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Jay-Z’s Def Jam Days Could Be Over…
December 6th, 2007
The NY Daily News is reporting that Jay-Z is being quite the diva when it comes to renegotiating his Def Jam contract as the President of Def Jam. According to an unnamed source (of course, everyone wants to dish the dirt, but no one ever wants their identity revelead), Jay’s bosses are finding his demands to be somewhat excessive. Now, if you remember, last year the geniuses at BET.com (that would be us) told you that there was some internal turmoil at the label (Read our story: Def Jam or Jay Records??), and now it seems his contract will expire at the end of this month. Well, don’t get your panties in a bunch, Jay is still the biggest artist on the label (hmmm….or is Kanye bigger right now?) so he may have some negotiating power. But there’s one thing that we do know, and that’s that if President Carter gets the boot, then the days of Memphis Bleek and Beanie Sigel albums are over.
–KIM O.
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