.

Conflicting Reports Claim Jay-Z Close to New Record Deal

May 28, 2009 5:56 PM ET

Now that Jay-Z and his Auto-Tune-less Blueprint 3 are on the market — Jay bought out the remainder of his Island Def Jam contract — a pair of major labels are reportedly fighting it out to nab him and the new LP, with conflicting sources insisting that both Warner Music Group and Sony Music are close to a deal.

According to Billboard, a distribution deal between Jay-Z's Roc Nation — the product of the rapper's 360 contract with Live Nation — and Sony Music's Epic Records is "95% complete," a source involved with the negotiations said. Some factors that make it seem like Jigga is Sony-bound are that his close friend Rick Rubin is the co-chairman of Sony's Columbia Records, Sony CEO Howard Stringer and Roc Nation partner Jay Brown have been seen dining together in New York and Los Angeles and Roc Nation artist Amanda Ghost doubles as the President of Epic Records. Also, one small detail: his wife Beyoncé is signed to Colombia Records.

However, the New York Daily News tells a different story. The newspaper reports that Jay-Z is in secret talks with Warner Music Group's Vice President Lyor Cohen and Executive Vice President Kevin Liles — the rapper's former managers — about possibly signing with the label's Atlantic Records. According to the NYDN, that deal could include Jay-Z getting his own record label under the WMG umbrella, dubbed Carter Music Group. "Jay knows Lyor and Kevin from back when they all worked together at Def Jam, and he obviously wants to work something out with his friends," the "insider" told the Daily News. "He wants to get the dream team back together."

Neither Roc Nation nor both major labels commented on the reports. This all sounds like textbook "bidding war" to Rock Daily, but it'll be interesting to see which option Jay-Z will choose, if any.

Related Stories:

Kanye West Nixes Auto-Tune on Jay-Z's "Blueprint 3," Talks Book
Z Buys Out Def Jam Contract, "Blueprint 3" Heads to Roc Nation

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here

prev
Music Main Next
Daily Newsletter

Get the latest RS news in your inbox.

Sign up to receive the Rolling Stone newsletter and special offers from RS and its
marketing partners.

X

We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.

Song Stories

“Road to Nowhere”

Talking Heads | 1985

A cappella harmonies give way to an a fuller arrangement blending pop and electro-disco on "Road to Nowhere," but the theme remains constant: We're on an eternal journey to an undefined destination. The song vaulted back into the news a quarter century after it was a hit when Gov. Charlie Crist used it in his unsuccessful 2010 campaign for the U.S. Senate in Florida. "It's this little ditty about how there's no order and no plan and no scheme to life and death and it doesn't mean anything, but it's all right," Byrne said with a chuckle.

More Song Stories entries »
 
www.expandtheroom.com