Jay Z Reportedly Targeting Hot 97 Purchase

    Jay Z is reportedly part of a group in negotiations to purchase New York radio station Hot 97, according to a MediaTakeOut.com report published yesterday (January 18).

    “According to a ROCK SOLID SOURCE – 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,” Mediatakeout.com reports. “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.”

    Hot 97, home of Ebro, Peter Rosenberg, Miss Info and Funkmaster Flex, is considered one of Hip Hop’s legacy radio stations. Last week, Funkmaster Flex ranted against Jay Z.

    “A couple years ago, I dropped that DJ Funk Flex app,” Funkmaster Flex said. “I get an email from a writer at Life + Times, the website. They want to talk to me about my digital involvement and write a story. First of all, I salute the young man who wrote the story. I appreciate the love, but bruh I’mma tell you something. I peeped back then when they was using a writer outside that did not work for the website. And that website is trash by the way. And I figured I’d say that trash so you take me serious on where I’m going. They do this interview after I drop my app. Asking me a lot of key questions about apps, building apps, how, why, how’d you launch it. But all of that didn’t get put in the story though. A lot of that information got put into that new Jay Z app.”

    If the reported deal goes through, Jay would be Flex’s boss.

    Miss Info also weighed in on the situation between Flex and Jay.

    “Would give up 2 toes to have a few yrs of that uber selfconfidence that @DJFunkFlex has figure 34 yrs would be enough #nobigtoestho, ” MissInfo says on Twitter. “ Just wonder what that feels like zero selfdoubt or hesitating? SO freeing! Then again there those pesky consequences for us little people lol…socially the lines are so intertwined theres no way for real beef thankfully so much shared Roc Nation family its entertainment.”

    Over the weekend, Funkmaster Flex further elucidated on his decision to speak out on Jay Z.

    “I can have my opinion bruh because look, when you address a rapper, I’ma give you what you do: you wait for a hot song to come out, you jump on the remix, and then you throw a shot,” Flex says. “Which I respect by the way. If you ever plan on taking a shot like that at me or any sublim, I will be on this radio every day going at you. I just want you to understand, just ’cause I’m talking a little lower bro, that’s what it is.”

    For additional Jay Z coverage, watch the following DX Daily:

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    37 thoughts on “Jay Z Reportedly Targeting Hot 97 Purchase

      1. and who the hell are you? Yep, a pee-on that says the same shit about every writer here. Well, I got this job and you sit on the computer masturbating to beastiality videos.

      2. Whether or not this is actually Mitchell responding, this “article” is dumb as all fuck. A journalist would ask this simple question: “Who actually owns Hot 97 to sell it?” Emmis owns Hot 97, what used to be Kiss FM (which is now ESPN Radio in this area), WLIB and WBLS. WTF, would they sell a portion of that block? Look at how they are positioned. You’re stupid for even repeating this story anywhere and damn near irresponsible for posting here. To put it plainly, you guys are a bunch of cunts.

        At best this is click bait, so I made sure that my ad-block is on and the tracking pixel was blocked. Hell, I even routed my IP address so that it would be in NY. This entire fucking site is joke.

    1. haha. A rumor started by internet MEMES makes HIPHOPDX and Mediatakeout as a story with credible sources. #WhyHipHopSucksIn2015

    2. Mitch! My dude! If they are paying you for these articles……save every penny and enroll in journalism school….please…..this isn’t an article its a mess!

      1. FLEX IS SUCH A SELLOUT. JAY PAID HIM LIKE 50K TO PLAY HIS MUSIC WHEN REASONABLE DOUBT CAME OUT. FLEX JUMPED ON HIS DICK ONCE JAY Z EVENTUALLY BLEW UP. I WISH THE STREETSWEEPER WAS STILL OUT. HE USED TO CONSISTENTLY SONN WACK ASS FLEX.

    3. Haha when I saw the headline I was like Oh wait maybe MTO was telling the truth now that a reputable site also picked up on the news. Then I clicked on the link to see this $hit.SMH

    4. Who cares about Funk Flex and Jay-Z beef, it’s so dull. Hip-hop has lost it’s damn mind, this is the shit people care about now? This is news? BEEF?!?!?! WTH happen to our souls man?

    5. It would be funny just because he can. Flex all over the radio talkin about he can say what he want cause he don’t work for jay. Maybe flex can get a job working for the local kiss affiliate

    6. MTO????????????? LMAO. U just damaged your brand. U report false stories now and are not to be believed in the future.

    7. mitchell you should be embarrassed. your terrible effort on these little “articles” you whip up for hiphopdx is lowering the culture of hip hop. are you proud of yourself? do you think you’ve done a good job when you come home every day? you are literally what is wrong with the world and i hate you

    8. this is one of two things. vintage MTO or vintage Jay.

      classic MTO to fabricate a seemingly very possible scenario (jay’s got the money, but would he do it out of spite?)

      and/or classic Jay public relations…plant the seed out there that he COULD buy Hot97…cause he can.

      he either way, gotta salute funk flex for calling him out.

    9. Hot 97 been fell off. Jay cant save it and i dont think someone who owns a record label can own a radio station. eh what do i know though.

      1. their only competition is power 105 and power 105 is immature and super negative. donkey of the day, the rumor report, the constant shade that Charlemegne dishes out everyday.. i can’t listen to negative shit like that everyday. hot 97 is way more mature, way better interviews, better hosts, and they got the funk flex freestyles. way better station to me.

    10. Well what is funk flex going to do if the deal goes through and Jay Z owns the station he works at? If this is true

    11. What did I say? Why fuck with someone who can buy and sell you. You should have shut up and played another record, stupid

    12. I DON’T DISLIKE FLEX, I JUST DON’T LIKE HIS STYLE. BUT I DO RESPECT THE MAN.

      WHAT’S AMAZING IS WHAT SEEMS TO BE GOING PAST PEOPLE IN WHISPERED TONES… IS JAY Z RIPPED HIS IDEA FROM HIM. AND HOW JAY WENT ABOUT IT TOO. I THOUGHT THOSE TWO WERE CLOSER THAN THIS. THAT GOES WAY PAST SHREWD.

      SHIT. AND I LOVE JAY TOO.

      …BUT IF YOU DON’T STAND FOR SOMETHING, YOU WILL FALL FOR ANYTHING!

    13. Looks like Gaymaster Sex will be out of a job soon. You think you are going to go after one of the most powerful business men in New York and survive? Do you know you are messing with Jay Z and all the people who have investments with him? When you start fucking up people’s money, your done. And Gaymaster Flex, you are a peon compared to Jay Z.

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