Jay Z and investor group to purchase Hot 97?


"Jay Z and investor group to purchase Hot 97?"

jay

In a move that only real bosses could pull off, MediaTakeout.com has heard from a “rock solid” source that there is a group of investors which include Jay-Z and Carmelo Anthony.  The “Home of Hiphop” which was the number one market in New York, has seen its stock fall in recent years.  With the departure of the much beloved Angie Martinez to rival Power 105, it’s no surprise that they are probably in some financial trouble.

What do you think? If this goes through, is Funk Master Flex out of a job?