Topic summary
GR2 Records
Extracted from the Wikipedia article Grand Royal.
Due to mounting debts, Grand Royal closed down on August 31, 2001, and formally declared bankruptcy in July 2002. Its assets were sold off via auction on Bid4Assets; these assets did not include any rights to Beastie Boys music. The assets and back catalog were purchased by a group of fans who in turn started GR2 Records. In 2016, GR2 sold the rights and master recordings of Grand Royal's second release My Crazy Life to a member of the band Dead Fucking Last.