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Jay-Z and Apple Starting a Record Label?

Jay-Z Joining Apple
With MacWorld quickly approaching, it's time to let those Apple rumors fly. This one is a little more interesting than your standard ultra-portable MacBooks and new iPod rumors. The newest bit of hearsay is that Apple may be partnering with none other than Mr. Sean Carter himself, J-Hova, or as he's more commonly known, Jay-Z, to start 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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