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It seems that Jay-Z stepping down as CEO of Def Jam Records was just a strategic move to free up his time for bigger things.
Roberta Ferguson from Rumors In Music has reported that Jay-Z needed to free up more of his time so he could produce his own record label. Jay-Z who has said that he has a hard time sitting still, also wants more time to devote to the opening of his many 40/40 Clubs around the world.
“We’ve heard that Jay-Z has been huddling with Warner Music Group head Lyor Cohen, to talk about starting his own label, tentatively called the Carter Music Group. Jay’s real name is Sean Carter.” – Roberta Ferguson
924 days ago
I am sure it will be successful. Good on you JayZ
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899 days ago
yeah jay-z is cool, but there is only one king of hip hop and that`s fiddy.
check out his live backstage channel where he posts stuff from his tours:
http://www.kyte.tv/ch/18531-50centtour
peace
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