Alloy.com
Thu Mar 20, 2008
Can I Get A...Record Label? Nope!
Photo: Kambouris/WireImage

Who says no to the Jigga Man? A lot of people apparently! Jay-Z, who recently left his position as prez of Def Jam Records, can't find a home for his vanity record label because he's asking "way too much," an insider tells Page Six. "He wants a label to give him $100 million for the Carter Music Group and provide for overhead, development and digital investment. It's crazy. He wants the labels to basically be his venture capital fund -- but unlike a venture cap, they won't get 50 percent. This is not the '90s anymore." Hmm, sounds like Jay's got 100 problems now.

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