We Told You So!! Jay Z Steps Down From Def Jam - Jermaine Dupri To Step In As Head By WEEKS END!!

: Two weeks ago MediaTakeOut.com told you that Def Jam would not be extending Jay Z's contract and yesterday the platinum selling rapper made it official. We also told you that Columbia/Sony would not be offering him a job at their label. In a statement released by his publicist, Jay Z officially confirmed all of our reporting. Here's how the Associated Press is reporting it:

Shawn "Jay-Z" Carter said Monday that he will leave his post as president of Universal Music Group's Def Jam Records label after his contract expires this year.

The rapper said in a statement that he'll keep churning out music for his record label, Roc-A-Fella/Def Jam.

Carter, who was named president of Def Jam three years ago, said it was time for him to "take on new challenges."

. But there's more. MediaTakeOut.com can EXCLUSIVELY report to you that before weeks end, the label will announce that Jermaine Dupri is the new head of Def Jam Records.

There seems to be a new trend: We report a story - then all the mainstream press outlets tries to discredit us - and then we're proven right.

Welcome to the world of new media. Or should we say, the new world of MediaTakeOut.com...

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Comments

mistagetcrunk

Damn jay, now where you gone get yo money.. 1st (i hope)


yondi007

Best of luck, somethings do get old after awhile.


patapata

it's about time you can't do the same thing for a long time good luck J b needs you more now .Merry xmas everyone


babygirl08

Personally I don't care what had happened. Anyways Merry Christmas to everbody.


msdee615

MTO STOP WHINING THAT YOU FINALLY GOT SOMETHING RIGHT, AND NOBODY GAVE YOU CREDIT! MAYBE IF YOU DID THAT MORE OFTEN YOU WOULD GET SOME STREET CRED! ANYHOW JAY HOLD YOUR HEAD UP YOU GON ROCK OUT AS ALWAYS!


LadyLuck007

Well thats whats up. J.D is a great producer, he can spot talent a mile away...


ladaysha04

merry christmas, now jay can move on to bigger things


jpolite

JAY HOV ISN'T SWEATING THAT NEXT YEAR HE WILL BE IN THE BILLIONAIR BOYZ CLUB IT'S NOT LIKE HE'S ON THE UNEMPLOYMENT LINE ONLY HATERS ARE HAPPY YOU KNOW THE MR & MS ME TOO'S?!?!UCK EM ALL


FaneliGMU

Jay is the best rapper out but lets get one thing clear he only seemed to care about his own roc label he pushed a few like jeezy and ross but he didnt really give anyone a chance. SOmetimes it seems as if he didnt want anyone to achieve the success that he got so he put a muzzle..ala buddens and others...why was teirra marie pushed liek that oh yeah she was ont he roc rihana oh yeah he was bangng her.the dude is a great artist but he could helped evolve the talent level at def jam alot better instead of alienating some of the employees and recording artist...Camron should have a field day with this..Jay start giving others chance they mightt not be ont he level your on but the can progress like you did and get better with time.


capri

GOOD LUCK JD


ludafan

GOOD LUCK JAY



SWEET_TEA

I JUST HOPE JD'S HEAD CAN FIT THROUGH THE DOOR!

MERRY CHRISTMAS EVERYONE! =)


Nimrod

No hate but the only reason Jay got the job is because Lyor and the REAL Def Jam staff went to Warner and the Gottis had legal problems. LA Reid and JD are better suited for Motown not Def Jam. That job belongs to Irv Gotti. People may laugh but he saved Def Jam once before and in the process made Russell and Lyor very rich men. He's the only one left from the real Def Jam and he's a proven winner as producer and HIP HOP exec. JD is a copycat. He made some money but he's a copycat dude who lacks originality. One minute he's mini puff then he's westcoast then he's crunk. I don't know who the hell the real JD is musically. He waits for trends to pop then jump on the bandwagon. DEf Jam needs a trendsetter who knows HIP HOP. Irv is from Hollis and that's another plus. Who better to inherit Russell's throne than the kid from Queens who did over a hundred dollars in billing for Def Jam? People forget how crucial Irv was in Jay-Z's career. Jay would've never been at Def Jam if it wasn't for Irv. Give that man his shot. JD and LA spell the end of DJ. How many labels have those two messed up between them?


