When The Checks Stop Coming In: LA Reid Is About To Get Fired From Def Jam

- By Bossip Staff Categories: News, We Broke It Here First!, When The Checks Stop Coming In

A source exclusively tells BOSSIP that LA Reid is about to get the axe from Island Def Jam Records.  Check the details under the hood.

Chairman and CEO of Island Def Jam Music Group LA Reid is about get fired, according to a close source. Apparently the lackluster sales of Rihanna’s Rated R album and the deal that he made to sign rapper Shyne which was close to 7 milli has caused people to second guess his judgment as a CEO and businessman.

Damn, looks like LA ain’t bringing in half of what he’s putting out and Island Def Jam is fed up.

Developing…

Comments

  • dolodave

    ROTFLMAO LA LAME!!!

  • what is that?

    GO AHEAD AND PUT HIM ON AMERICAN IDOL AS A JUDGE!!!

  • http://www.myspace.com/gr32t HEARTLESS

    he deserves to be fired

  • candi

    If you’re going to report on news can you at least spell Shyne’s name correctly? Anyway, I’m ready for his new music!

  • dolodave

    First time I’ve been on this site in a while and I’m first… I’d like to give a shout out to Young Ray Ray and Harriet Tubman, keep doin ya’ll.

  • Alrighty Then...

    Holla back once he’s fired. Otherwise, pure speculation…

  • Somali Ninga

    HAHAHAHAHAHAHA!!!! KILLUMINATI

  • B3 Fearless

    I don’t believe it. But if he does get fired it would be cool to see him as a judge on American Idol to replace Simon.

  • http://chokolatemilk.blogspot.com/ Choco

    LA Reid has sold his soul and now he will pay the price for it….

  • ChopzMaQaJ

    Yeah dude needs to go… Come on fool went all the way to Belize to sign Shyne who can’t even step foot on U.S. soil. He ain’t even that nice. I mean let dude put out a couple of bars or a mixtape of some sort to c if he still got it before you go forkin over 7 figures.

  • I'm Just Me...Keeping It Real Since: 1983. 50 DAYS!!! SHANI DAVIS ALL DAY!!!

    WHOMP WHOMP NUCCA!!

    I HEAR HE IS A MAJOR AZZHOLE ANYWAY!

  • whiteberry

    where do you guys get this info?

  • pynk♥{August Wilson}

    He had P!nk under his management @ one point, & b/c he tried to make her into an R&B/Pop artist, he lost her.

  • OneStep

    Does that mean that fat out of shape son of his might not be able to eat his weight in food anymore if daddy gets fired?

  • pynk♥{August Wilson}

    maybe he should sit back… lol

  • Hope4more

    How is he responsible for RiRi poor sales, some people are just not into her. She starting to fade.

  • always knew

    lol lol…

  • always knew

    still like Shyne Po though…

    looking really crazy in the pic,

    I hope he cashed his check before they

    fire L.A.Reid…:)

  • Tianna

    @ Hope4more

    I hope she fades to black…

  • Alrighty Then...

    c’mon son! Def Jam LET him cop Shyne for 7 milli. You think he just went and did it w/o this MAJOR label’s consent?? That’s THEIR money.
    And Rihanna’s record seems to be picking up steam, whether anyone likes the album or not. It’s moving up the charts and has sold 2 million copies worldwide so far.
    I don’t think that the combination of the 2 have enough momentum to derail him yet. He’s a vet…

  • It's Me

    he is what makes Def Jam, how they gonna fire him??? I believe it when it is done.

  • WhatAWorld

    @PYNK

    Allegedly Pebbles stole millions of dollars from them but that was a cover-up,for the girls!

  • kadeen

    ain’t nothing lack luster about rated r sales. Didn’t CNN do an interview with her, and confirm she sold 2.5 million of rated r already. If that is lack luster, then I’m sorry for those who ain’t seeing those numbers.

  • pynk♥{August Wilson}

    WhatAWorld
    2/26/10, 15:09:pm

    @PYNK

    Allegedly Pebbles stole millions of dollars from them but that was a cover-up,for the girls!
    ~~~~~~~~~~~~~~~~~~~~~~~~

    Oh, ok. Thanks.

  • nywoman23

    always knew

    2/26/10, 14:46:pm

    still like Shyne Po though…

    looking really crazy in the pic,

    I hope he cashed his check before they

    fire L.A.Reid…:)

    ~~~~~~~~~~~~~~~~~~~~

    lmfao. omg i was thinking the same thing bwahahaha

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