Amidst the troubling legal woes that Brooklyn rapper, Bobby Shmurda, has experienced throughout the past year on the reported account of gun and drug charges, his label boss took time to express just why Epic Records hasn’t provided bail money in order to set the young prodigy free.
After sitting down with Rap Radar Podcast, label CEO L.A. Reid spoke about the status of his artist and what’s the real story as to why the label hasn’t paid Shmurda’s bail.
“I’m crazy about that kid and I think about him often. And I feel like, you know, his better days are ahead of him. I do believe that,” Reid said. “And I think it’s unfortunate what has taken place. But, when I heard him, I believed him. That’s what sold me. It felt soulful. It didn’t feel like someone was play acting and it felt really believable. And, I guess it was.”
After facing criticism from many for not coming to Bobby’s rescue to pay his bail, Reid revealed that the reason behind that was simply because the record industry doesn’t make bank the way it used to many years ago.
“Well, it made me feel like people don’t know anything about my business, right? It’s really not their business. That’s the truth about it, right? We’re not elected officials here. And we’re not at liberty to disclose how we do business. It’s fair practice, I can tell you that. But, it’s not the industry that it once was,” he revealed. “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, you 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.”