing Out Bobby Shmurda?
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