thomas fitzgerald.net

From The Boy Genius Report…

“This one’s been floating around like a hot air balloon, but we’ve just about confirmed it. For those that don’t know, Jay-Z left Def Jam as President last month, and everyone’s been talking about where he’s heading. While this might be one of his many other venutures, we just heard that Jay-Z is launching a record label with Apple. “

If this turns out to be true this will be a bombshell of nuclear proportions, and might finally force the other record labels into some degree of modernity. Of course, it could be complete nonsense too. Expect Apple stock to skyrocket after macworld if this is announced at the show.