Jay Z & Live Nation In The Middle Of Huge Extortion Case

Jay Z & Live Nation In The Middle Of Huge Extortion Case

Music mogul Jay Z is in the headlines this week as reports claim some of his master recordings that have been missing since 2002 were offered to Live Nation management company from one of Jay’s former music producers.

According to reports, producer Chauncey Mahan has been questioned heavily by Los Angeles police over the stolen recordings.

 “Here’s the backstory … Jay Z’s Roc-A-Fella Records recorded a boatload of master recordings between 1998 – 2002. We’re told in 2002 the masters went missing — Jay Z and his people assumed they were lost. Fast forward to this past Friday. Mahan apparently had a number of the masters in his Northridge, CA storage facility.” (TMZ)

Mahan was expecting to Meet up with Live Nation to sell the recordings, but was shocked when police were waiting there for him.

 “We’re told cops then detained Mahan and he agreed to come into the station for questioning. He also agreed to let the LAPD take possession of the tapes until a judge determines ownership. Mahan was not arrested, but our sources say the Beverly Hills PD is investigating the extortion allegations because that’s where Live Nation is based. We’re also told Jay Z’s people filed a grand larceny complaint Friday with the NYPD and that investigation is ongoing.” (TMZ)

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