Jay Z

Jay Z attends the grand re-opening of Jay-Z's 40/40 Club on Jan. 18, 2012 in New York City. 

Michael N. Todaro/FilmMagic

Move over, bottle waitresses: Jay Z's Manhattan 40/40 Club is transitioning from nightlife destination to talk-show set. Well, at least until the bar opens.

Jay-Z Talks Barclays, Made In America and NBA 2k13 at 40/40 Club

Time Inc. announced a number of new plans for original video content in its recently released newfront. Included in the planned programming, which ranges from sports to reality to pop culture, is a talk show called 40/40 Live, hosted by the WNBA's Skylar Diggins and focusing on "the worlds of hip-hop and sports celebrity." Co-produced by Jay Z's media group Life+Times, the show will "provide a fresh and unfiltered conversation around sports, fame, music."

Jay-Z Re-Opens 40/40 Club; Says Anti-Bitch Poem is 'Fake'

Time's new digital video initiative will create content for the group's sites, as well as for syndication by Amazon and CBS.