http://www.hitsdailydouble.com/news/rumormill.cgi
Many of us RedOne fans figured this out a few months ago, when 2101 Records artists like Havana Brown, Midnight Red and 7Lions started including "@CapitolRecords" in their Tweets, but nothing was announced. Now Jennifer Lopez has joined 2101 Records, so it'll probably be made official in the coming days.
I actually hope RedOne ditches Cash Money, and brings all the artists he signed to them over to Capitol. It just makes more sense to have them all under one label, than split out. And it's all part of Universal Music Group, so no contractual dramas.