.

Falling Labels

05/09/07
.
(Idolator.com) Yesterday, news that Warner Music Group would be making substantial staff cuts spread around the music world; today, Jossip is claiming that Def Jam is getting in on the personnel-shedding act as well:

Is Def Jam floundering? That's what one tipster claims, bringing (unverified) word that some 40 people were laid off today at the record label - home to Ne-Yo, Rihanna, Fabolous, Bobby Valentino, and Young Jeezy - with a number of executives fleeing last week. "Jay-Z, L.A. Reid and Jermaine Dupri are still getting paid millions ... and running the company into the ground," says a source.[see full story for more] - Click here for the Full Story

Note: The preceding story is a summary of the full story published by Idolator.com, if it was followed by a message to see the full story. To read the entire story click on the link following the story.

Additionally, if you wish to comment on this story, please use the Fan Speak area below.

The links provided below will link you to related articles, a CD store for preview and purchase of related music, as well as premium tickets (where applicable.)

Click here to return to the full Day in Rock report for 05/09/07

Related News for Jay-Z

Preview and Purchase Jay-Z music



antiMUSIC News featured on RockNews.info and Yahoo News

.