Producer Teddy Riley Selling Studio To Pay Creditors

Here’s your chance to cop a 3 million dollar studio on the cheap.  The diabolical production genius behind New Jack Swing is selling his Virginia Beach recording studio in order to pay creditors.  I’ve always had a hard time understanding how superstars get into such bad financial shape when they clearly have so much going in their favor.  Riley previously also had to sell his 1.5 million dollar home and still faces mountains of debt.

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