Dr. Dre and Diddy have some competition on their hands. Jay-Z is now venturing into the headphone business with the release of his Roc Nation headphones line this June.

Jay-Z and his Roc Nation establishment will be teaming up with headphone manufacturer Skullcandy. The $149 Roc Nation Aviator headphones will be released in brown, white and black. The 'phones promise a platinum sound performance equipped with a 40mm full-range enhanced audio driver.

Our passion is creating amazing music," Hov said in a statement. "We're dedicated to delivering the best in live performances. Now with the Roc Nation/Skullcandy partnership, we're offering the best way for people to experience the soundtrack of their lives.

Rap mogul Diddy recently released his own set of high powered headphones, teaming up with Monster Cable and Beats By Dre. Diddy Beats, Diddy's stylish new line of headphones, are being sold for a whopping $180.00.