Post by The Big PINK One♥ on Apr 18, 2007 16:59:41 GMT -5
"Oh Ok Bee, You Want A Label, I'll Give You a Label!"
If I was confused before, Im REALLY confused now!!!
Rumors have been circulating about Jay-Z and Beyonce getting married but the duo may have another partnership in the works. According to mediatakeout.com, Jay-Z will soon announce that he’s leaving his position at Def Jam to create a new label with Beyonce.
According to mediatakeout.com, a key person involved with the new label has said that it will launch early next year.
“It’s a done deal. Jay-Z already has Beyonce and Matthew Knowles on board,” said the source. “She’ll be finishing up her contract [with Sony], and I expect that she’ll sign on to the new label shortly afterwards.”
Beyonce is scheduled to complete her final album under a deal with Sony this fall. The final of her three albums of the deal (B'Day and B'Day Deluxe) will be a live album.
It’s not clear which major label will house the new label but the insider says it’s not going to be Island Def Jam.
“Jay-Z brought the idea to Def Jam first but they thought he was asking for too much money,” said the source. “Now they’re shopping the deal around to the other majors and to Apple [the creator of iTunes] who is very interested in doing business.
The insider also says the prospect of Jay-Z and Beyonce starting their own label has the people over at Def Jam terrified however, this story is still developing.
This would sound like a great idea coming from Jay-Z since Beyonce is such a hot commodity, but what upgrade will Bee get out of this?? I mean lets back track a bit, Jay has dealt with Foxy Brown, where is she now? He signed Tieara Mari, where is she now? (Can you say one hit wonder for that one), Rihanna- Im still tryna figure this one out!!, Megan Rochell has yet to drop anything still... the best thing to come out of Def Jam since Jay-Z ran it was NE-YO, Rick Ross (which is so-so) & Kanye West!
As for the two of them running their own record label, It may sound great, but what does Beyonce know about artist development & using time to create a masterpiece when she recorded B'day in like a week? Im not to sure about this venture IF ITS TRUE.
