EFI Posted July 15, 2007 Share Posted July 15, 2007 To conjure up another twist to Apple's ever increasing success, rumors have been flying that Apple has sought to create a new record label which features Jay-Z, as well as Beyonce. From the past, Jay-Z has been with Def Jam Recordings, which is a record label wholly owned by Universal Music. Beyonce has been with Sony Music. Moli.com (link to article) has been reported that this deal is done, as told from "an industry inside source". Note - the text could not be quoted from the link as it was not selectable, hence why only the link was provided. Detailed quote from Mac Rumors.com - Link 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. Whether this has anything to do with the recent Universal Music's ("only renewing catalog with iTunes on a monthly basis rumor") proceedings with iTunes is still speculative at this point. Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/ Share on other sites More sharing options...
SurferSD Posted July 16, 2007 Share Posted July 16, 2007 I do enjoy the news... but am I the only one wondering why this appeared on InsanelyMac's front page news? This is Apple related news I would expect to see on other Mac sites... Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-409318 Share on other sites More sharing options...
EFI Posted July 16, 2007 Author Share Posted July 16, 2007 I do enjoy the news... but am I the only one wondering why this appeared on InsanelyMac's front page news? This is Apple related news I would expect to see on other Mac sites... InsanelyMac.com is not just only for OSX86 related news. We have full discussions on actual Apple products, the original OS X, and on Apple in general. So it would be essential to provide news not only related to the OSX86 project, however on Apple in general as well. Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-409327 Share on other sites More sharing options...
Urbz Posted July 16, 2007 Share Posted July 16, 2007 i think this is 100% legit. Look at what Sony has been able to do all these years because they control the content. I could imagine Apple attracting many, many artists with a business model that allows for more freedom for the artists themselves, and maybe less pressure from corporate. Very smart move. Apple, it is clear, has a serious thirst for power, and this is a great way to gain some more. So the discussion must begin: Is Apple growing too fast, to quickly? Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-409476 Share on other sites More sharing options...
CyBrian Posted July 17, 2007 Share Posted July 17, 2007 welcome back, apple corps lawsuits. when you consider that apple corporations is a record label and apple incorporated may become a record label... that's like the ultimate trademark infringement Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-410016 Share on other sites More sharing options...
Soündless Posted July 17, 2007 Share Posted July 17, 2007 apple and apple already fought about that Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-410019 Share on other sites More sharing options...
Suzuka Posted July 17, 2007 Share Posted July 17, 2007 Other than being a horrable idea, couldn't they try and get some decent artists? Link to comment https://www.insanelymac.com/forum/topic/57211-jay-z-beyonce-and-steve-jobs/#findComment-410156 Share on other sites More sharing options...
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