Sign up for TLA newsletter

Fill out your e-mail address
to receive our newsletter!
E-mail :


News President Jay-Z
President Jay-Z PDF Print E-mail
Written by Westside ID260   
Tuesday, 26 October 2004 06:52

Jay-Z is in final negotiations to become president of Universal Music Group's Island Def Jam label, a source familiar with the negotiations said Tuesday.

Discussions with the superstar rapper, whose real name is Shawn Carter, have been going on for weeks. Barring any last-minute snags, a deal should be finalized within seven to 10 days, according to the source, who spoke on condition of anonymity.

Since his first album in 1996, rapper Jay-Z has achieved string of radio hits, platinum albums and critical respect. After cranking out an album every year, Jay-Z released "The Black Album" in 2003 and declared he was retiring from recording. He still remains a major concert draw and is currently touring with R&B superstar R. Kelly.

Although many artists eventually become executives, it's a rare move for one with Jay-Z's current fame.

As Island Def Jam president, the 33-year-old New York native would report to chairman Antonio "L.A." Reid, who joined the label in February. The label's last president, Kevin Liles, was ousted in July.

It's expected the label will seek to sign Jay-Z to a three-year deal, the source said.

Separately, Universal Music Group has also been in talks with Jay-Z and longtime business partners Damon Dash and Kareem "Biggs" Burke to buy their Roc-A-Fella Records label. But Universal's bid to hire Jay-Z is not contingent on acquiring Roc-A-Fella, the source said.

Calls to representatives for Jay-Z and Reid were not immediately returned.


News President Jay-Z

"This site is dedicated to the legacy of Tupac Shakur and all the other souljahs who dare to struggle; alive & dead"

The layout, text and images on this website are protected by (c) Copyright and may not be used or reproduced without written consent of [email protected].
No copyright is implied or expressed towards any of the pictures on the site except site images owned by ThugLifeArmy.com . ‘Hot linking’ of our content (images, text, audio and video) is strictly prohibited by law.
If our news articles are used we expect source credit and a live return link to be given to ThugLifeArmy.com.
The photograph of Tupac used on the home page is owned and copyrighted by Gobi. Photo is used with permission from Gobi to ThugLifeArmy.com. Many more of Gobi's photographs of Tupac can be seen in Gobi's book 'Thru My Eyes'.
Picture graphics and design are by [email protected] and [email protected] (Selphie)

Thug Life Army is a division of Star Sound Music Group®
7336 Santa Monica Boulevard, Suite 800 Hollywood, California 90046
E-mail: [email protected]
Privacy Policy | Contact Us | About Us | Sourcing Policy | DMCA | RSS Feed feed-image
(c) Copyright 2002-2024 www.thugelifearmy.com. All Rights Reserved