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Epic Records CEO L.A. Reid stopped by the very popular Rap Radar Podcast with Elliot Wilson and B.Dot this week. The legendary mogul talked about his artist Bobby Shmurda and revealed that one of the reasons the label didn’t pay for his bail is because the record industry doesn’t make the money it used to. Shmurda is in jail awaiting trial on gun and drug charges.
Check out some excerpts of the chat below:

L.A. Reid on Bobby Shmurda’s signing and arrest:
“I’m crazy about that kid and I think about him often. And I feel like, ya know, his better days are ahead of him. I do believe that. And I think it’s unfortunate what has taken place. But, when I heard him, I believed him. That’s what sold me. It felt soulful. It didn’t feel like someone was play acting and it felt really believable. And, I guess it was.”
L.A. Reid on criticism for not bailing Shmurda out:
“Well, it made me feel like people don’t know anything about my business, right? It’s really not their business. That’s the truth about it, right? Um, we’re not elected officials here. And we’re not at liberty to disclose how we do business. It’s fair practice, I can tell you that. But, it’s not the industry that it once was. We seriously don’t make the money we used to make. That’s a fact of life, right?
“Bobby Shmurda is not the same as Snoop Dogg and Murder Was The Case, who’s coming off The Chronic and his first album. It’s a different era, ya know? And, we’re a publicly held corporation. We just aren’t in the same position we were in back in those days. So, it’s a different day.”
Many people thought the label should have paid Bobby’s bail, but the “Hot N*gga” rapper is still sitting in jail after having a tremendous amount of success with just two singles. You can hear the entire Rap Radar Podcast here.
SOURCE: Rap Radar | PHOTO CREDIT: Getty
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1 of 10
1. Max B
Crime: Max B's promising career was cut short in 2007 when a robbery he helped plan out, but didn't physically commit, went wrong, ending with a man being shot to death.
Sentence: The Harlem rapper, who had been in prison before, was sentenced to 75 years.
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2 of 10
2. G. Dep
Crime: In 2012, G. Dep confessed to the police that he killed a man during a botched robbery back in 1993. The rapper confessed, he claims, because he was haunted by his actions.
Sentence: G. Dep was sentenced to 15 years in prison in 2012.
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Source:Getty
3 of 10
3. Beanie Sigel
Crime: Beans has been in and out of prison for the last decade. Last year, he went back in after he pleaded guilty to drug possession.
Sentence: The rapper was sentenced to six to 23 months. That time runs concurrently with his two year tax income sentence.
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4 of 10
4. Bump J
Crime: In 2008, Original Chicago gangsta rapper Bump J was facing 20 years in prison for robbing a bank in his city.
Sentence: In 2009, Bump took a plea deal. He got sentenced to 10 years in federal prison.
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5 of 10
5. Tru Life
Crime: Tru Life once had such promise. The Lower East Side rapper was signed to Jay Z's Roc-A-Fella records. Then everything changed in 2009, when Tru and his brother were arrested for stabbing a man to death.
Sentence: Two years later, Tru would take a plea deal, copping to gang assault in the second degree. He was sentenced to 10 years in prison.
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Source:Getty
6 of 10
6. Remy Ma
Crime: After getting into an argument with a friend over money, rapper Remy Ma pulled out a pistol and shot the woman in the stomach in 2007.
Sentence: She was sentenced to eight years in prison in 2008. Remy has been in for six years, but husband and fellow rapper Papoose revealed that she should be home this summer.
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7 of 10
7. B.G.
Crime: B.G. has been and out the system for most of his adult life. Things really came down on him in the summer of 2012, when he caught a gun charge.
Sentence: Because of his priors, the rapper was sentenced to 14 years in prison.
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8 of 10
8. C-Murder
Crime: Never has a name been more appropriate. In 2002, the rapper shot and killed a fan in a Louisiana club.
Sentence: The rapper was convicted of the crime in 2003 but had that conviction overturned on appeal. The case finally caught up to him in 2009, when he was convicted and sentenced to life in prison.
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9 of 10
9. Big Lurch
Crime: Big Lurch was a pretty successful rapper from the Bay in 2002. And then he flipped. The rapper murdered a woman in a brutal way. The victim was found with her chest ripped out and bite marks all over her body. Witnesses say Lurch could be seen walking the street naked with blood all over himself.
Sentence: The rapper was sentenced to life in prison for his brutal murder.
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Source:Amazon
10 of 10
10. X-Raided
Crime: X-Raided was a California rapper from the early '90s who got convicted for murder in 1992 after he killed a rival's mother.
Sentence: The rapper was sentenced to life in prison for his crime. But, remarkably, he kept on recording music through the phone throughout his time in jail.
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L.A. Reid Explains Why The Label Didn’t Bail Out Bobby Shmurda
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