We were the first to tell you, in December, that the rapper-turned-executive was likely to leave his post as Def Jam CEO after he and Island/Def Jam chief L.A. Reid failed to reach a resolution on his contract renewal.
Now we hear Jay has been huddling with Reid's rival, Warner Music Group head Lyor Cohen, to talk about starting his own label - tentatively called the Carter Music Group.
"The reason Jay left Def Jam was less about money than about freedom," an insider tell us. "He didn't want to come to the office every day. And he had so many outside projects - his chain of 4-0/40 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 said that he and Jay have not discussed a label deal yet.
"I would be honored and privileged to work with him again," says Cohen, who signed Jay to Island/Def Jam when Cohen was there. "Bringing Jay-Z to the Warner Music Group would be a privilege and a coup. I'd do it in a heartbeat."
Cohen disputed the suggestion of Jay-Z running a "small" label. "Jay never does anything small or part-time," said Cohen.
In other news…
Jay still owes Def Jam a new album - due later this year - and a greatest hits CD. One exec there doubted Reid would be bothered by his artist competing with him. "Starting a record label from scratch is very difficult," says the source. "If Warner Music wants to do it, better them than us."
Meanwhile, we hear 50 Cent may be helping Ashanti plot revenge on Murder Inc. capo Irv Gotti. The songstress has been furious that her label's boss wouldn't deny rumors that they'd had an affair.
"She was pissed," says our source, "And now 50 Cent is trying to get her to be a part of G-Unit."
Fitty hasn't always been flattering toward Ashanti. He told Playboy that "her music is not the hottest s- in the world."
But our source reports: "He called her to apologize."
P.S. Don't believe that rumor going around Wednesday that Fitty had been shot (again). His rep assures us he has no new bullet wounds.
-------------------
Why would Jay name a label that when he owns the Roc-A-Fella name?
COMMENTS
I liked the sound of apple more then warner hes just gona have the same problems and end up movin around like dmx
Apple was that future move
I POSTED THIS ALREADY IT GOT REMOVED 4 SUM REASON
umm i thought jay is linking up with Apple? as far as 50 and Ashanti, damn hereally does wann take ja place huh?
yeah no disrespect to fifty or nothing but he doing the same shit that he clowned ja 4
Finally someone other than me believes that shit. Thanx
word I was thinking that while reading is ROC A Fella not his? I honestly think he is making to many moves, he needs to get Beyonce pregnant and start a family or something.
No I need to get Beyonce pregnant and become dat Bitches Man-whore!!!!
LMFAO.....too fucking funny
If 50 grab ashanti he a genius...I hate irv...he so fat and sick lookin'......he treat his wife bogus too.....she dont deserve that, she too pretty. Carter music group sound cool, but what about the roc....hope he dont desert them.....we need the roc.
on some real shit.... Jay-Z is a BOSS! he probably sitting on a billion, no joke.
this is hilarious... Hov making moves all the time, u can't knock the hustle. And 50 knows how to get back at ppl... Thats just so foul!
hova diff ova a billion i can't see why he ain't and as for ashanti goin ova to g unit i doubt it they clowned her back wen da whole g unit camp clowned ja "ashanti side burns is thicka then mines" banks lol dat shyt was funny but if she can ova look dat then ima have to agree with jayrel on his comment.
Ashanti makes good music...& why would she have an affair with Irv Gotti? She's married/engaged to Nelly why the fuck would she sleep with that fat ass nigga?
She wasnt always engaged to Nelly...by the way: SHE ISN'T anymore. I believe Gotti hit. She was just another hood bitch that wanted a deal... Gotti was a millionaire producer.
Yeah I definitely believe it! Also... Gotti's cheated on his wife soo many fuckin' times....lol... I learned that by just watching ONE episode of his show.
Nelly has a new BM anyways lol.
~Be Eazy!
