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Jay-Z has decided to step down as president of Def Jam recordings because "It's time for me to take on new challenges". Sources have reported that after Universal declined his proposal for more lucrative terms, Jay-Z decided to quit.
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Fast Facts
- Def Jam is a subsidiary of Universal Music Group
- Jay-Z was the president of Def Jam for 3 years, signing new artists such as Kanye West and Rihanna.
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Questions and Answers About Jay-Z Quits Def Jam | View All | Ask a Question
View All Jay-Z Quits Def Jam Questions (912) | Ask a QuestionDoes anyone know why Jay-Z left Def-Jam? (1 Answer)He left Def Jam for a new deal with Live Nation that would provide funding for several of his own ventures. You can read about it here: http://www.nytimes.com/2008/04/03/arts/music/03jayz.html?_r=1 read moreWhy did Jay-Z leave Def Jam? (1 Answer)Jay Z will announce he's leaving his position at Def Jam to create a new "super label" with Beyonce. read moreThoughts on the new Jay-Z Rhapsody Commercial? (2 Answers)From bricks to billboards, grams to Grammys, where else does Jay Z have to go? All of his careers have been touched by Midas, his empire is enormous and I ... read more
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