Jay-Z's Roc Nation Reportedly Beats Out Jive and Universal for Block Starz Music

Carter reportedly won a bidding war between Universal and Jive Records for the fledgling Block Starz imprint.

While terms of the deal had not been disclosed at press time, the purchase of Block Starz, a full service online music company founded in 2008 to scout, develop, and market new independent talent, culminates a busy month for Jay-Z.

Earlier it was announced that Roc Nation had signed deejay/producer Mick Boogie, singer and songwriter/producer Santi "Santigold" White to its management division.