- Nov292011
Music Minute!
Written by Trent | Filed under Music Minute,TLC
Did you know that despite scoring a diamond album with ‘CrazySexyCool’, TLC were forced to file for bankruptcy in 1995?
TLC reportedly experienced severe financial burdens during the peak of their career as a ramification of their label limiting the group’s share of royalties from their tour revenue and record sales. Furthermore, a large portion of the trio’s losses were allegedly incurred after Left Eye lit her former boyfriend Andre Rison’s mansion on fire in June 1994. TLC filed for Chapter 11 bankruptcy on July 3rd 1995.
Now you know!
Keys: music minute, tlc
6 Comments to “Music Minute!”
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Does it matter?
They made timeless music.
And now poor T-Boz is in financial problems again. It’s so sad!
This is no surprise seeing as that Toni Braxton had to file to bankruptcy as well as she was also on the same record label!
Hmmmmm, Ms.Perri Reid was also a contributing character in the groups financial downfall.
Ms.Perri Reid claims to have been so devastated after TLC left Pebbitone that she stepped out of the music industry but word has it that her ass was basically black listed for pulling a Lou Pearlman on TLC.
That is terrible, they made great music and sold millions of albums. They should be financially equipped. Some of these label heads are terrible.
i REALLY MISS THIS GROUP