Jay-Z and Apple Starting a Record Label?

Fresh off his mixed success as president of Def Jam, the Jigga-man has been snagged by Apple (according to sources) to head up a label that cuts out the middle man (a.k.a. the major record label). Having an in-house label would likely boost Apple's profits from sales of digital content. That digital content, of course, sells iPods, iPhones, and (fictionally) iTVs. GIven all that, this rumor is as sensible as it is odd.
Lets just hope the announcement is made via a performance of 'Takeover' featuring Steve Jobs.
From Engadget
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Reader Comments (Page 1 of 1)
Ktntony @ Jan 3rd 2008 2:32PM
What a huge step for Gray-Hova if it comes to pass. That would end up being a huge company!!
Jeff @ Jan 7th 2008 12:33PM
Not feeling jigga man,seems like he's jumping ship and leaving this freinds behind to sink.
Mac @ Jan 29th 2008 9:46AM
Yooo this is a big step. Maybe ill get signed...
www.myspace.com/mcomflows
^peep it