RealTalkNY’s recap of Jay-Z’s tenure as President of Def Jam. Featuring clips from LL Cool J, Beanie Sigel, Joe Budden, Jadakiss, and Redman. We first take a look at the mishaps and then the accomplishments.
Hip-hop mogul JAY-Z’s New Year’s Eve plans have been thrown into disarray after his new Las Vegas club reportedly failed to pass a health and safety inspection. The 99 Problems rapper was due to ring in the New Year (08) at the latest branch of his exclusive 40/40 club, but the Sin City venue’s opening now looks set to be delayed after the unexpected setback.
While the Palazzo is unable to commit to a soft-opening date, music mogul Jay-Z’s 40/40 Club, a sports-themed restaurant at the Palazzo, is still planning to open Sunday night, according to club spokeswoman Alissa Kelly.
props GG
Jackson told Forbes he predicted Coca-Cola (nyse: KO - news - people ) would snap up the fledgling company. Sure enough, on June 7, Coca Cola acquired Glac?au for $4.1 billion, netting the rapper $100 million a month before his 31st birthday. That payout earned him the No. 2 slot on the Forbes Celebrity Paydays list.
Jay-Z banked $82 million (before taxes) when he sold his urban apparel line Rocawear to Iconix Brand Group in a deal topping $204 million.
For the slow people, no this does not mean 50 Cent has greater total worth than Jay-Z and he never did. Nonetheless they both so rich, adding more money won’t even make a difference to them. Damn just give me a million and I’m good…
In this edition of RealTalkNY Live, Bow Wow hosts for the vacationing Joy Daily. This week we hear Prodigy’s thoughts on the Hip Hop police, Lupe Fiasco gives advice to up and coming MC’s and we hear Bow Wow’s thoughts on why he deserves respect. We also see Trey Songz keepin it gangsta in the club and look at the latest news going on.
Shawn “Jay-Z” Carter will step down as Def Jam Records president when his contract expires this year, he and Universal Music Group announced today (Dec. 24). The rapper will continue to record for Roc-A-Fella, the label he co-founded in 1996, which is part of the Universal-distributed Island Def Jam Music Group.
He added, “It’s time for me to take on new challenges. I am pleased to have had the opportunity to build upon the Def Jam legacy, helping to move the company into a new era of artistic success.”
Thoughts on Jay-Z’s job while president?
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Joe Budden Speaks On Why He Dissed Jay-Z
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Beanie Sigel Hot 97 Interview(Sigel Says Things Ain’t Good At The Roc)
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