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Of course, with all the business deals that Jay-z has been doing it’s only natural that people speculate on his every move. It was being rumored a little while ago that Jay-Z would be making some kind of negotiation with Sony Music Entertainment, and it has since been confirmed as true by Jay himself.
The rap mogul/businessman told Billboard of the deal, "Sony is Roc Nation. That’s where Roc Nation’s going through."
He was asked about the distribution deal he made with Atlantic Records for his album, “The Blueprint 3” but Hova says that it was just a one-time thing, solely for his album.
He explains, “That’s pretty much just for this specific album. Roc Nation — we’re experts in marketing and making records. But we do distribution deals," he explained. "On this one, we’re working directly with the Atlantic staff, which is Julie [Greenwald], Lyor [Cohen], Kevin [Liles] and Kyse [Mike Kyser]. For the rest of the Roc Nation artists, we did a distribution deal with Sony."
You can expect to see Jay’s album in stores on September 11th of this year. This man makes so many business deals! He seems to know what he’s doing because the man is wealthy!
Image: Bauer-Griffin