Posted by Bossip Staff
Hov is asking for stacks upon stacks upon stacks for his label:
Jay-Z is apparently asking “way too much,” an insider said. “He wants a label to give him $100 million for the Carter Music Group and provide for overhead, development and digital investment. It’s crazy. He wants the labels to basically be his venture capital fund — but unlike a venture cap, they won’t get 50 percent. This is not the ’90s anymore.” A rep for Jay-Z, who is branching out into hotels and bars, called this account “rumors.”
Sounds a bit much Jigga, especially for a label that will most likely do all of its artists dirty.