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Sunday, March 23, 2008 | 7:05pm
JAY-Z Hunts For a Record Deal: Are His Demands Too High?
Hov pulls his best A-Rod Impression
According to the New York Post’s Page Six, Jay-Z has shopping around for a landing strip for his Carter Music Group. According to an insider, Jay is demanding ”way too much” for any label to meet.
“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.”
Sounds very much like the Alex Rodriguez situation. Obviously Jay is the most valuable comodity in the Hip Hop game today so he should be able to write his own check however the reality is that the market can’t support his worth especially with how bad the music industry has been doing lately.
FILED IN Business & Marketing, Music
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big up a rod
eff A-Rod. I hope he breaks his leg….both of them.
yes we all need haters, hate on
Jay should team up with other rappers and start a Hip-Hop lable. Forget the large lables and do it yourself…..that’s my motto.
to this day I’m not convinced Jay-Z is a good business man. He hasn’t shown the ability to sell anything other than himself over the years. And unless he plans on being the only artist on his label (which actually might not be a bad idea), he needs to conduct himself that any venture he starts up and a very high chance of losing a lot of money. Can’t blame the guy for tryin’ though. Aim high Jigga!
Its the nature of the business I belive Evorgleb. 50 is a great business person too…sells his music but can’t really do numbers with his other acts. Dr. Dre?, Fat Joe? The list goes on only the figurehead can really sell. Hip Hop is dead not because the music is wack its cause her mother, MUSIC is dead also.
A-Rod haters…beautiful! Hov is a true business man start high and let them haggle down. I can’t blame him for his attempt. Grab those checks Hovito!