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The Record Plant’s Assets Sold to Grammy-Winning Music Producer At Bankruptcy Proceeding

Grammy-winning produce Rafa Sardina acquired The Record Plant's assets for $500,000 last week, bringing the studio's fate nearer to a resolution.

Founded in 1968, the Record Plant has been the standard for music production due to its high-end equipment and an emphasis on service and luxury that made megastars feel like they were in their own homes. Sardina, who interviewed successfully at Record Plant early in his career before deciding to work at a different studio, did not respond to requests for comment about why he made the purchase offer. The two sued each other until last year, when Lawrence’s company, Philmar, declared bankruptcy, forcing the court to sell the Record Plant’s assets in order to pay off his debts.

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