Ever since rapper turned entrepreneur Jay-Z[click to read] left his position as president of Def Jam[click to read] the rumor mill has been buzzing regarding what’s next for the Brooklyn native.
But a source revealed to the Daily News this week that a deal with Warner Music Group may be in the works for Jay-Z.
If Jay-Z were to join Warner Music Group he would be working alongside Hip Hop business moguls Lyor Cohen and Kevin Liles. Jay-Z has allegedly been meeting with Cohen and Liles to discuss his potential future at Warner.
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“Jay knows Lyor and Kevin from back when they all worked together at Def Jam, and he obviously wants to work something out with his friends,” the source told the Daily News. “He wants to get the dream team back together. There have been a few whiffs of a reunion in the past, but only now – and very privately – is something finally starting to happen.”
There has also been talk of Jay-Z starting his own label at Warner Music Group.
“This is big in Hip Hop,” the source explained. “These are three of the most powerful men in music, who might be working together, and there’s no question the success they’ll have as a team will be huge.”
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Neither Jay-Z or any representative from Warner Music Group have responded to the claims.