Nimrod

Oops... Hundred million dollars in billing.


jess4uandme

Both will do fine in whatever they do. Merry X-Mas!


easyjay

MTO people, small car no go kill una, na truck go slam into u dis xmas day. Na wa o, u come tell us say def jam don fire Jay Z naw u dey brag say u tell us so? wetin u tell us sef. No be you say them fire am? now we find out na him want leave no be the other way around. God sef go punish you MTO, i don look stupid for people face because i don tell fake story, the spirit of xmas no go better 4 u.


Kush

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Kush

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Fine-N-Mellow

Im sure the Jigga man is going to be doing bigger and better thangs.


SANDRA5501

mediatakeout is real pressed to let people know they had a real story every now and then but most of the time it some just gossip and thats it. so maybe they would get more credit for their stories if they had some true facts behind them all the time not some of the time.


eism4jism

its not that serious to be broadcasted cuz everyone already knew, and as for JD man, good luck cuz you need it, you are like a flop so please dont bring the rep of def jam down


The_Shoparazzi

As far as "finding talent" is concerned, JD is definitely more skilled. None of the talent Jay Z brought to Def Jam went platinum...and only Fabolous went gold. JD has a platinum touch (unless he's touching Janet's stuff) so I think it's a good move. Janet needs Jimmy Jam and Terry Lewis AND Teddy Riley back.


wsingdychar

Oh, JERMAINE is a great guy. I've very familiar with him since he is a member of the celeb club millionairecupid.com. He has created a blog at that club. His blog is very hot and popular there. Seems he is a great blogger. LOL.


Watchwhutusay

MTO SIT YA'LL AZZ DOWN...THERE WERE PLENTY OTHER SITES WITH THIS SAME INFORMATION...WHY YA'LL TRY TO ACT LIKE YA'LL SO EXCLUSIVE SOMETIMES???.....MESS!!!!


HUEmanbro

Good riddens. LL Should of got the job in the first place.


donye

I wonder if Rhi Rhi will still be under his umbrella ella ella eh eh eh I wonder how her career will turn out. She is pretty established now, but a couple of screw up's could screw up her career. But for real the only artist getting promoted big time was Him and Rihanna.



brotherj

Hope they got a nice high chair for JD


brotherj

Not to worried about Jay Z. Dude got more money than fort knox!!


Loan_Until_Friday

Def Jam AINT wanna run tha bread


pecan300

man why is this s hit news???????????????


Giggle

Who cares. Merry Christmas y'all!


CHRISONEAL

YO JAY-Z IS THE MAN---YOU REALLY THINK HE CARES--- HE GOT DAT REAL MONEY---EVERYTHING HE DOES HAS A REASON BEHIND IT ----HE'S GOING TO DO SOMETHING BIGGER!!!!!!!!!!!!! GO JAY F*** DA HATERS


lickittysplit

UMMM OK!! I LIKE HOW JAY'S LOOKIN DOWN ON HIM!!! LOL


pastorsinalot

Jay Z has enough chips to do what he likes Negrotube.com << see us at our best


paf

Who cares, hip hop is dead, they need to bring back R&B, instead of those stupid ass lyrics like chicken noodle soup with a soda, that is so stupid and has no talent or creativity to it, I say good riddens to hip hop for good.


poetical

Am I the only one tripping off the way JZ looking @ JD. He looks like he wants beat the H#%^ out of him.

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lolainatl

And I'm still not seeing a dime of their money to care about it at all. NEXT!


mistyblue

I love me some MTO. MTO is No. 1 in my book cause they are real. Merry Christmas! So what J is stepping down. It's not the end of the world for him. Best wishes for D on his new job as CEO. There is room at the top for all my brothers and sisters. Don't cry over spilled milk.


