
There's been alot of speculative rumors swirling around about Jay’s Def Jam contract buyout, and these were Jay's most recent words on the subject...
Jay-Z says:
“I can honestly say, working with Doug Morris and LA Reid has been a unique and fulfilling experience and I respect them immensely. I’ve been in the family for almost my entire career. Doug and I spoke directly and had one of the most unique “negotiations” ever. Doug won the toss but, we both won in the end. I thank him for allowing me to be a completely independent artist. Not every artist can say they own or are given the opportunity to own all of their music.”
It appears Jigga is ready to move on and build an empire with his new Roc Nation label over at Live Nation. So there is a great chance his eagerly awaited album “The Blueprint 3” will be his debut LP on the Roc Nation venture. Jay has also been busy signing acts to the new ROC…key signings so far include up and coming rappers J. Cole, Mikey Factz and British Pop girl group SugaBabes. Rumors are also saying that Jay might sign State Property to the new Roc with all the original members reunited.
We’ll see what happens...either way, Congrats to Shawn Carter...
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