JAY-Z resigns as the president of DEF JAM
merry Christmas scarl
LOS ANGELES – Shawn â€œJay-Zâ€ Carter said Monday that he will leave his post as president of Universal Music Groupâ€™s Def Jam Records label after his contract expires this year.
The rapper, who was named Def Jam president three years ago, said in a statement that it is â€œtime for me to take on new challenges.â€
He will continue to release his own music through his record label, Roc-A-Fella/Def Jam after his contract expires Dec. 31