Seem like the boy Hov is getting too greedy as each day passes. NY Post’s Page Six is reporting that Shawn Carter is shopping around his Carter Music Group for a whopping 100 Million Dollars. Here’s what Page six had to say.
JAY-Z wants his own label, but can’t find a home for it. Jay-Z, who left his position as president of Def Jam to be an entrepreneur last year, 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.” A rep for Jay-Z, who is branching out into hotels and bars, called this account “rumors.”
Like really Hov, what artists are you promising to make this flip investment….Bleek, Beans, Freeway and Tru Life. I mean I like those dudes but let’s be real.
Spotted @ Pardon Me Duke
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