| mercoledì, gennaio 25, 2006 |
| Jay-Z and Nas: It's Official |
Cam'ron who??? Since Cam released his diss track about Jay-Z, President Carter has been going on with business as usual. According to MTV, Nas has signed with Jay-Z.According to The New York Times, the long-rumored deal bringing Nas to the Jay-Z lead Def Jam Recordings label has been completed, turning the former foes into business partners. Though Sony and Def Jam representatives would not comment on the story, the Times quoted unnamed sources describing a scheme that would have Nas' longtime label, Sony Music, and Def Jam split the profits, or any losses, from Nas' next two albums.The Times reports that Jay-Z, president of Def Jam, has agreed to have his label pay the cost of producing and marketing the albums and then divide the profits with Sony after expenses are recovered. The labels will work together to plan and execute the marketing campaigns for the records. The deal pays Nas around $3 million, including a recording budget, for each of the two albums, and has a clause providing for two additional albums for Def Jam.Why focus on a childish beef when you can make "grown-man" decCam'ron who??? Since Cam released his diss track about Jay-Z, President Carter has been going on with business as usual. According to MTV, Nas has signed with Jay-Z.According to The New York Times, the long-rumored deal bringing Nas to the Jay-Z lead Def Jam Recordings label has been completed, turning the former foes into business partners. Though Sony and Def Jam representatives would not comment on the story, the Times quoted unnamed sources describing a scheme that would have Nas' longtime label, Sony Music, and Def Jam split the profits, or any losses, from Nas' next two albums.The Times reports that Jay-Z, president of Def Jam, has agreed to have his label pay the cost of producing and marketing the albums and then divide the profits with Sony after expenses are recovered. The labels will work together to plan and execute the marketing campaigns for the records. The deal pays Nas around $3 million, including a recording budget, for each of the two albums, and has a clause providing for two additional albums for Def Jam.Why focus on a childish beef when you can make "grown-man" decisions that will go down in hip-hop history???isions that will go down in hip-hop history??? |
posted by 00157roma @ 14:24   |
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