No Limit Records
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.
*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*
Findarticles*
No Limit Records Quietly Files Bankruptcy