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No Limit Records: Encyclopedia BETA


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No Limit Records

No Limit Records

Parent companyGutta Music Entertainment
Founded1994 as No Limit Record Store
FounderMaster P
Distributing labelKoch Records
Genre(s)Hip Hop, Southern Rap
CountryUS
Web addresshttp://www.guttarmusic.com
No Limit Records is a record label that began in the early 90's as the No Limit Record Shop in Richmond, CA. Through a distribution deal with Priority Records to distribute No Limit Records music, millionaire founder Master P (aka Percy Miller) maintained ownership of all of his master recordings, his studio and became the sole distributor. He and his two brothers, C-Murder and Silkk Tha Shocker, were the label's main artists, along with a series of contract stars including, at various times, Mystikal, Snoop Dogg, Mac, and Lil Romeo, Master P's teenaged son.

The company filed for bankruptcy on December 17, 2003.In 2004, Master P reorganized the label as "The New No Limit Records", and moved to Koch Records for distribution. The New No Limit is now in partnership with Master P's own distribution company, Guttar Music Entertainment.

Gutta Muzic logo

Sales statistics

*First two records sales released independently (1994-1996): 350,000
*First two years sales in cooperation with Priority(1996-1998) : 28 million
*Income (85 % of interest) (1996-1998) : +250 million$
*Combined revenues of No Limit Records and No Limit Film for 1998 : 160 million$


= See also =
* List of record labels
* No Limit Records artists
* No Limit Records discography

External links

* Findarticles
* No Limit Records Quietly Files Bankruptcy



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