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…

We Recommend

More on Bossip

Bizarro World: A Gallery Of Stans Who Took Their Standom Too Far

Hairline Sorcery: 9 Names For Jamie Foxx’s Ever-Changing Hairlines

Pure Comedy: Funniest Celebrity Roast Sessions Of All-Time

Putting On: 9 People Beyonce Single-Handedly Made Famous

Comments

blog comments powered by Disqus