C_AKA_The_Goodfella

Nimrod No hate but the only reason Jay got the job is because Lyor and the REAL Def Jam staff went to Warner and the Gottis had legal problems. LA Reid and JD are better suited for Motown not Def Jam. That job belongs to Irv Gotti. People may laugh but he saved Def Jam once before and in the process made Russell and Lyor very rich men. He's the only one left from the real Def Jam and he's a proven winner as producer and HIP HOP exec. JD is a copycat. He made some money but he's a copycat dude who lacks originality. One minute he's mini puff then he's westcoast then he's crunk. I don't know who the hell the real JD is musically. He waits for trends to pop then jump on the bandwagon. DEf Jam needs a trendsetter who knows HIP HOP. Irv is from Hollis and that's another plus. Who better to inherit Russell's throne than the kid from Queens who did over a hundred dollars in billing for Def Jam? People forget how crucial Irv was in Jay-Z's career. Jay would've never been at Def Jam if it wasn't for Irv. Give that man his shot. JD and LA spell the end of DJ. How many labels have those two messed up between them? ***************************************************************************** SPEAK DA TRUTH!!! LA AND JD WILL MAKE THIS LABEL ALL ABOUT MARIAH & JANET!!! ITS OVER FOR DEF JAM NOW!!! MERRY X-MAS YALL!!!


JustTheFactsMam

I TOTALLY AGREE WITH NIMROD!! IRV KNOWS MUSIC & HE KNOWS HOW TO PROMOTE HIS ARTIST. HE'S PROVEN TO BE AN ASSET WHILE OTHERS PROVE TO BE A LIABILITY. THAT'S WHY DEF JAM IS KNOWN AS THE LABEL OF CLONES! J.D. FITS RIGHT INTO THAT FORMULA. ANOTHER CLONE OF WHATEVER'S POPPIN' FOR THE MOMENT. JUST LIKE THE HOT GARBAGE THEY'VE BEEN PUTTIN' OUT FOR THE PAST 4 TO 5 YEARS.


chocolatemocha

Coming to you live from Atlanta, Georgia ...

Well I guess they need to makes moves to make more money. JD always bring the hits why not. And we bring hits to check it out

Developing ...



murdadem

not surprised. thats what you get when you make newly signed artists a priority, while everyone else who was already on the label, take a backseat. he played his cards wrong from day 1.


spraggaswifey

@lickittysplit---yeah when i 1st saw the flick i was like jay z is looking down at this lil dude...people can lick all of the shots that they want at jay z but real talk he's a very smart and driven Black man.....i remember when he 1st came out..i'm from ny and i have always been a jay z rider...he has been talking about doing what he's done 4 eva...he always had this plan and he's doing exactly what he said he'd achieve...that man has so many hatas it's not even funny...people really need 2 stop and think how skilled this man is and how he ate slept and breathed the roc...yeah he had 2 leave some people behind that were not stepping their game up..but he more then proved he's the man...people want 2 say that he used def jams marketing paper 4 himself but do people realize that he really didn't use their dough major companies PAYED 4 HIS MARKETING and PROMOTIONS..THEY PAYED HIM....jay z has more power then people give him credit 4....let's keep it funky..would LL, red and meth B anymore successful if jay z never helped run def jam??..no...they R all past their prime...i'm sorry but LL has been wack 4 a minute and while i like red and meth it's pretty much over 4 them 2....bottom line..jay z is always going 2 B on top reguardless what hatas say....DO U JAY!!!!!...ROC 4 LYFE!!!!!..HATAS FALL BACK....


yvonne115

they both are great, i lie em' both


yvonne115

like*


Jeano

I dont even care!!!!!!!


gigi2007

MTO, shut up and stop b*tching and whining about being the "first to report" all these stories..youre NOT..I read mainstream press and the other blog sites and yall are LATE most of the time..or, youre too busy making up stories! anyway Jay is gonna be just fine..he has enough doe to last him 3 lifetimes! plus he has other business ventures to focus on


ADRIANO101

all jermaine dupri gon do is bring over his washed up so so def roster and [EXPLETIVE] up the label even more think rihanna's biggest single jay was on rick ross biggest single jay was on he helped jeezy he helped most of them artist on there but we will see


easyjay

MTO is right about running that story first. They deserve as much credit as Bush gets the Iraq war. About 2 weeks ago MTO reported that Jay Z is getting fired, just happens that Jay Z is leaving on his own and not getting axed like they reported.


