Jay-Z Talks About Life On Top Of The Charts, Bob Dylan Debuts Strong

Rapper Jay-Z is set to complete the chart hat trick next week, as his new album, "Volume 2: Hard Knock Life," will hold onto the top spot of the new "Billboard" album charts for the third straight week.

Jay-Z sold 185,000 copies of "Hard Knock Life" last week, some 60,000 more units than the number two album, Lauryn Hill's "The Miseducation of Lauryn Hill," which has not dropped out of the Top 5 since its release two months ago.

The highest debut of the week comes from music legend Bob Dylan, whose "Live 1966" record -- the fourth installment of his "Bootleg Series," arrives at number 31, with 39,000 copies of the double-album set sold.

Other notable chart entries include Heltah Sketah's "Magnum Force" at 34, and the new Bad Boy compilation, "Bad Boy's Greatest Hits: Volume 1," which just missed cracking the Top 50, instead landing at 51.

This past weekend, Jay-Z was down in Memphis, Tennessee to perform along with Method Man, Redman and DMX as part of MTV's Sports and

Music Festival, and talked about what life at number one has meant to him, both as a performing artist and label executive.

"Well, I'm co-owner of the company," Jay-Z said, "so we was watching the sales all week, we was calling all the outlets and checkin' all week so it wasn't like a big shock. But when we got the final number, I think I was like my main man Michael Kyzoff from over at Def Jam, and we went over to the Bronx and celebrated with cigars, champagne and all that." [28.8 RealVideo]

To catch more from Jay-Z's live set, tune into the MTV Sports and Music Festival, airing on November 7.