February 28, 2017  

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.
Jay-Z

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. Halle Berry Skinny-Dipping in the Night After Oscars. Watch the Video!
  2. Courtney Stodden Exposes Her Nipple in Racy Corset Dress While Attending Oscars Party
  3. Nicki Minaj Wears Skimpy Bodysuit on Set of New Music Video
  4. 'Biggest Loser' Trainer Bob Harper's Back at Home After Suffering Heart Attack: 'I'm Feeling Better'
  5. Here's Why Jennifer Aniston's Oscars Gown Looks Familiar: It Was First Worn by Jennifer Lopez
  6. Mahershala Ali to Play Two Roles in 'Alita: Battle Angel'
  7. 'Guardians of the Galaxy Vol. 2': Drax Annoys the Gang in New Trailer Preview
  8. Katy Perry Accidentally Flashes Her Bare Butt as She Reunites With Orlando Bloom at Oscars Party