Jay-Z to Step Down as Def Jam President
Wednesday, December 26th, 2007Universal Music Group said Monday that rap artist and hip-hop mogul Shawn “Jay-Z” Carter is stepping down as president of its Def Jam Records unit, effective by the end of the year.
Carter, 38, has been president of the rap label since 2005, and has signed acts including R&B singers Rihanna and Ne-Yo.
Universal said Carter, a […]





