Jay Z Steps Down As President Of Island Def Jam

[187Proof]

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Jay-Z stepping down from label
BANG Showbiz
Jul. 26, 2007 09:29 AM
Jay-Z is stepping down as CEO and president of Island Def Jam records.

The hip-hop mogul was reportedly unimpressed with the appointment of producer Jermaine Dupri as president of the label's urban music division in February this year and is now in talks to quit the company.

A source told the New York Daily News newspaper: "There isn't room for two kings at one label. "Why would Def Jam bring in another power-hitter urban guy?"


Jay-Z is now reportedly considering moving to Columbia records, the home of his girlfriend Beyoncé Knowles.

The 38-year-old rapper is expected to take ownership of the master recordings of his musical catalogue with him when he moves.

Jay-Z has been responsible for signing a number of major music stars to the label, including his 19-year-old protégée Rhianna - who he signed to Def Jam in 2004.

The hip-hop mogul's success with the young songstress has made him an attractive option for Columbia co-chair Rick Rubin.

A source said: "Rick's creating a supergroup of staff. So it would make sense that he would want Jay on his side."



http://www.azcentral.com/ent/celeb/a...26jayz-CR.html

[Laconic]

Oh darn...Jay been fucking up that label since he arrived...The Roots *cough cough*

[wardy]

jay fucked up ghost, redman , method man, ll cool j, bleek, young gunz and roots sales but  nas, rick ross, young jeezy X2, ludacris, Bobby V, ne-yo X2, rihanna X3, Juelz Santana, and soon to be fabolous have gone gold or more so in todays sales jigga has kept def jam abov decline and even the ones that have flopped still did over 200,000 bar redman

[Lunatic]

this been coming for a minute now...

[Al Bundy]

GREAT SUCCESS  

[Eddie G.]

damn can't believe he was pissed that JD was in there.

[NiCc_FrUm_ThA_nO]

 

[rik]

Nice! Fuck a Camel.

[everlast1986]

Jermaine Dupri > Jay-Z

[The-Leak (aka) kingwell (bka) JULES]

YES THE GROWTH IS COMING!  (lol)

[Turf Hitta]

Jermaine Dupri > Jay-Z

at what?

[mrceo]

Jermaine Dupri > Jay-Z

at what?

Haha, true.  But damn, Jay-Z & Rick Rubin united!  That's a dope move for the game

[K.Dub]

Lol at Jigga being so Childish.

jay fucked up ghost, redman , method man, ll cool j, bleek, young gunz and roots sales but  nas, rick ross, young jeezy X2, ludacris, Bobby V, ne-yo X2, rihanna X3, Juelz Santana, and soon to be fabolous have gone gold or more so in todays sales jigga has kept def jam abov decline and even the ones that have flopped still did over 200,000 bar redman

How the fuck did he help Juelz? 

[wardy]

Lol at Jigga being so Childish.

jay fucked up ghost, redman , method man, ll cool j, bleek, young gunz and roots sales but  nas, rick ross, young jeezy X2, ludacris, Bobby V, ne-yo X2, rihanna X3, Juelz Santana, and soon to be fabolous have gone gold or more so in todays sales jigga has kept def jam abov decline and even the ones that have flopped still did over 200,000 bar redman

How the fuck did he help Juelz? 

got him a platinum plaque

[everlast1986]

Jermaine Dupri > Jay-Z

at what?

Way better businessman and knows how to run a label without selling the fuck out and screwing alot of people like Jay-Z did on Def Jam.