Apple and Jay-Z to form their own record label
Say what?! Believe it or not, there was a rumor back in early 2008 that rapper Jay-Z and Apple were going to form a new record label. The rumor gained enough traction that it even appeared on outlets like CNN and CNBC. Early reports even went so far as to claim that Beyonce was set to join the label once her contract with Sony expired.
Not surprisingly, this rumor never came to fruition.