In case you haven't heard, over the holidays Jay Z quietly stepped down from his position as president of Def Jam Records. Now sources say he did it because he was tired of being tied down. "Jay is focusing on opening five more 40/40 clubs. He opened Las Vegas on New Year's and up next are LA, Miami, Chicago, London and Houston. He's also looking for hotel space in New York. He wants to open a chic, boutique hotel called The Jay. He just didn't have time to be president of Def Jam."
Monday, January 07, 2008
Jay Z Leaves Def Jam
In case you haven't heard, over the holidays Jay Z quietly stepped down from his position as president of Def Jam Records. Now sources say he did it because he was tired of being tied down. "Jay is focusing on opening five more 40/40 clubs. He opened Las Vegas on New Year's and up next are LA, Miami, Chicago, London and Houston. He's also looking for hotel space in New York. He wants to open a chic, boutique hotel called The Jay. He just didn't have time to be president of Def Jam."
38 comments:
yeah right nicca !!!!
hey, it's all about diversification and he's doing the right thing.
I not mad at him. He could do anything right now why not go do it. You don't have to be tied down to your first option.
Money opens doors and he had the balls to wall through them. Go Jay-z.
Congrats to Jigga on doing bigger than in the 08!!!
J, I love u man but, please!!!!!
1.U wasn't doing a good job.
2.U wasn't doing a good job.
3.U wasn't doing a good job.
4.U wasn't doing a good job.
5.U wasn't doing a good job.
6.U wasn't doing a good job.
Get the picture...
I have to admit; 50 cent pulled his card saying something to the effect:
"Jay's a beast; how you gonna take all the marketing money for yourself and leave all your artists in the cold?" (not a word for word qoute).
Remember not until Mr. Sweetness (Beanie Siegel) got in trouble for not paying for a rental car we found out he had an album out. The only promo he had was his own self shouting out he had an album out. Too sad, but too fucking funny.
He was greedy as the shit! Everyone could see he was not about the other artists, only himself.
AND Y'ALL THOUGHT LL WAS HATIN'. HOW ARE YOU GOING TO BE THE COMPETITION AND THE BOSS! LIKE I WOULD EXPECT YOU TO PUMP ME MORE THAT YOU WOULD PUMP YOURSELF???? Y'ALL BETTA ASK SOMEBODY!!!! NOTHING BUT HYPE ANYWAY. LIKE HE WAS ABLE TO RUN A LABEL?????
LL KNEW WHAT HE WAS TALKING ABOUT. THIS FOOL AIN'T ABOUT NO ONE BUT SELF AND JUST BECAUSE YOU SELL DOESN'T MEAN YOU KNOW HOW TO RUN THE COMPANY??? CAN ANYONE SAY DAME DASH????
ha!
jay-z is a clown to me now there is nothing he can do to be number 1 in my book ever again
You can't turn a hoe into a housewife...and you can't turn a artist into a label heads.
Jay Z is selfish just like his stupid hoe...they deserve each other
Yeah okay we all know the real reason why Jay left Def Jam, they didn't want to give him the money he was asking. It has nothing to do with a damn 40/40 or a 50/50...
Why Jay seems to think his albums still garner the same respect they once did is beyond me, he is lame as hell and I would only use his cd for a damn beer coaster....
You can't sell me the story that he stepped down because of his other initiatives. I thought he was supposed to be this ultra-saavy business man. Yeah, it did look like he was only focusing on his own career. There's more to this story. Someone please share.
^^^^^Damnnnnnnnnnnnnnnnnnnnnnn
Yea there's def something up with this story...but this is just the rec label's way of taking the attention off them, knowing they didn't want to pay him more than what they were....
For the misguided the CFO regulates the spending not Jay-Z.
nothing like a steady pay check coming in every week, cant believe that he didnt want that, i would love to get a paycheck and focus on my own business ventures, jay z is simply greedy, i bet he had a flashback when dame did the same thing to him, he was on vacation and dame made cam the new man.........
