The two hip-hop players celebrated the launch of Dream Chasers Records at the Roc Nation headquarters in New York City, signing contracts at a small press conference and popping champagne to celebrate the partnership.
Meek Mill is in a Jay-Z state of mind: The Philadelphia rapper-turned-entrepreneur is launching a new record label in a joint venture with Jay-Z's Roc Nation. Meek Mill, 32, will lead Dream Chasers as president, overseeing the label and its staff.
Jay-Z, hip-hop's ultimate businessman, said he and Meek Mill not only bonded musically, but in other areas.
Jay-Z, Mill and others joined forces earlier this year to form a coalition that lobbies for changes to state probation and parole laws, called the Reform Alliance. Meek Mill became a symbol for criminal justice reform activists after a judge in Pennsylvania sentenced him to two to four years in prison for minor violations of his probation.
For his new label, Meek Mill said he hopes to sign hard-working artists looking to move the needle, "not a social media success for the weekend or for the month." Meek Mill recently announced he's now a co-owner of sports-apparel retailer Lids, and will lead the company's creative strategy and release a limited-edition collection of hats.
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