Due to mounting debts, Grand Royal went out of business in 2001. Its assets were sold off via auction on Bid4Assets; these assets did not include any rights to Beastie Boys music. The assets and back catalog were purchased by a group of fans who in turn started GR2 Records. In 2016, GR2 sold the rights and master recordings of Grand Royal's second release My Crazy Life to a member of the band Dead Fucking Last.
Grand Royal was also the name of a magazine written and published by the group. Described as a publication that "came to define part of Generation X," the total distribution of the six issues of Grand Royal was estimated at 300,000 copies.
- "Beasties Label Grand Royal to be Distributed by Capitol". Rolling Stone. December 9, 1993. Retrieved August 15, 2018.
- Werde, Bill (January 19, 2004). "For a Record Label Founded by the Beastie Boys, the End Is Less Than Grand". The New York Times. Retrieved August 15, 2018.
- Cross, Alan (2012). The Beastie Boys: the secret history. Joe Books Ltd. ISBN 978-1-9270-0216-2.
- Woodbury, Jason P. (August 11, 2017). "The Magazine of Champions: On the Shabby Brilliance of "Grand Royal" Magazine". Flood Magazine. Retrieved August 15, 2018.
- Estes, Adam Clark (2012-05-04). "Remembering Grand Royal, the Beastie Boys' Brief, Brilliant Magazine". The Atlantic. Retrieved 2020-08-20.
- Archive-Courtney-Reimer. "Beastie Boys Compiling Book Of Grand Royal Highlights". MTV News. Retrieved 2019-06-11.
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