Universal Buys Roc-A-Fella And Names Jay-Z Pres./CEO Def Jam
According to FMQB "Universal Music’s Island Def Jam label has officially bought out Jay-Z’s successful Roc-A-Fella Records, purchasing the 50% it did not already own from Jay, Damon Dash, and Kareem "Biggs" Burke. The New York Post reports that Universal paid just under $10 million for the rap label, whose roster includes yesterday’s leading Grammy nominee Kanye West. Roc-A-Fella will live on as an imprint label within IDJMG, which had purchased the first 50% of its stake in the label back in 1997 for $1.5 million."
"Additionally, after rumors circulated for months, Jay-Z (real name: Shawn Carter) has been named President and CEO of Def Jam Records. He will report to IDJMG Chairman Antonio "LA" Reid and start at his new position on January 3. Jay-Z had also been pursued by Warner Music’s Lyor Cohen for a position within WMG. Cohen had been at Def Jam when the label originally bought into Roc-A-Fella."
Read the full article here.
hi my name is william casiano from boston massachusetts i go to the dearborn middle school in roxbury im the vice president of the school and i was wondering if you dont mind making the honor of performing at our school for this spirit week wheir having in about 3 weeks or at least call our school at 617-635-8412
thank you,
and hopefully ill have a good response to make my fellow students happy because we never get nothing good and with your presence it will light up our days and it will be a honor to meet you
william casiano
Hello, I just have a few business ideas that may be right up Sean Carter’s alley. Although money is not a major issue, at the same time, obviously, I’m not sure how he feels on making more and having fun @ the same time. I know this is a long shot email and I’m not expecting a response off bat, but you will respect my persistence. See, via email isn’t really safe, so… Once a response is noted, we then take it from there. St. Thomas, St. Croix U.S.V.I. are key words. Thank you in advance, Judith D.