Rumor says Apple + Jay-z = New Record Label

Its a new year and it is time to let the hearsay out. Here Goes:
Rumor has it that Apple will be partnering with Sean Carter (Jay-Z) to start a new record company. Fresh off his mixed success as president of Def Jam, the Jigga-man has been snagged by Apple (according to sources) to head up a label that cuts out the middle man (a.k.a. the major record label).
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