Mac Rumors reports from various sources that Apple could be set to start a “super label” in conjunction with artists such as Jay-Z and Beyonce.

In an exclusive interview, MediaTakeOut.com spoke to a key person involved in creating the new label. And according to that insider, the new label will launch early next year. Tells our insider, “It’s a done deal. [Jay Z] already has Beyonce and [Mathew Knowles] on board … She’ll be finishing up her contract [with Sony], and I expect that she’ll sign on to the new label shortly afterwards.”

Jay-Z is CEO of a record label called Def Jam, the label is a member of the Universal Music Group who recently let their long term contract lapse with iTunes.

Moli.com is now reporting that Apple and Jay-Z are going ahead to create a “super label.”

[Jay-Z and Beyonce] will move to Apple to run a new music division. It sounds rather incredible: [Jay-Z’s] already got a pretty good job, running Def Jam, and [Steve] Jobs may be too smart to get into the tanking recording business (as others have said). Of course, if it is true, my guess is this would be a new, revamped record biz, one based on digital distribution, not boring old physical products.