ReggieBushGurl87

CONGRATS TO JERMAINE DUPRI.


mzarrogance

you're making too much of nothing. the END of a contract is the end of a contract. period. if one looks at the numbers, jay-z wasn't that great. pop stars and independent labels have been making the noise.


miketyson

JAY DOESN'T NEED A JOB MTO, SO MTO YOUR BIG SCOOP IS THAT JD IS TAKING OVER, WHAT THE F IS HE GOING TO DO?


chrissy

I HOPE JERMAINE DON'T BRING THAT CRUNK GARBAGE TO NEWYORK, BECAUSE I CANNOT STAND THAT SHI T...KEEP THAT MESS IN THE SOUTH, THAT SHI T GIVES ME A HEADACHE.....LET'S GET BACK TO REAL HIP HOP PLEASSSSSSSSSSSSE..


Phillip

Wll a blind man saw this coming J got paper he will be fine....

[link to external website removed]


crazyass

Gee, you got 1 out of 5 stories right. That's quite a good percentage and something to celebrate isn't it MTO?



lisha26

This is not suprising at all... I love Jay but def jam hasn't been doing so well since he took over. I hate to say that because I have such love for him but it's the truth. Not to mention he started putting more focus on R&B acts as opposed to hip hop artists which is what Def Jam is supposed to be all about. Artists like Rhianna and Neyo were at the forefront, while artists like LL and NAS even were put on the back burner, even more so to where LL left the label... LL left the label the man the label was ultimatly started for...I couldn't believe that when I saw his driven episode. Still though I wish Jay Z the best and all the other artists on the label...WOW i'm going to hate to see where this leaves the artists Jay was putting all his time into....

Happy Holidays Everyone!!!


Memphishoodfab

Boo-[EXPLETIVE]-woo, Poor poor Jay-Z, is my heart suppose to go out for a multi-millionare mogel losing a job, whateverah!!


dUhGoD

MTO..you guys are lame as f*ck thats why you clowns never get credit..i mean look at your site...look like my three year old designed this...and im happy you idiots finally got something right..its a nice change..now stop printin dumb sh*t and maybe people will take you seriously


magoiga1

nuff said media, the problem with mainstream america media they jsut can't stand the fact that a black own and operated company can outscoop them all the time. they are forgetting one thing is that african americans a nosey as hell !!!!!! keep doing your thing MTO p.s don't sell the business to the next white rich millionare that comes along with a big check. (BET)


17th_And_Peachtree

MTO, Y'all said HOVA

WAS LEAVING 3 WEEKS AGO, THEN TWO WEEKS AGO,

HONEY, Y'ALL NEED TO POST IT WHEN IT HAPPENS AND

NOT THEE WKS B4....


Ak803

oh, well..congrats to JD..


Afro_puff_Queen

Best of luck to my baby- Jay. But it doesnt matter to me who gets next- none of them left a present under my christmas tree this morning. Happy Holidays everyone!


Godwell

I JUST HOPE JERMAINE (AKA 'LIL DIDDY') DOESN'T TURN THE LABEL INTO THE DAMN HOME OF THE DIRTY SOUTH. I HATE THAT CRAPPY RINGTONE CRAP THAT IS ONLY GOOD FOR SOME PERVERTED CHORUS.

DIRTY SOUTH SUCKS.

YEAH, I SAID IT.


EBZ01

MTO you are officially full of sh-t! You were NOT THE FIRST to report any of this!

@ Godwell someone sounds like a bitter NORTH nucca......sad.


Godwell

HONESTLY THOUGH....DEF JAM HAS HAD ONE FOOT IN THE GRAVE SINCE BLOOD DIAMOND RUSS LEFT.

AS FAR AS THE IDIOT UP TOP SAYING "WHERE YOU GONNA GET YOUR MONEY NOW, JAY?"....YOU DUMMY, THIS DUDE OWNS AROUND 5% OF THE NETS. THATS MILLIONS A YEAR, YOU IDIOT!

STOP BEING A BITTER AZZ HATER. LOOKING FOR A BLACK MAN TO FALL. GO FIND SOME DEVIL TO WISH AWAY, HOMO.


coop1974a

Who will LL blame now?


DarkCaesar

LL Cool J is probably happy now.


Almost_Famous

FORGET JAY...i AM TALKING ABOUT LadyLuck007 ....WHATS UP GIRL...YOU ARE LOOKING GOOD....R U ON MYSPACE...?


Spartakus

Yall must have forgot what Jay said in "You Don't Know:I'm rapin' Def Jam 'til I'm the 100 million man."


