R&B superstar Beyonce Knowles is switching to boyfriend Jay-Z’s Def Jam record label, so the rap mogul can “oversee” her career – according to reports.
The songstress' contract with Sony’s Columbia label is due to expire after her two next albums, after which insiders say Beyonce will sign to Island Def Jam to work with the rapper, real name Shawn Carter.
"(Carter) has been trying to get her to Def Jam for a while. He would love to oversee her career - he kind of does anyway," a source told PageSix.
"Sony has had a bad year - all the hit acts, Justin Timberlake, Christina Aguilera and the 'American Idol' kids, are all on BMG. "They can't afford to lose Beyonce. They'll probably mortgage the farm to keep her. Which means a lot more money for Beyonce - and Jay-Z if they get married."
Their spokespeople are yet to comment.
