On November 10th’s “Late Night With Carson Daly” Jay-Z addressed everything from R. Kelly to his future and possible collaboration with Dr. Dre. Jay noted that he didn’t see the tour with R. Kelly as a competition but felt differently after the tour was halted.

“Everything was supposed to be, you do the best at what you do, I do the best at what I do,” said Jay. “Now that everything has come to fruition, I see it was a competition.”

He also said that his counterpart’s legal troubles were the main reason the initial collaboration failed.

“I was like let’s fall back from this project because real life comes before entertainment,” he said of their first project.

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Even though Jay has been in “retirement”, he didn’t mind addressing the possibility of a future collaboration with the good doctor himself…Dr. Dre.

“I [saw] Dre in L.A. one time and we just talked about how magical that would be,” said Jay-Z. “I don’t know how that spread so far, but it really went a long way.”

Hov also chastised how the record industry puts the business before the music and went on to discuss the possibility of him joining the Def Jam family.

“My whole thing is to get in place where I can put the focus back on artistry, put the music first,” he stated.

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No word on how true these speculations are, but be sure that we’ll keep you posted.