Lol...dis shit funny...
jayz a true business man. 50 tryin to get sumbody 2 replace garbage ass olivia. soon he gon need somebody to replace buck....
i dnt think id wanna be signed 2 jay's label he too dam busy doin other shit 2 be focused on a label i think
ashanti to the unit??? ahhhh sweet revenge huh fuck it do u
whatever jay do he gone prophet big time
it makes sense for jay to have a small label, without a big ass roster to look over you know he'll be puttin out some quality music.apple or warner who cares, jay gon' do what he do. has it ever occured to anybody that maybe the company defjam itself is ass regardless of leadership, i can't knock em' tho they still a legendary company.
as for 50, fuck that nigga. that nigga a shark, he'll do whatever he can to survive and profit and that includes fuckin u up one minute and tryin to sign you the next. shout out to shanti hope she can find a better situation and blossom. fuck nelly, and shout out olivia's sexy ass. 50 is a retarded. remidial. dumb ass mutherfuckin son of a bitch to fuck up that situation with olivia. one
yeah, but didn't he fuck up that situation wit Olivia cuz he thought he was gonna sign Keyshia Cole which never happened.
i remember a track where 1 of them G-Unit n*ggas, can't remember which 1 says that Ashanti smelled like she just got done playing a game of full court basketball. but i still hope she signs with the Unit so she can diss that fat fag Irv.
NO. That track was about Kelis
"The songstress has been furious that her label's boss wouldn't deny rumors that they'd had an affair"
Irv Gotti's a fuck boy if he really didn't fuck and he's bragging like he did.
that's funny....Dame Dash's label after the whole ROC breakup was called-
"dame dash music group"
Now Jay going to put his label up and call it-
"carter music group"
...am I the only one that thinks that's histerical?
hell yeah what music came out from "dame dash music group"
I tihkn Jay-z should hav in his label Kanye, Beyonce, Nas, Rihanna, Faboloua, and Jus Blaze. U konw hav nothing but big artists in the label.
When i heard that fat fuck fucked ashanti i was like damn thats how that bitch got a deal whoeva lyin is a bitch....but for the people sayin 50 wanna be ja your confused because what did 50 say, no peace talks right why u think he wanna sign ashanti? to sing wit her fuck that he wants to disgrace ja and irv even more,,, such as jim jones situation if he signed wit g unit camrom would be emabarassed so thats a shiesty move on 50...i love it....G UNIT!
man 50 is good at getting back at people first he shut down murder inc them nigga can't sell a album for nothing, and now he trying to take ashanti. she probably will leave because 50 known for giving nigga's the right price to make nigga's leave. he did it with jim jones, he tried to do it with wayne but he ain't going to leave his daddy but if wayne didn't like baby he would be with 50, he took mase from bad boy, most of everybody he got he took them from somebody. Jay'z i don't care for him as a business man because he learned how to do business for Dame.
Jay-z would have this nigga's on his label Kanye, Beyonce, Nas, Neyo, Rihanna, Fabolous, Just Blaze, The Dream, Dj Clue, Beanie Sigel, FreeWay, Tru life, Common, John Legend, and maybe Twista cause he was with Roc-a-fella and he with kanye
nothing but heavy hitters. man i can't wait but it's not going to be nothing like the roc, the old roc
what about jada?
I agree...
what more does 50 want from ja, i mean he already ended his career ja aint talkin no more nor is irv and em so what does fif really want
Damn!!! I stick up for 50 all the damn time...but now Ashanti??? This is more questionable than the Shaq trade the other day. WTF does 50 want, the whole Murder, I mean The Inc.'s song catalougue too?? Son done made Ja fall off the face of hip hop, now he wants Ashanti. In his D-Fence it's definately an upgrade from that she-man Oliver I mean Olivia.
Fuck it Jay aint gotta prove shit no more. He a Real Boss doin real things. Hope his new label dont embrace any of these new half ass rappers...Get Talib for one album, retain Nas, Kanye, Freeway and Beans. Give that dude Bleek an office job, don't pay him to rap anymore. Most importantly take back hip hop and put it where it belongs...Heart of City!!! But yeah get Talib, Hi-Tek, Common, you know GOOD hip hop.
if this is tru that make that p crack shit sound tru.about j drouping SP
Damn Jay one the best mc's of all time but he definitley shitting on the ROC all of them jumped into beef with the Dips just so he could drop'em thats fucked up!!!
