Rumor Mill: Jay Z to Purchase Hot 97

Jay Z hot 97

Jay Z is reportedly in negotiations to purchase New York’s radio station, Hot 97. was the first to dish this information following Funkmaster Flex’s surprise rant about a beef he had with Beyonce’s hubby and his Life & Times website. And according to MTO’s “rock solid source” the beef was probably ignited after Flex heard of the new merger his job and Jay are gearing towards.

According to MTO:

“Shawn “Jay Z” Carter along with a group of investors that includes NY Knicks star Carmelo Anthony are currently NEGOTIATING TO BUY Hot 97 radio station. Talks are still early, but we’re told that both sides have HIRED LAWYERS and INVESTMENT BANKERS – and are serious in getting a deal done.”

WQHT Hot 97 is currently owned by Emmis Communications and is one of its flagship radio properties.

Stay tuned to get further confirmation in regards to this

Follow #CelebEdition on Twitter and Instagram. Like us on Facebook!


Celeb Edition strives to be different and keep you informed on all celebrity News while keeping you entertained with original contents. We are your industry Black Book.

No Comments Yet

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>