| Jay-Z Gets Ownership Of His Masters
Jay-Z confirmed that as part of the deal to become President of Def Jam Records he obtained complete ownership of his masters.
On a recent radio interview with DJ Funk Master Flex Jay-Z confirmed that ownership of masters played a major part in his decision to take the job even more so than the salary. On his reasoning behind taking the President seat at Def Jam, Jay-Z stated:
"Thats like a change in your lifestyle to be inside a structure, thats my first job... I said at the end of the day my things was, you know, if you plan to be successful and make alot of money, the difference and im just saying a number, the difference between 80 million and 100 million is not a difference in your life, it's not gonna change your life either way, so I just had to say at the end of the day if I had a kid, or even if I dont have a kid and my nephews, I could say here heres your uncles, or your pops whole career, and thats the thing that threw it over for me."
- Nobody Smiling | |
