Jermaine Dupri is at it again, this man is making major moves. He has formed a new music label with pharmaceutical giant Procter and Gamble. The name of the label is Tag Records. The label will sign and release albums by new hip-hop acts in a bid to find fresh talent. Dupri will serve as president of Tag Records while keeping his position at Island Def Jam. He says:

 ”I’ve never seen someone wanting to devote this much money to breaking new artists. Nobody in the music business has the marketing budget that I have.” SOURCE

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