Posted by Bossip Staff
Here is report from Rush and Malloy via NY Daily News on Jay-Z:
Now we hear Jay has been huddling with Reid’s rival, Warner Music Group head Lyor Cohen, to talk about starting his own label – tentatively called the Carter Music Group. (Jay’s real name is Aaron Carter.)
“The reason Jay left Def Jam was less about money than about freedom. He didn’t want to come to the office every day. And he had so many outside projects – his chain of 40/40 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.”
Isn’t Aaron Carter the little Backstreet Boys’ brother? SMH.