L.A. Reid, CEO of Epic Records, spoke about not being able to pay Bobby Shmurda‘s bail. Earlier this month L.A. Reid made it known, he could not pull out $2m for bail.
Bobby Shmurda in an interview with Hot 97’s Ebro, explained what his situation is with his $2 million bail.
In December, Shmurda was arrested with members of his GS9 crew on weapons and murder charges.
The New York rapper says that the court is not accepting collateral.
He said: ‘They want 100 percent.
‘They don’t want 25 percent. They don’t want 40 percent. They don’t want 50. They want the whole $2 million.’
‘It’s not the industry that it once was, We seriously don’t make the money weused to make.’
When Shmurda was asked about Reid’s comments and his relationship with the CEO.
He said: ‘I haven’t been in contact with them in a long time.’
Shmurda’s mother was also present during the phone call and she claims that she has been in touch with some of the label’s representatives.
She said: ‘They’re at the same stage that we’re at from the beginning.
‘Epic doesn’t have the power to sign for that much.’
Shmurda also shared his own advice for kids listening to his music and looking up to him.
‘My music is not for nobody to go react or something.’
‘This is something that I’ve been through. This is where I come from.
‘A lot of people don’t come from where I come from, but a lot do.
‘The people that do come from where I come from, it don’t make it right to the things I talk about, to go outside and do it.
‘It’s ok to be out there in the club be dancing, be having fun, but that’s about it. Don’t take it farther than the club.
‘Right now, these people in New York, they not playing with us right now.’
