Tuesday, December 25, 2007
JAY-Z RESIGNS FROM DEF JAM
“I’ve been incredibly fortunate to have served as President of such a culturally-defining label as Def Jam over the last three years,” Jay-Z said in a statement. “During that time, I’ve had the pleasure of working with many of the world’s most dynamic artists and many of the most dedicated and talented executives in the music business today, including Antonio “L.A.” Reid. But now it’s time for me to take on new challenges.”
Jay-Z, born Shawn Carter, took over as President of Def Jam in 2005. Under his guidance, the rapper signed his former rival Nas to Def Jam and oversaw the release of hit records by Kanye West, Rihanna and Ne-Yo.
Island Def Jam Music Group Chairman Antonio “L.A.” Reid said that Jay-Z felt it was time to take on “different challenges in his life.”
Jay-Z will continue running and recording for his Roc-A-Fella imprint, which is distributed by the Island Def Jam Music Group. The mogul is rumored to be making a transition to the urban division of Sony Records with Rick Rubin.