Jay-z Steps down as president of Def Jam
Jay-Z will be stepping down as Def Jam’s president. He’s been president of the label since 2005 and says he’s now ready to move on to other ventures. Under a separate long-term recording contract with Def Jam, Jay-Z still owes the label at least one or two more albums.
Universal said Carter, also top-selling rap artist Jay-Z, will continue recording for its Roc-A-Fella/Def Jam label. But the company did not give a reason for his decision to quit the executive suite.
Jay-Z will be stepping down as Def Jam’s president. He’s been president of the label since 2005 and says he’s now ready to move on to other ventures. Under a separate long-term recording contract with Def Jam, Jay-Z still owes the label at least one or two more albums.Universal said Carter, also top-selling rap artist Jay-Z, will continue recording for its Roc-A-Fella/Def Jam label. But the company did not give a reason for his decision to quit the executive suite.
