Rapper Alisher Morgenstern (known as a foreign agent in the Russian Federation) reported on his Telegram channel that he is closing the Bugatti Music music label.
Morgenstern said he is proud of the work done at the label. The artist noted that the team has come a long way. According to him, no Russian record company has made “such moves” as Bugatti Music.
“Roasted crosses of Rich Ze Kida, Arut and Kizaru advertising BC, worth one dollar… We have achieved the impossible. Our young children grew up before our eyes, and today at midnight the final album will be released on Bugatti Music, and I am glad that Ilyukha is the kind of person who will bring closure to our story,” the musician wrote.
Bugatti Music was founded in Dubai in 2022. The label’s first album went platinum. During a year of work, the project team released more than 20 tracks with the participation of artists: ARUT, Morgenshtern, Talia, Entype, Big Baby Tape, Limba, Eldzhey.
In November, the Moscow Savelovsky Court fined Morgenstern 40 thousand rubles. The reason for the sanctions was that the musician did not submit a declaration of income and expenses to the Ministry of Justice of the Russian Federation. This requirement is mandatory for anyone with foreign representative status in Russia, the publication states.
Previously Ozzy Osbourne talks about leaving the stage.