Apple to Start Record Label with Jay-Z and Beyonce?

  • Wanna Join? New users you can now register lightning fast using your Facebook or Twitter accounts.
The Visualizer

The Visualizer

Sicc OG
#1
Jan 1, 2006
5,007
5
0
40
#1
From Mac Rumors
Starting in April 2007 there were rumors from MediaTakeOut that rapper Jay-Z was leaving the Def Jam Recordings record label to create a new "super label" with singer Beyonce.
In an exclusive interview, MediaTakeOut.com spoke to a key person involved in creating the new label. And according to that insider, the new label will launch early next year. Tells our insider, "It's a done deal. [Jay Z] already has Beyonce and [Mathew Knowles] on board ... She'll be finishing up her contract [with Sony], and I expect that she'll sign on to the new label shortly afterwards."
Jay-Z is a popular rapper and current president and CEO of Def Jam -- a record label owned by Universal Music.

At the time, Jay-Z was reportedly shopping this new "super label" around with the major record labels "and to Apple - who [was] very interested in doing business".

Now, Moli.com is claiming that "an inside industry source" says that its a done deal.
[Jay-Z and Beyonce] will move to Apple to run a new music division. It sounds rather incredible: [Jay-Z's] already got a pretty good job, running Def Jam, and [Steve] Jobs may be too smart to get into the tanking recording business (as others have said). Of course, if it is true, my guess is this would be a new, revamped record biz, one based on digital distribution, not boring old physical products.
Coincidentally, Universal Music recently let their long term contract lapse with Apple for iTunes music distribution and have gone on a short term "at will" distribution deal.

The reliability of these sites is unknown, but published for interest as well as due to the existance of a historical rumor trail.
Click to expand...
Crazy if it does go down
 
M

Music Nfluenced

Sicc OG
#3
Mar 30, 2006
2,969
937
113
42
#3
Track Review: Jay-Z & Beyonce feat. Steve Jobs “New Apple Music Division”

By Etan Rosenbloom

It’s just speculation at this point, but rumors are a-flyin’ that Steve Jobs has tapped Jay-Z and Beyonce to head up a new music division for Apple. If the rumors are substantiated, this move could be either a major coup or a giant deflection scheme for Steve Jobs, who has met criticism from major record labels for the monopoly that Apple has on the digital music market. More news as it develops, but don’t be surprised if Jay-Z starts branding himself iJigga in the near future.
 
You must log in or register to reply here.
Top Bottom