Apple to Start Record Label with Jay-Z and Beyonce?

Starting in April 2007 there were rumors from MediaTakeOut that rapper Jay-Z was leaving the Def Jam Recordings record label to create a new "super label" with singer Beyonce.

In an exclusive interview, MediaTakeOut.com spoke to a key person involved in creating the new label. And according to that insider, the new label will launch early next year. Tells our insider, "It's a done deal. [Jay Z] already has Beyonce and [Mathew Knowles] on board ... She'll be finishing up her contract [with Sony], and I expect that she'll sign on to the new label shortly afterwards."

Jay-Z is a popular rapper and current president and CEO of Def Jam -- a record label owned by Universal Music.

At the time, Jay-Z was reportedly shopping this new "super label" around with the major record labels "and to Apple - who [was] very interested in doing business".

Now, Moli.com is claiming that "an inside industry source" says that its a done deal.

[Jay-Z and Beyonce] will move to Apple to run a new music division. It sounds rather incredible: [Jay-Z's] already got a pretty good job, running Def Jam, and [Steve] Jobs may be too smart to get into the tanking recording business (as others have said). Of course, if it is true, my guess is this would be a new, revamped record biz, one based on digital distribution, not boring old physical products.

Coincidentally, Universal Music recently let their long term contract lapse with Apple for iTunes music distribution and have gone on a short term "at will" distribution deal.

The reliability of these sites is unknown, but published for interest as well as due to the existance of a historical rumor trail.

Readers should remember that Apple and Apple Corps previously settled giving Apple, Inc. ownership of all trademarks related to "Apple", which would pave the way for Apple to pursue this sort of deal.

Related Forum: Mac Apps

Popular Stories

iPhone 15 Pro FineWoven

Apple Reportedly Stops Production of FineWoven Accessories

Sunday April 21, 2024 6:03 am PDT by
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
Provenance Emulator

PlayStation and SEGA Emulator for iPhone and Apple TV Coming to App Store [Updated]

Friday April 19, 2024 8:29 am PDT by
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, GameCube, Wii,...
iOS 17 All New Features Thumb

iOS 17.5 Will Add These New Features to Your iPhone

Sunday April 21, 2024 3:00 am PDT by
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
apple vision pro orange

Apple Vision Pro Customer Interest Dying Down at Some Retail Stores

Monday April 22, 2024 2:12 am PDT by
Apple Vision Pro, Apple's $3,500 spatial computing device, appears to be following a pattern familiar to the AR/VR headset industry – initial enthusiasm giving way to a significant dip in sustained interest and usage. Since its debut in the U.S. in February 2024, excitement for the Apple Vision Pro has noticeably cooled, according to Bloomberg's Mark Gurman. Writing in his latest Power On...
top stories 20apr2024

Top Stories: Nintendo Emulators on App Store, Two New iOS 17 Features, and More

Saturday April 20, 2024 6:00 am PDT by
It was a big week for retro gaming fans, as iPhone users are starting to reap the rewards of Apple's recent change to allow retro game emulators on the App Store. This week also saw a new iOS 17.5 beta that will support web-based app distribution in the EU, the debut of the first hotels to allow for direct AirPlay streaming to room TVs, a fresh rumor about the impending iPad Air update, and...