Timberlake's move is not without controversy. Smaller studios and labels that have struggled in the city for years fear they could be ruined by such a powerful player signing up local talent.
Senior figures behind the project said Timberlake, 24, could launch a new record label to go alongside the revival of Sun and Stax, or dramatically expand the company he started up this summer, JayTee Records, which signed hip hop's Joshua B as its first act. ...Timberlake has been in town recently for filming of Black Snake Moan, a movie about 'a Memphis nymphomaniac' in which he stars with Samuel L Jackson and Christina Ricci. [full story] [via Rachel]