In what may be one of the most shocking developments of 07. Jay has resigned from Def Jam.
You can watch an interview that Illest posted up in November. Jay Z discussed why he would leave or stay with Def Jam.
Jay Z – Interview With Charlie Rose
Both parties released statements.
“It’s time for me to take on new challenges. I am pleased to have had the opportunity to build upon the Def Jam legacy, helping to move the company into a new era of artistic success.”
“Jay made it clear to us that he feels the time has come to take on different challenges in his life. While we regret his decision to move on, we certainly respect it … While he will continue to be one of our signature artists, he will nonetheless be missed in this executive capacity.” Reid from Def Jam said in a statement.
Sean Carter was president of Def Jam for three years.
Illest Lyrics will keep you updated with all the latest news and music from Jay Z.
