Jay-Z forms new superstar record label, StarRoc
With his controversial appearance at Glastonbury still ringing in Noel Gallagher's ears, Jay-Z is looking to pull off the biggest deal in hip-hop by launching his own record label, StarRoc.
For the label, which will be part of Jay-Z's massive $150 million 360 deal with Live Nation, the rapper is teaming with the Norwegian production duo Stargate, and according to sources, superstars are already in talks to jump on board.
"Jay-Z is probably the only person in music that could put together the financing to make signing talent of that calibre possible," said a source. "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 new label will make its headquarters at Hova's Roc The Mic recording studio in Manhattan, and will both release new Jay-Z albums as well as develop new talent. Under the terms of StarRoc, the label is a 50/50 partnership between Jay-Z and Stargate.
But what about solo Noel Gallagher? And what of Ojayzis? Surely they deserve a home, don't they? Stay tuned.