May 31, 2016  

Confirmed, Jay-Z Forms New Label With StarGate

September 27, 2008 (4:56 am) GMT
Confirming that he forms a new recording company with StarGate, Jay-Z is reportedly approaching Janet Jackson to join his new label.

has announced that he indeed has a side project of creating a recording company with Norwegian producers StarGate. Both parties issue a statement, saying, "the focus is to find new talent and develop artists through mutually beneficial global partnerships which include music distribution, publishing, touring and merchandising."

Furthermore, speaking of the new label, which is called StarRoc Music Publishing, a source reveals that the rapper wants to sign , , , and to his new recording company. "Jay Z approached 50 Cent earlier this year and now he's talking to Janet and Jermaine Dupri... It seems like a difficult task to get so many big artists under one roof, but I wouldn't put anything past [Jay Z]," the source says.

The new label is also reportedly linked to a multi-million dollar contract with concert promoters Live Nation. If the rumor is true, the new division from the company, which is based in the Big Apple, will have access to manage their artists' diverse rights, such as expanding their fan bases and providing a direct connection to fans through Live Nation's established distribution as well as marketing channels.

More Jay-Z News

TODAY'S HEADLINES

  1. 'Shield' Actor Michael Jace Convicted of Second-Degree Murder for Shooting His Wife
  2. First Look at Harry, Ginny and Albus in 'Harry Potter and the Cursed Child'
  3. Mark Salling Fired From 'Gods and Secrets' After Indicted for Child Pornography
  4. Emilia Clarke Wants to Be the First Female James Bond With This Hunk as Her Bond 'Boy'
  5. Johnny Depp Wasn't Even Near Amber Heard When He Allegedly Hit Her, Witnesses Say
  6. Is Olivia Culpo Dating Danny Amendola? Here's the Proof
  7. Brad Pitt Reportedly Worries About 'Anorexic' and 'Fragile' Angelina Jolie
  8. Dan Aykroyd on Why 'Ghostbusters' Reboot Is Worth Watching: It Has More Laughs and More Scares