Jigga is making serious paper making moves. Not only is he going on tour, He’s also thinking about opening up his own label:
Now we hear Jay has been huddling with 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.” NY Daily News
More Business Moves – (more…)