Jay-Z Making Serious Moves

Numerous news outlets and blogs recently reported that Rap Superstar and power mogul Shawn Carter, best known to music world as Jay-Z, is vey close to having a new record label with either Warner Music Group or Sony Music. The mastermind behind the once powerhouse Roc-A-Fella Records and popular urban fashion brand, Rocawear, has been taking meetings with Executives at both companies, but nothing has been confirmed. If Hov lands a new situation, this could certainly make him not just a power player in hip-hop, but the entertainment world.

In other news, congrats to Hov for buying out his own contract from Def Jam Records and owning the rights to his masters!

(Pictured below): Jay-Z and Beyonce chilling in London. On Hov's feet, Adidas Superstar II.

Photo Source: Mrs Grapevine