The wait is finally over! Jay-Z has officially been named the President and CEO of Def Jam Records. With fifty percent of Roc-A-Fella Records (the company he runs alongside Damon Dash and Kareem Burke) having been sold to Def Jam, Jay-Z will continue to oversee The Roc and its artists as a part of his new job. “I have inherited two of the most important brands in hip-hop, Def Jam and Roc-a-Fella,” Jay-Z said. “I feel this is a giant step for me and the entire artistic community”.
And by that Jay-Z shows that just because some starts as and artist does not mean that the sky can’t be the limit. “After 10 years of successfully running Roc-a-Fella, Shawn has proven to be an astute businessman, in addition to the brilliant artistic talent that the world sees and hears,” LA Reid said. “I can think of no one more relevant and credible in the hip-hop community to build upon Def Jam’s fantastic legacy and move the company into its next groundbreaking era”. Jay-Z is set to take over the position on January 3rd.
