Reports emanating from the United States suggest that Jay-Z is on the verge of being dropped by his own record label.
“Excessive demands” are being cited as the major reason the doubt over his future exists, together with a recent initiative to leave Universal for Columbia that fell through.
The rapper and president of Def Jam Records could now be the victim of his label’s relationship with Universal, of which it is a subsidiary, as the major considers not renewing his contract when it expires later this month.
Speaking to the New York Daily News, a source revealed: "People have lost count of how many times he's come out of retirement.
"Everybody knows he's not around the office much. Everybody at Universal loves him, but they can't justify paying him the money he wants when so many people have been laid off."
Another reason for discontent comes with Jermaine Dupri’s appointment as president of Def Jam’s urban music division in February.
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Giant 'who cares'.
jay-z fans
hip hop / rap fans
industry people
Idiots, then...
yeah...
bloody hip hop fans...
what a bunch of morons...
dick.
if you didn't care
you didn't have to read the article
then comment on it
you care, oooh!
Jay Z news > indieschmindie news
^This
So fucking true.
didn't electric soft parade
get dropped by their own, as in owned by them, label? if not, they should have
ESP
were good...now go hide in the cupboard
"were"
It doesn't matter - he'll just finance his own releases via Beyonce...
that is the way forward with music at that level, I reckon... too many legal issues being tied to a label at that level.