Afro_puff_Queen

Jay Z looks like he gives good azz face. Those lips- OMG! I would ride Jiggas face till he spoke with a lisp. B is so lucky.



EBZ01

*listens to B.A.N. while I type*

Please don't be mad at me because i'm right.....truth hurts......I know. I call it like I see it.

Good for J.D. if he gets the position....he can't do much worse than Jay-Z.


voyse_of_reazon

You all claimed that Jay-Z was supposed to be fired THAT DAY. Not 3 weeks later. And they said that his contract would not be renewed. That means he still got paid. He aint losing anything. He has his own label that has been up for years. Yall act like he has to go work at a convenience store or something. Jay-Z may have been the "president" but there are still suits that have to approve his decisions. People usually leave big corporations when there's a constant butting of heads. I give J.D. maybe two years there. I'm sure they want him hoping that Janet will follow him to the label. I'm reporting this first, and I want credit from MTO when you all claim to be the first to report it. Don't get it twisted, Def Jam has an agenda


You_Know_Me

Congrats J.D.


EMDOT3

I KNEW JIGGA COULDN'T HANDLE THAT POSITION, LL COOL J WAS RIGHT.


strawcream

I'm sorry yall but is that a signature look for JD gap teeth spaced out looking like a damn TROLL! What the??????

Get your teeth right first of all way too much money with a mess up grill walking around with a famous woman like JANET JACKSON thats not all the loving in the world like they poor without dental insurance damn......Janet check that bad teeth = bad breath!


smoove1

They both are fugly. JD have you ever heard of veneers? They DO work! Either that or keep your mouth C-L-O-S-E-D, PLEEZE!


Poohmon02

Dang!!! He should've stayed with Dame.


orlandorep

Yo Smilez and Southstar just got on the radio here in Orlando and said that they were openly gay ..Wow . Everybody is buggin down here about that ....Wow Something about Lou Pearlman.


mybootyisthatbig

As long as they keep putting out banging music in some kinda way, and they aint giving me any of their "1-0-0-0, older" money-I DON'T GIVE 2 SH_TS!!!


BEAUTIFUL816

MERRY CHRISTMAS EVERY ONE !! :) THATS COOL W/ME THO. IT SEEMED LIKE JAY Z WASNT REALLY FOCUSED ON THE OTHER ARTISIT ON THE LABEL ANYWAY. JD SEEMS LIKE HE'D BE MORE DEDICATED TO THE JOB. A FEW WEEKS AGO, THE RADIO WAS JUST SAYIN JAY Z WAS BOUT TO SIGN ON FOR MORE TIME & MONEY. GUESS WE'LL SEE SOONER THAN LATER.


HugeUglyGirl

I'm so happy for JD! Not only has he been BORN to fit the needs of the music business, but he is also able to salvage the careers of talented young persons left at the hands of greedy and inept profiteers (just ask Usher). whisperin': B5, now's your chance to wrestle yourselves away from Badboy ENT.(lookin' over @ SoSo Def)! Man things are gonna start lookin' much better over at Def Jam once JD cleans up the mess and reconfigures the hits!


Prettylady4life

I GUESS DEF JAM FEEL LIKE THEY CAN GET THE SAME AMOUNT OF TALENT OUT OF JD FOR CHEAPER PROBABLY. JAY-Z WILL BE SHOPPING FOR LABELS IN 2008 UNLESS HE GOES TO BEYONCE LABEL. WE WILL SEE! ALTHOUGH BE KNEW THIS WAS COMING IT STILL FEELS LIKE A SURPRISE. DAMN MERRY X-MAS JAY.


Andredaus

wow , thats a shock !


Bizz317

THAT'S COOL BUT THE HOMIE JERMAINE GONE NEED A BOOSTER SEAT FOR HIS OFFICE CHAIR LMAO!*!*!SHORT AZZ DUDE LOL


actinBRANDnew

Oh good god almighty... Are you freakin kiddin me... Offical B.S! jay can do better =]



Missmedia81

Jermaine has been making hits for awhile. I am glad he is living it up doing it real big.


kinsley

ola ass dudes


SheATrip

Let's hope JD does well. Let's also hope he talks Janet into updating her style, because i'm tired of those same stale dance moves. I love her, but that's how i feel. Much love to Jay-Z all day long. The haters hate because they want to be you. Same for your girl B. Keep doin' y'all ! Orlandorep, i don't think that was a big secret about Smilez and Southstar. If you go to Wikipedia, the first sentence says they are openly gay.


