Bobby Shmurda has essentially spent the entire year behind bars over drugs and weapons charges. His bail is only $2 million, which leaves many wondering why his major label record company didn’t foot the bill to get the young star out of jail.
L.A Reid sat down with Rap Radar where he explained Epic Records’ reasons for not bailing out Shmurda.
“…It’s not the industry that it once was. 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, ya 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.”
