While an official press release has yet to go out, rap veteran Nas has reportedly launched a new record label called Kings & Queens.
According to Young Money rapper Tyga, their new joint record shares the same title as Nas' label.
Don't let the popularity of "Rack City" fool you. Tyga's recently released Careless World: Rise of the Last King is packed with 21 joints (23 if you buy the iTunes bonus tracks). Among the most notable are the Lil Wayne-assisted "Faded" and "King and Queens" with Nas and Wale. "[Nas] actually has a label called Kings and Queens that he just started, so he was like, it's just cliché that I sent him a song called '[King] and Queens' and he just started a label called Kings and Queens, which is crazy,'" Tyga told Sway. (MTV)
In the late 1990's, Nas launched his trademarked Ill Will Records.
The label was named after Willie Graham, Nas' childhood neighbor and best friend, was shot dead on May 23, 1992 when both were teenagers. He launched the imprint in autumn 1999 with his fourth studio album Nastradamus. Ill Will had distributed The Bravehearts through Columbia Records and former artist Quan through Atlantic Records. After signing to Def Jam in 2005, Nas relaunched Ill Will by the name The Jones Experience as an imprint under Def Jam. (Wikipedia)
Recently, Nas announced his upcoming new solo album was completed.
"Ayo Jung! Ya Bday comin!! We goin in. 5 days NONSTOP!!! Plus we celebrating my LP being WRAPPED!!!!!!," he tweeted February 23rd. (Nas' Twitter)
In December, the rap mogul promised to deliver his next solo effort this year.
"I'm coming out with an album next year. I'm getting my music ready and working on it constantly. There's no theme to it. Each song is about something totally different than the last. It's about regular life," Nas said in an interview. "Writing is good for you. If you don't use it, you lose it. It's good to work yourself and try yourself and see what you come up with. [My dad being a musician inspired me.] Yeah, definitely. But I was usually inspired by Michael Jackson, The Jackson 5 and Run DMC. Those guys really spoke to me. Miles Davis too. I really like jazz. It's smooth. (Miami Herald)