Def Jam Fires It's Chairman, L.A. Reid

66 Def Jam Fires It's Chairman, L.A. Reid
The internet is buzzing today with rumors that Def Jam Chairman, [lastfm]L.A. Reid[/lastfm] has been fired.

Reid has been responsible for signing acts like[lastfm]Mariah Carey[/lastfm], [lastfm]Justin Bieber[/lastfm], [lastfm]Pink[/lastfm] and[lastfm]Outkast[/lastfm]. However, profits in the recording industry have been slipping, and his signing of rapper [lastfm]Shyne[/lastfm], to a seven figure deal might have done him in.

There are various reports that [lastfm]The-Dream[/lastfm] has been given his walking papers as well.

If the reports do to turn out to be true, look for Reid to bounce back in a major way with a deal somewhere else. His track record in the business for finding and nurturing talent has been superb.

Comments

More From 1025 KSFM

Get The App
10 Best Places For Chinese Food In Sacramento10 Best Places For Chinese Food In Sacramento

Listen Live