Monday, December 24, 2007

Jay-Z out as president of Def Jam.

UPDATE [12/24 8:22pm] ... Okay, not a lot of insight into the decision in the story linked above. But this Billboard story adds some context from an interview he gave this month, when he said his decision to stay or go would not be "about money":
It's really about trying to invest in the future, trying to invest in maybe coming up with a new model. Because going in hard making records with artists and throwing those records into a system that's flawed is not exciting for me.

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