Ali's Basement

Jay-Z, Beyonce, and Steve Jobs: How’s that for a power trio?
An inside industry source recently told MOLI that it’s a done deal: Hip Hop and R&B’s top couple will move to Apple to run a new music division. It sounds rather incredible: Carter’s already got a pretty good job, running Def Jam, and Jobs may be too smart to get into the tanking recording business (as others have said). Of course, if it is true, my guess is this would be a new, revamped record biz, one based on digital distribution, not boring old physical products. It certainly speaks volumes about the state of the culture industry, if two artists who have been served well by the current way of doing business are willing to jump ship. Spokespeople for Apple, Shawn Carter, and Def Jam did not return requests for comments.

~ by alisbasement on July 16, 2007.