Jay-Z is reportedly hooked up with Norwegian music production house StarGate, to form a new record label. Called StarRoc, the new label is said to mark Jay-Z's global power move in the music industry.
No statement is available to confirm the issue. However, the gossip continues floating in the media with a saying that duo powerhouse StarGate producers, Tor Erik Hermansen and Mikkel S. Eriksen, have reportedly relocated their production studio to Jay-Z's Roc The Mic Studios as part of launching the new company.
Additionally, this year, Jay-Z will compete with Lil Wayne, Kanye West, Nas, and T.I. in Lyricist of the Year at BET Hip Hop Awards. He will also face a stiff competition in the category of Best Live Performer with Busta Rhymes, Lil Wayne, T.I., and Kanye. The winners of the annual event will be announced on October 18.