“This one’s been floating around like a hot air balloon, but we’ve just about confirmed it. For those that don’t know, Jay-Z left Def Jam as President last month, and everyone’s been talking about where he’s heading,” reports The Boy Genius Report.
“While this might be one of his many other venutures, we just heard that Jay-Z is launching a record label with Apple,” TBGR reports.
Full article here.
[Thanks to MacDailyNews Reader “qka” for the heads up.]
MacDailyNews Note: Last February, Apple Inc. and The Beatles’ record label, Apple Corps, agreed to a settlement which may allow Apple Inc. make such move. Is Apple finally ready to eliminate the Middlebronfman?
MacDailyNews Take: Whither Jermaine Dupri?