“We seriously don’t make the money we used to make. That’s a fact of life,” label CEO says of incarcerated rapper
Epic Records has come under fire in recent months for their refusal to pay the $2 million bail for Bobby Shmurda, the “Hot Nigga” rapper behind bars since December 2014 awaiting gun and drug charges. However, Epic CEO L.A. Reid defended the label for not bailing out their signee, telling the Rap Radar podcast (via Vibe) recently, “It made me feel like people don’t know anything about my business. It’s really not their business. That’s the truth about it. We’re not elected officials here, and we’re not at liberty to disclose how we do business.”
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