"He wanted big, big money that was way out of sync with the realities of today's record business," a source told the New York's Daily News. “People have lost count of how many times he’s come out of retirement,”
the source went on. “Everybody knows he’s not around the office much.
Everybody at Universal loves him, but they can’t justify paying him the
money he wants when so many people have been laid off.”
Still, a “friend” of Jay’s told the paper that “the talks will continue when he returns to New York. They still have a ways to go before a decision.”
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