Anonymous said...
For the misguided the CFO regulates the spending not Jay-Z.
3:11 PM
Misguided? yes you are....
like his country bama ass wasn't in there bitchin ere day about some money with his punk ass doris day scarf on
There is no way in HELL I would stay at a hotel called "The Jay." Self-absorbed much?
I admire this man's business swagger. And I am watching and learning.
12:25 Ho sit down!
Are you Jay's ball licker? If not then how do you know whether or not he's selfish. With his money and B's success I wouldn't give a damn if someone called me selfish. They're on top of the game while your fat ass is hateing behind a computer. LMAO Fucking lame.
^^^^and while your fat ass is dick riding them they ain't cutting you a check. so cut the bullshit.
He just didn't have time to be president?
And it showed. He was a horrible presidente and he knew it. I woulda stepped down too.
btw, no disrespect to Jay, admire him but come on...I smell bullshit.
ROC UR SH$$T ROC BOY MUCH LUV
everything is pointing at a pregnancy to me...they both are clearing their calendars, Beyonce has been looking tired, she is not dying her hair and of course the marriage whispers
^^^^ you mean not changing that lacefront,she might be who knows?steppin down,selfish,he dont have time?If I wasnt actin right I step off too....
LOL...WHO CARES I BET HE STILL MAKES TIME FOR RIHANA...LOL AND BY THE WAY HE DID PROMOTE HER....LOL
MAN JAY SO FULL OF SHIT OH CRUMMY ASS NI**A!!,TIRED MY AZZ WTF DID YOU DO!! YEAH PROMOTED THE ONE'S YOU SIGNED AND FUCKED EVERYBODY ELSE.
THEN HAVE THE ADUCITY TO TAKE ALL THE MONEY PROMOTED FUCK OUT HIS SHIT AND BITCH STILL DIDN'T DO SHIT.
I HOPE JAY KEEPS IN MIND KARMA IS A BITCH.
Jay had about as much prowess as a HNIC as Diddy's weak ass does. Good thing he dropped that shit, cuz next we'd've heard that fam was comin out with his on 'Makin da Band' bullshit.
Speakin on that... Diddy is now doin' another Makin da Band, where he throws all his unsuccessful "bands" into one house and watches them fuck and destroy the 'careers' they didn't have in the first place. That way, he doesn't have to pay any of their dumbasses and gets major dollar off the show.
Outside of seeing a member of Danity Kane's toes in the air, I don't think I'll have time to watch one second of Diddy's bullshit. Diddy is such a joke.
If Beyonce was not black, Jay would've already married her.
this was a good look for him in his eyes...HE DID NOT STEP DOWN ON HIS OWN!!! he was nicely nudged out as a fore warning of an embarrassing BOOT OUT!
11:18 ho sit down! 8:37 you can sit yo ass down too.
It's some dumb ugly bitches on this site. Jay is a business man! He got 500 mil and the HCITG on his side. Like Jay would give a fuck what ya'll broke bitches say! LMFAO
he kindly left before he got embarrassed and put out is what this is!
I'VE ALWAYS THOUGHT OF HIM AS AN OPPORTUNISTIC MUTHAFUCA.
DAME DASH GOT A POINT.
DISLOYALTY DOESN'T GET YOU FAR.
?HOVA? STRAIGHT ARROGANCE
EVEN IN BUSINESS YOU MUST HAVE SOME LOYALTY AND BUILD ALLIANCES..HE HAS NONE..AND HOW ARE YOU GOING TO VERBALLY ASSAULT YOUR FANS IN EVERY OTHER RHYME BY REFERRING TO THEM AS PLEBIANS WHO CAN'T AFFORD SHIT?..THESE ARE THE PEOPLE WHO LISTEN TO YOU!
He needed the money to buy back his own bullshit CD
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