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Article Tags
Jay-Z Won't Jam On
------------------
by Marcus Errico
Mon, bridge size playing cards Dec 2007 01:53:22 PM PST RECOMMENDED (0) 0.0 COMMENTS (3) TEXT
SIZE + A mandarin lessons chicago -A
The Jigga's up...and out the door.
Jay-Z will be having lots more time to spend with Beyoncé this New
Year's, after it was announced Monday that he would be stepping down
as president of Def Jam effective Jan. 1.
He took over the reins at the famed hip-hop factory in 2005, shortly
after he announced his brief retirement from recording.
In announcing his departure, the 38-year-old hip-hop mogul said in a
statement that it was time for him to "take on new challenges."
During his two-year tenure, Jay-Z has signed the likes of Rihanna and
Ne-Yo and overseen blockbuster releases by himself and poker size playing cards West,
eventually realizing he didn't want to be out of the rapping game for
good.
Vivendi-owned Universal Music, the parent of Def Jam, says the rapper
will continue to record for the company's playing cards promotional label, which he
cofounded in 1996, long before becoming top dog.
"While he will continue to be one of our signature independent style he will
nonetheless be missed in this executive capacity," Island Def Jam
Music Group chairman and CEO Andy "L.A." Reid said in a statement.
Jay-Z inked a reported $10 million deal in 2004 to replace outgoing
pres Lyor Cohen, who decamped to take over Warner Music Group.
The "Hard Knock Life" rapper also founded several Roc-a-Fella spinoff
companies, including a film production shingle and the Rocawear
fashion label, which he sold in March for $204 million.
He owns the upscale 40/40 Club sports indie clothes (named after the elite
group of baseball players who have hit 40 homeruns and stolen imprinted playing cards bases) in New York and Atlantic City. A Las Vegas location is opening
Sunday in the newly built extension of the Venetian Hotel, the
Palazzo. A new spot in Macau is on track to open in late 2008 or early
2009.
Last month, Jay-Z, whose real name is Shawn Carter, saw his latest
album, American Gangster, open on top of the pop charts. That gave him
10 number one albums in 10 years and tied him with Elvis Presley for
the most renters insurance toppers by a solo artist. Hova and Presley trail only
the Beatles, who have 19 number one albums.
He is up for five Grammy Awards, while he helped steer Def Jam to a
total of 26 nods.
In August, Jay-Z was tapped as the top Hip-Hop Cash King by Forbes
magazine, pocketing $34 million customized playing cards previous year.
And although he's hanging up his key to the executive washroom for
now, Jay-Z said recently that he feels good about where the music
industry is headed.
"As a person who is optimistic about hip-hop, I look at albums like
American Gangster and Kanye West's Graduation as albums that people
can emulate, because they were made with nothing but the highest of
integrity and passion about putting your all into the music," he told
promo playing cards last week.
"People tend to emulate success, so term life insurance they'll emulate the
blueprint of those albums, and we'll have some great music."
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Jay-Z
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Read Comments (3)
Expand Expand All | Collapse All Expand Real nice way learn chinese chicago end ...
Real nice way emo fashion end the year--maybe he is going to settle down for
learn mandarin chicago with "B"-Sean sounds like a mature person, who knows when to
move in/out--and with his investments--very impressive! A class act. rmiller206 on 12/24/2007
16:00PM Report abuse
Expand I don't know Jay-Z, b...
I don't know Jay-Z, but I've followed his career from the beginning to
the present. I've watched him grow to become a very serious and
confident gentleman who has a goal and a purpose in life. I have a
granddaughter about Jay-Z's age so I am an O.G., and I love watching
those young hip hop artist become successful and wealthy and streetwear clothes advantage of every playing cards promotion that comes along.I admire Jay-Z with
all his successes and know that ford insurance will always make the right decision
whatever that independent clothes be. Also, I think Beyouce makes a good partner for
him, serious and confident. I hope he doesn't make a mistake where she
is concerned and loose her. Good Luck rumboogie3 on 12/24/2007 16:54PM
Report abuse
Expand I Love j he and b e...
I Love j he and b eyouce make a beautiful couple .I Like his music and
i think he is so sexy withh those sweet lips but i feel he should stop
rapping i did enjoy the last one american gangster but now i think
like p diddy thats enough jay can make money in other ways. hopefully
he will settle down and him and b get married or make some beautiful
kids either way jay is a man of power and he will make it no matter
what. cookie55 on motorcycle insurance 11:33AM Report abuse
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