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Moses...err... JayZ Takes on Cherry Coke


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JAY-Z has pocketed a cool $3 million for agreeing to relaunch Cherry Coke. The Def Jam president, never one to say no to a good financial deal, is launching the soda next Wednesday. One music industry insider sniped, "He is supposed to be focused on his label - not outside deals." A rep for Jay-Z confirmed the date of the launch but said she had no idea how much money was involved.

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