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Rapper Jay-Z to stop making records

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Published: Nov. 17, 2003 at 12:43 PM

NEW YORK, Nov. 17 (UPI) -- At 33, rapper Jay-Z is bored and in an interview with Time magazine said he has given up on the rap game and it's time to focus on other things.

"That's why I'm retiring," Jay-Z said. "I've talked about wanting to have enough to get out since my first album. I was always more interested in the business side of things."

Jay-Z was the first rapper to acknowledge that he cares as much about making money as he does about making records.

In 1995, he co-founded Roc-A-Fella Records when no other label would sign him and expanded it into a diversified corporation, selling everything from clothes to vodka, and posting estimated annual revenues of $1 billion.

Jay-Z plans to run his company, have children and perhaps become president of his corporate music parent, Universal Records.

"There's not a bunch of hip-hop artists that you can relate to when you hit 30," Jay-Z said. "I think, unfortunately, rap music is made to destroy itself."

© 2003 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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