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Old 02-08-2008, 10:13 AM   #1
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Default 02/08/08 - Jay-Z Talk's of New Record Label

02/08/08 - Jay-Z Talk's of New Record Label

Jay-Z may be returning to his post as a label executive sooner than expected and at an unlikely place.
Jay stepped down from his position as president of Def Jam in December of 2007 after failing to come to a salary agreement with Island/Def Jam chief, L.A. Reid.

Now according to New York's Daily News, an industry insider is claiming that Jay is in talks to start his own label with the head of Warner Music Group and Reid's competitor, Lyor Cohen. The rap mogul, born Shawn Carter, may name the label "Carter Music Group."

The insider told the Daily News, "The reason Jay left Def Jam was less about money than about freedom. He didn't want to come to the office every day. And he had so many outside projects - his chain of 40/40 clubs and the hotel he's building in Chelsea. But he wouldn't mind having a small label for the talent he discovers. He might just put out three or four records a year. He'd let somebody else do the heavy lifting."

Cohen originally signed Jay to Def Jam in 1997 and though he denied there being any talks going on about a proposed deal, he did have this to say, "I would be honored and privileged to work with him again. Bringing Jay-Z to the Warner Music Group would be a privilege and a coup. I'd do it in a heartbeat."

Cohen has refuted the notion of Jay opting for such a low key venture, stating "Jay never does anything small or part-time."

A Def Jam exec says Reid is not threatened by his former artist becoming a possible competitor, explaining, "Starting a record label from scratch is very difficult. If Warner Music wants to do it, better them than us."

Jay is still indebted to Def Jam. He reportedly owes the label a greatest hits CD and a new album which is slated for release later this year.

Hov may also be in talks with Apple Inc. There has been ongoing speculation on a possible union between the hip-hop mogul and the tech giant for the purpose of a new label.

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Old 02-08-2008, 10:40 AM   #2
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He Should Sign Game, Styles P, Jadakiss, Jay Rock, Wayne to His label, Invest Good money into them and they are one of the Hottest Dudes that are confident in what they Spit, with Jay On the Records, Promo and Good singles, shit will blow up...

I can see Game selling at least 23 million copies In USa with his first album, That will blow 50 cent off his feet untill u see a black Smoke on the ground and Banks big eyes will Pop Out and lips will Explode from the Amazment...
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Old 02-08-2008, 02:08 PM   #3
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Quote:
Originally Posted by Very Bad News View Post
He Should Sign Game, Styles P, Jadakiss, Jay Rock, Wayne to His label, Invest Good money into them and they are one of the Hottest Dudes that are confident in what they Spit, with Jay On the Records, Promo and Good singles, shit will blow up...

I can see Game selling at least 23 million copies In USa with his first album, That will blow 50 cent off his feet untill u see a black Smoke on the ground and Banks big eyes will Pop Out and lips will Explode from the Amazment...
keep on dreamin'
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Old 02-08-2008, 04:13 PM   #4
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Originally Posted by Very Bad News View Post
He Should Sign Game, Styles P, Jadakiss, Jay Rock, Wayne to His label, Invest Good money into them and they are one of the Hottest Dudes that are confident in what they Spit, with Jay On the Records, Promo and Good singles, shit will blow up...

I can see Game selling at least 23 million copies In USa with his first album, That will blow 50 cent off his feet untill u see a black Smoke on the ground and Banks big eyes will Pop Out and lips will Explode from the Amazment...
You're probably the dumbest person on this website
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Old 02-08-2008, 05:40 PM   #5
 
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LMAO @ the 1st response...
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Old 02-08-2008, 06:48 PM   #6
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Originally Posted by Very Bad News View Post
He Should Sign Game, Styles P, Jadakiss, Jay Rock, Wayne to His label, Invest Good money into them and they are one of the Hottest Dudes that are confident in what they Spit, with Jay On the Records, Promo and Good singles, shit will blow up...

I can see Game selling at least 23 million copies In USa with his first album, That will blow 50 cent off his feet untill u see a black Smoke on the ground and Banks big eyes will Pop Out and lips will Explode from the Amazment...


jay's label would never sell dat much records even if he signed michael jackson and prince... GAME= FLOP... more like game selling 50,000 im not even sure he could pull dat off...
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Old 02-08-2008, 07:01 PM   #7
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so what is jay going to do?

where did this come from?

All it really says is he may be leaving but he still has an album at Def Jam.

He could be going to sony,warner, or Apple? And I am sure there is still that rumor about Beyonce.
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Old 02-08-2008, 08:14 PM   #8
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Originally Posted by G Bird View Post
You're probably the dumbest person on this website
I was just kiddding Farmer, shit, u are stupid.....

23 Million In USA? Thats like Van Heilen or Pink Floyd Numbers...Dont think any rappers pulled that off with 1 album.
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Old 02-08-2008, 11:32 PM   #9
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womp womp first post
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Old 02-08-2008, 11:42 PM   #10
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^^^ wtf is nas wearin? nigga look like a african burglar and shit
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Old 02-10-2008, 07:21 AM   #11
 
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^^^ wtf is nas wearin? nigga look like a african burglar and shit


LoL
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Old 02-10-2008, 12:07 PM   #12
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Hov been making a lot of moves lately. As much shit as he caught at def jam people over look the positives, he din't sign every shitty artist over there. Jeezy, Ne-Yo, Rihanna, and Kanye are all big artists now. It'll be interesting to see how they progress now that he's not over there. As for the album budgets that's another thing.
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Old 02-10-2008, 01:12 PM   #13
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JayZ needs to retire
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