Nilly_Chipples
10-26-2004, 04:17 PM
Source: Myway.com (http://www.myway.com)
By ALEX VEIGA
Oct 26, 5:03 PM (ET)
LOS ANGELES (AP) - Jay-Z is in final negotiations to become president of Universal Music Group's Island Def Jam label, a source familiar with the negotiations said Tuesday.
Discussions with the superstar rapper, whose real name is Shawn Carter, have been going on for weeks. Barring any last-minute snags, a deal should be finalized within seven to 10 days, according to the source, who spoke on condition of anonymity.
Since his first album in 1996, Jay-Z has achieved string of radio hits, platinum albums and critical respect. After cranking out an album every year, Jay-Z released "The Black Album" in 2003 and declared he was retiring from recording. He still remains a major concert draw and is currently touring with R&B superstar R. Kelly.
Full Story Here. (http://apnews.myway.com//article/20041026/D85VBNEO1.html)
Edit** Validated by FW
By ALEX VEIGA
Oct 26, 5:03 PM (ET)
LOS ANGELES (AP) - Jay-Z is in final negotiations to become president of Universal Music Group's Island Def Jam label, a source familiar with the negotiations said Tuesday.
Discussions with the superstar rapper, whose real name is Shawn Carter, have been going on for weeks. Barring any last-minute snags, a deal should be finalized within seven to 10 days, according to the source, who spoke on condition of anonymity.
Since his first album in 1996, Jay-Z has achieved string of radio hits, platinum albums and critical respect. After cranking out an album every year, Jay-Z released "The Black Album" in 2003 and declared he was retiring from recording. He still remains a major concert draw and is currently touring with R&B superstar R. Kelly.
Full Story Here. (http://apnews.myway.com//article/20041026/D85VBNEO1.html)
Edit** Validated by FW