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Jay Z leaves Def Jam.

Posted: Fri May 22, 2009 4:29 pm
by iCONtheMicKing
Forgive me if this is some sort of joke. I'm in France and am out of touch with the western world haha.
While fans await the highly anticipated release of Hov's Blueprint 3, Jay-Z is making moves ... label moves that is.

After more than a decade with Def Jam, the hip-hop mogul has officially parted ways with the label after buying out his contract for $5 million.

It was just a rumor Thursday morning (May 21), but Jay contacted YN's RapRadar.com later in the afternoon to confirm the news.

"I can honestly say, working with Doug Morris and L.A. Reid has been a unique and fulfilling experience, and I respect them immensely," Jay told the site. "I've been in the family for almost my entire career. Doug and I spoke directly and had one of the most unique 'negotiations' ever.

Jay said that negotiation included a coin toss. "Doug won the toss, but we both won in the end," Jay said. "I thank him for allowing me to be a completely independent artist. Not every artist can say they own or are given the opportunity to own all of their music."

Hov has been working on his much anticipated Blueprint 3 album with Kanye West since 2008, after forming his own record company Roc Nation.

No word on when the album is expected, or what label it would be released though at press time.
Source: http://www.ballerstatus.com/2009/05/21/ ... s-def-jam/

Wild.

Posted: Fri May 22, 2009 4:30 pm
by drizzle
not buying it till magneto confirms

Posted: Fri May 22, 2009 4:33 pm
by iCONtheMicKing

Posted: Fri May 22, 2009 4:39 pm
by Mindbender Futurama
:jayz: is a free agent.

If he doesn't make Blueprint 3 the debut album for Roc Nation: :bunk:

Posted: Fri May 22, 2009 6:54 pm
by CRASH DDZ
I left Def Jam a long time ago.

Posted: Fri May 22, 2009 7:12 pm
by Conscious
So what... Seriously.

Posted: Fri May 22, 2009 8:00 pm
by dat piff
Image

Posted: Sat May 23, 2009 12:27 am
by duhbreez
so would this catagorize jay as a indie rapper?

Posted: Sat May 23, 2009 12:31 am
by kimani
At first sight I misread the first word in the opening quote to be "white"

Posted: Sat May 23, 2009 3:29 am
by Conscious
Crop Boys....

<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" width="46" height="23" ><param name="movie" value="http://bandcamp.com/EmbeddedPlayer.swf/ ... B/"><param name="quality" value="high"><param name="allowScriptAccess" value="never"><param name="allowNetworking" value="always"><param name="bgcolor" value="#FFFFFF"><embed src="http://bandcamp.com/EmbeddedPlayer.swf/ ... ol=4285BB/" width="46" height="23" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer" quality=high allowScriptAccess=never allowNetworking=always bgcolor=#FFFFFF ></embed><noembed><a href="http://gifmusic.bandcamp.com/track/crop-boys">Crop Boys by Gif</a></noembed></object>

Posted: Sat May 23, 2009 11:45 am
by Jennie C
i thought it was all of his material except for reasonable doubt. do they still own that?

Posted: Sat May 23, 2009 11:54 am
by blessingindisguise
Dame dash actually owns the masters to reasonable doubt jennie c.

Posted: Sat May 23, 2009 1:07 pm
by Mindbender Futurama
dat piff wrote:Image
:ohsh: x :jayz: x :hooray:

FAGGOT.
ASS.
CAMEL.


this picture is actually the Holy Grail of :phila: .

peace to Jay-Z. but man... talk about :lol:

damn near looks like bestiality :nut: :rofl:

LOLz

Posted: Sat May 23, 2009 8:12 pm
by myself
He signed a deal with Live Nation awhile back. I am pretty sure it was a "360" deal. I don't have the original article from that old news, but a Billboard article about him leaving Def Jam states the deal included albums. So He will probably have his own label with everything handled by Live Nation. Madonna and other high profile artists have done this already. Some of them signed Live Nation deals while still owing the current label albums. This was the deal here. He owed Def Jam one more before he could do his Live Nation deal fully. So he bought himself out. Probably a good move for all involved. Def Jam was not going to make more than 5 mil off his next release.

Posted: Sun May 24, 2009 1:37 am
by Jennie C
blessingindisguise wrote:Dame dash actually owns the masters to reasonable doubt jennie c.
thank you blessingindisguise. i don't remember the drama behind this but if i were jay, i'd be bummed. that's his best album.

Posted: Sun May 24, 2009 1:59 am
by Verge
iCONtheMicKing wrote:
"Doug won the toss, but we both won in the end," Jay said.
dat piff wrote:Image

Posted: Sun May 24, 2009 2:03 am
by Kalel
myself wrote:He signed a deal with Live Nation awhile back. I am pretty sure it was a "360" deal. I don't have the original article from that old news, but a Billboard article about him leaving Def Jam states the deal included albums. So He will probably have his own label with everything handled by Live Nation. Madonna and other high profile artists have done this already. Some of them signed Live Nation deals while still owing the current label albums. This was the deal here. He owed Def Jam one more before he could do his Live Nation deal fully. So he bought himself out. Probably a good move for all involved. Def Jam was not going to make more than 5 mil off his next release.
Thats pretty cool. Thanks for the info.

Heh, Jay-Z and I have the same employer. :cool:

Posted: Sun May 24, 2009 4:22 pm
by RAZAH CUTZ
hmmmmm. live nation huh? the folks that handle all the concerts and shows I go to....

Posted: Sun May 24, 2009 4:25 pm
by Employee
Kalel wrote:
myself wrote:He signed a deal with Live Nation awhile back. I am pretty sure it was a "360" deal. I don't have the original article from that old news, but a Billboard article about him leaving Def Jam states the deal included albums. So He will probably have his own label with everything handled by Live Nation. Madonna and other high profile artists have done this already. Some of them signed Live Nation deals while still owing the current label albums. This was the deal here. He owed Def Jam one more before he could do his Live Nation deal fully. So he bought himself out. Probably a good move for all involved. Def Jam was not going to make more than 5 mil off his next release.
Thats pretty cool. Thanks for the info.

Heh, Jay-Z and I have the same employer. :cool:
Wow, bro. Maybe you can share with him some of those wikkid eyebrow techniques.

It will be interesting to see how much money Live Nation loses on both the Jay-Z and Madonna deals.

Posted: Sun May 24, 2009 4:36 pm
by Kalel
Employee wrote:
Kalel wrote:
myself wrote:He signed a deal with Live Nation awhile back. I am pretty sure it was a "360" deal. I don't have the original article from that old news, but a Billboard article about him leaving Def Jam states the deal included albums. So He will probably have his own label with everything handled by Live Nation. Madonna and other high profile artists have done this already. Some of them signed Live Nation deals while still owing the current label albums. This was the deal here. He owed Def Jam one more before he could do his Live Nation deal fully. So he bought himself out. Probably a good move for all involved. Def Jam was not going to make more than 5 mil off his next release.
Thats pretty cool. Thanks for the info.

Heh, Jay-Z and I have the same employer. :cool:
Wow, bro. Maybe you can share with him some of those wikkid eyebrow techniques.

It will be interesting to see how much money Live Nation loses on both the Jay-Z and Madonna deals.
Image