Allow Me To Introduce President Shawn Carter
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Printed Date: July 26 2025 at 3:12am
Topic: Allow Me To Introduce President Shawn Carter
Posted By: 1800FabFlow
Subject: Allow Me To Introduce President Shawn Carter
Date Posted: December 08 2004 at 8:05pm
http://www.allhiphop.com/hiphopnews/?ID=3834 - http://www.allhiphop.com/hiphopnews/?ID=3834
Jay-Z Named President Of Def Jam
By Nolan Strong
Date: 12/8/2004 3:22 pm
After finally reaching a deal to sell the remaining portion of Roc-A-Fella Records to Island Def Jam for $10 million dollars, Jay-Z was named president of the legendary label founded by Rick Rubin and Russell Simmons in 1985.
"I have inherited two of the most important brands in hip-hop, Def Jam and Roc-A-Fella,” Jay-Z said. “LA Reid and the Universal Music Group have given me the opportunity to manage the companies I have contributed to my whole career. I feel this is a giant step for me and the entire artist community."
Simmons said that Jay-Z's appointment to president would help the Def Jam brand name in the marketplace.
“Jay-Z running the Def Jam label is going to be great,” Russell Simmons told AllHipHop.com. “I couldn’t be happier; this is a great honor for all of those who laid the groundwork for Def Jam. Jay’s involvement is a great thing for the Def Jam brand.”
Jay-Z will report directly to Antonio “LA” Reid and will continue to run Roc-A-Fella Records as part of the deal.
Reid acknowledged Jay-Z’s business acumen and his ten-year track record of running the Roc-A-Fella label.
“We are fortunate that he has agreed to take over as president & CEO of Def Jam Recordings,” Reid said. “I can think of no one more relevant and credible in the hip-hop community to build upon Def Jam's fantastic legacy and move the company into its next groundbreaking era."
The appointment is effective January 3, 2005, with Jay-Z operating out of Island Def Jam’s New York offices.
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Replies:
Posted By: kmck
Date Posted: December 09 2004 at 12:07am
man thats crazy.
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Posted By: Rocawaves
Date Posted: December 09 2004 at 2:09am
is it true that jays first task as new prez was to drop cam, from def jam or was that a fuccin rumor?
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Posted By: MassB1
Date Posted: December 09 2004 at 7:59pm
somehow I don't think that wuz a good move for hiz career...
I think Roca Fella iz worth more than 10 Million...
(just mah opinion)
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Posted By: 1800FabFlow
Date Posted: December 09 2004 at 8:02pm
dude is president of def jam
the roc is now part of def jam
wtf u talkin bout
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