A shady record label intern who somehow got his hands on a collection of Jay Z master recordings worth an estimated $30 million demanded $110,000 from Jay Z to get the recordings back.
Read the excerpts from Page Six below...
Sources tell Page Six that the ex-intern allegedly contacted Jay’s Roc Nation by e-mail last week, saying he had a series of master recordings that were made between 2002 and 2003 at the now-closed New York hip-hop haven Baseline Studios, home of Roc-A-Fella records.
The former employee claimed the recordings — which include masters of Jay tracks such as “I Just Wanna Love U (Give It 2 Me)” and “Holla” — were now in storage in Northridge, Calif., and he needed $110,000 to get them out or the facility’s owners would put the contents up for auction.
Quick-thinking execs at Roc Nation dispatched a staffer to meet the ex-intern at the lockup on Thursday and agreed to pay $2,500 to open the unit. Inside, they found many of the masters the intern had listed on the e-mail and called police. But since the master tapes were never reported missing or stolen, police said they couldn’t do anything until a report was filed in New York.