Rap Basement


TVT Records Break In

Posted By on July 19, 2003

The Manhattan office of rap music mogul Steven Gottlieb (who was recently awarded a $132 million judgment against Island Def Jam records in a dispute over a Ja Rule record) was burglarized yesterday.The target of the break-in at the E. Fourth St. office of TVT Records appeared to be Gottlieb’s personal computers, sources said.”They took his computers and they left everyone else’s,” a source close to Gottlieb said. “He’s very concerned about it. There was personal information on those computers.” Gottlieb said yesterday he is working with the police to find the thief, whose image was captured on surveillance video. Sources said that the breach occurred just after 9 a.m. and that the intruder spent just eight minutes in the building, going straight to Gottlieb’s office and loading his computers into a duffel bag. “It appears highly suspicious that my computers were the only ones taken,” Gottlieb said. The burglary was part of a rough couple of weeks for Gottlieb. On July 7, he was the subject of a New York Times article that wrongly stated he had defaulted on a $23.5 million loan, was about to lose control of his company and was generally litigious. On Monday, the Times ran a 2,100-word correction on the story. Gottlieb has been at the center of a war between his independent label, TVT Records, and Def Jam over the release of an album featuring Ja Rule and hip hop producer Irv Gotti. In March, a federal judge ordered Def Jam records and its CEO, Lyor Cohen, to pay Gottlieb $132 million after Gottlieb’s label was restricted from releasing the album, recorded before Ja Rule made it big.