Thursday, March 20, 2008
Jay-Z wants all the money for his new label:
Jay-Z is apparently asking “way too much,” an insider said. “He wants a label to give him $100 million for the Carter Music Group and provide for overhead, development and digital investment. It’s crazy. He wants the labels to basically be his venture capital fund — but unlike a venture cap, they won’t get 50 percent. This is not the ’90s anymore.”
Ummm ok I know all about the "aim-high, settle for less" strategy Hov but c'mon Jigga! Who are you gonna sign? Chris n Lil Neefy?? Freeway?