I doubt Ashanti signs to the Unit besides 50, their really not doing good with sales she's better off sticking with a major... Irv gotti probably did knook boots with her back when she was coming up it aint about the looks that niiga got gwop thats why bitches fuck with that fat nigga...
The Reason he doing that is simple if he starts a new label the artist that are signed to that label is under sole deal with Jay instead of being Roc-a-fella/ Island Def Jam all that paper from the artist be he's and the artist am justing guessing ya dig
Niggaz is crazy if they think ashanti hookin up wit tha unit.
She'll find a label home somewhere. As for ja fallin off the earth, tha unit ain't much better off than murda inc. Who wanna bet that ''Shoot To Kill''album don't sell more than
300 to 400 thousand?
Jay-z took over def jam at the worst possible time there was. In the middle of the biggest industry recession ever. He a brilliant businessman. One of americas most savvy black entreprenuers. With the exception of defjam everything he touched turned to gold. From rocawear to armadale to 40/40. If he finds the right investor to start a label with he will get it crackin. He didnt sign all of those artists that flopped on defjam, most were already there. He got an ear for whats hot so if he handpicks his roster it will be movin units regaurdless. I'd be willing to bet that hes just waiting to find the ideal partner to form a camp with.
As much as I dont like his music, 50 cent = business genius. Stealing the only marketable artist that irv gotti has left will completely bury that cock roach. Not to mention solidify the victory of the most economically successful revenge story/ takeover in hip-hop history. Murder ink used to blackball 50 cent and tried there hardest to keep him out of the industry. At one point they were the biggest name in the game and kept door after door locked shut so he couldnt get on. For him to rise out of the ashes of a total carreer shut down and come back like the count of monte cristo is fucking amazing. He has a passion for not letting them niggas eat and he is a prime example of somebody who refused to give up no matter what the cost. What a fucking nail in the coffin it would be for him to snatch up ashanti.
im not sure if lloyd is still signed 2 the inc but if he is then shez not the incs only marketable artist... but other than that good points!!
i c the bitch ass niggas have come inside 2 play trashin everybody comments
Cuz...dey on dey lil boi...while u on yo GROWN MANN!!!
G-unit said the Full court basketball comment about KELIS not Ashanti
Yeah, I'd go with Apple.... if that rumor is true and it was actually offered....... because you know he;d be the king of itunes... apple would make sure of that.
kind of true. but you cant make someone the king of itunes. i'd go with Warner. i mean correct me if im wrong (which im probably wrong) who has had a bad history with Warner?
besides Jay-z is the G.O.A.T. until someone could change that. forget it.
Jay is n tha billionaire club and is a REAL ILL artist. I just hope he dont put out any garbage ass rappers. As far as Ashanti goes shes still fine an she needs to talk to irv a dead tha beef. Cuz i sure as hell no dat talkin 50 snitch ass is a mistake. come on now u had to of seen wat he did 2 paris goffy ass. Stay wit murda inc. G-Unit is almost.. IS garbage. 50 is robbin tha rest of them.
dat nigga fifty is crazy. and dat nigga jay-z is about to hit billionaire club
Jay's track record as an exec hasn't been too sterling. It's kinda like Isaiah Thomas trying to coach, Hall of Famers should just retire quietly and stop trying to do too much
jay gettin closer to the billi
Ashanti ain't gonna do nothin over at G-unit anyway. Who sells records on G-unit other than 50? she'll be the next Olivia. 50's got them cats over there starrrrrrrvin, while he's in Connecticut eating Lobster and Steak. hahaaaaa
It's just a rumor Jay got rocafella and THE SNITCH 50 GOT MS. CIARA
50 aint doin tha same shit he clowned ja for!!
JA WAS ON ASHANI'S NUTZZ...50 AINT!
50 TRYIN 2 MAKE MORE MONEY OUT THA SITUATION......
AN WHEN JA SINGZZ HE HITZ NOTEZ LMAO
50 DNT
Hands down the best rapper/business man or our era