Jay-Z Is Too Smart For This Job
It appears that pretty much everyone is well aware of the dying machine that is the recording industry. Not only are artists like Radiohead and Madonna changing the way they release their music, but we now have the first major executive step-down; H to the izo.
When Jay-Z’s contract expires at the end of this year, he will step down as President of Def Jam Music Group. Mostly…because he’s smart.
“Going in hard making records with artists and throwing those records into a system that’s flawed is not exciting for me,” Jay-Z told Billboard earlier this month. “It’s not the music; people ingest music the same way. It’s just that the model of selling CDs has changed, So doing things the typical way is not in the best interests of anyone and not exciting for me.”
Along with the announcement that was made yesterday, Universal Music Group did mention that HO-VA will continue to record on his Def Jam label, Roc-A-Fella.
Britney’s right, there’s panic in the industry; and frankly, Jay doesn’t need ‘em. The notion that he would stay on the label may be wishful thinking on Universal’s part.
Next?
Posted: December 26th, 2007 under News.
Tags: Jay-Z
Comments
Pingback from Why Ugly Guys Are So Hot « Radiocrat
Time March 27, 2008 at 6:49 am
[...] guy with a very distinctly look. Yeah right! – that needs some elaboration. Another example used is Jay-Z who has never been lucky in overall press reviews of the best-looking-celebrities. And there was [...]
Pingback from Jay-Z Signs to Live Nation, Gets ‘Roc Nation?’ « My Poproks
Time April 3, 2008 at 10:49 am
[...] is out of control. The NY Times reported today that Jay-Z plans to leave Def Jam (saw that one coming), and sign a $150 million deal with…guess? Live Nation. It will be another one of those [...]
Comment from Ty Cohen
Time December 29, 2007 at 7:35 pm
I agree, the industry HAS and continues to change and if you as an artist or executive are not willing to change along with it them you’ll die off.
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