LA Reid Explains Why They Haven't Bail Out Bobby Shmurda Yet.


Rapper Bobby Shmurda has been in prison
since December 2014 after failing to post
$2 million bail on multiple drug and gun charges.
LA Reid, who is the CEO of Epic records where
Bobby was signed to before his travails, explains
why they haven't bailed out their artist.

Asked about criticism for leaving Bobby locked
up LA Reid tells Rap Radar,

“…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.”
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