Pumpkin123

WHO GIVES A DAMN!!! FCK YOU PAY ME!!!


17th_And_Peachtree

MTO, by the END OF THE WEEK, HUH?

ALRIGHTY THEN......

We'll see, if what you say is TRUE.


polo617

Jay needs to step down. he is not a very good business man when it comes to his own artist


eLSoFocused

The nukka just invested in a HOTEL in Manhattan the "J" hotel. He got the Nets coming home to BROOKLYN (stand up, we always in da building!), and he bout to start his label with wifey and put Def Jam outta business! like Jay once said in song "What more can I say?!" He is the truth and the American Dream Alive!!! Gotta Luv it! You either run WITH the Roc, run FROM the Roc, or get RUN THE [EXPLETIVE] OVER!!!


REDBONE37

I happy for both men. I'm glad to see there's no animacity between them two. So congratulattion to the both of you.


AllaboutmeWill

Jay-Z needs to sit his old ass down somewhere....Him and his chick, damn give us a minute to miss ya....They stay in the news so much that you are litereally SICK of seeing them!!!!!!!


MsDominance

I wasn't surprised to hear this on the local news this morning since MTO had already reported it. *applause* to MTO


Iluvpitbulls

u know what they say- ALWAYS BUSINESS, NEVER PERSONAL


mybootyisthatbig

I know I already put my 2 cents in but some of these brothers up here are truly eye candy! *wink @ eLSoFocused & AllaboutmeWill*---MMM-MMM GOOD! I'D LIKE TO GIVE A SHOUT OUT TO MTO FOR ALLOWING US TO POST OUR PICS! HA-LLE-LU-YERR!!!

@eLSoFocused-YOU DAYUM RIGHT BROOKLYN'S ALWAYS IN THE BUILDING! LOL!!!

I've been to parties in cities from LA to ATL and when they shout: "Iz Brooklyn in da house?" I'm always surprised when I'm not the only one...LMAO!


Princess3808

Screw B/i/t/c/h/a$$ .com They are haters. I dont like MTO all the time but have to give you respect for a lot of things that you report. Keep it up


CHRISONEAL

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ninal24

who really cares about this mto!!!!!!!!!!!


foxyloxy2000

huh? he's making music for one label and working at another? huh?


Thebestof07

JIgga will be just fine with them BIG OL Lips..YUM! that fool got dough up the @ss. i am sure his old ass just wants to chill out and have a couple kids with Beyonce if the girl will let him


Thebestof07

P.s if you want I will make em for you I will even Let Beyonce play with em!!


lion

"Such dummies , even if i fall i still land on bunch of money!"


MzKriz26

MTO YALL MAKIN IT SEEM LIKE HE GOT FIRED OR SOMETHIN, HIS CONTRACT EXPIRED AND HE'S MOVIN ON...SO WHAT! HE'S STILL PRESIDENT/CEO OF ROCAFELLA, WHICH IS UNDER DEF JAM SO HE WILL STILL BE MAKIN MONEY FOR THEM AND MILLIONS MORE FOR HIMSELF

LION...U TOOK THE WORDS RIGHT OUT OF MY MOUTH!


dsgb

@godwell first off crunk music doesnt define southern rap there is a couple artist that have that style like lil john, lil scrappy,and sometimes pastor troy but we also have artist that just spit like outkast,trick daddy,rick ross,ludacris,scarface,plies,eightball mjg,young dro,jeezy you get it so get your facts straight. and why is everyone saying the east coast fell off,i guess hova,50,fab,dipset,busta,dmx,jada,cassidy are gabage huh come on man the south always showed love to the east coast i grew up on east coast hip hop.mobb deep,wu,def squad,boot camp click,etc.so just chill hip hop is good!


mygudness

With all the complaints from Jay's fellow lable mates not selling because "Jay the Pres" was taken all the marketing money. I wonder what there excuse will be when they put out albums and they Still Won't Sell?


qt_pie

Looks like he resigned his contract with Def Jam today as PRESIDENT so ha MTO now do your retraction or follow up!!! MSNBC.com news today 12/27@ 7:34a