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

Posted on February 26th, 2010 - By Bossip Staff

Categories: News, Rihanna, 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…

  • 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

  • nywoman23

    @pynk♥{August Wilson}

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

    are you kidding me. you know how much tlc danced and worked their butts off. they didnt see practically a nickel of their earnings.

  • chaka1

    Music industry is changing. Time for new blood.

  • Clive still thrives

    Clive Davis got fired and just started his own company. He’s still making hits.

  • moneymagnet

    @PYNK
    Allegedly Pebbles stole millions of dollars from them but that was a cover-up,for the girls!
    ——————————————————-
    Yeah, Pebbles Perri Reid would’ve definitely came up missing messing with my money like she did with TLC.
    I guess she needed it to feed that DISGUSTINGLY OVERWEIGHT, ARROGANT SON OF HERS.
    TLC should’ve had the right lawyers to review the contract too, nobody can make you sign a shady contract. I send contracts back ALL THE TIME with things crossed out, you have to know how to negotiate, or have someone who can negotiate. Even Prince’s little fruity behind got screwed, but TLC…WOOOW, Pebbles got them!

  • WhatAWorld

    LMAO @He needs to be FIRED for trying to act like he’s STRAIGHT!LOL
    If that aint one of the most truthful things that was said on this sight,him and Babyface.LOL!

  • Anna

    To fire someone over Rhianna’s record sales is lame. Her album wasnt going to sales anyways no matter what they did with it. Shyne…smh

  • yeezyfan

    @hope4 more.. they didnt day he was responsible they said that he has poor judgement meaning that he put on money hoping for a profit wit rih’s new albulm and failed.. thats basically it.. i honestly dont care its not like he gonna loose his house or anything… well maybe 1

  • http://www.thenoireffect.com GotYou

    Janet Jackson’s album, like Michael’s recent endeavors, although good works, were under-promoted by the artist themselves. Instead of doing the talk show circuit they think making one off appearances on awards shows will sell their works. L.A. Reid can only carry an artist so far. The hard work comes in promoting your brand and your product.

    Mariah has become complacent in the caricature of “the diva” and has let her talents play second fiddle to that role. All talented artist but the blame does not rest on Reid’s arms.

    GOING TO READ SOMETHING NOT SPECULATIVE

    w w w . t h e n o i r e f f e c t . c o m

  • The Rock (Layin The Smack Down On Your Candy @$$)

    This bamma should have been fired a long time ago!!!

  • dayg715

    Rihanna’s album is selling fine, i don’t know where people are getting their info from. it was that mega-flop that mariah put out that sent def jam over the edge and LA reid out the door. plus her last album wasn’t a big seller either. LA doesn’t know what he’s doing, point blank. he spent too much time promoting himself.

  • SASHA FLOP

    LOL, DEAD @ these idiots trying to come for Rihanna. her album is in no way a flop. Mariah had the biggest FLOP of the year which cost def jam MILLIONS. Rihanna has already outsold that brick, so try again haters LOL….

  • Yummy Yummy Bunny!!! Ladies OWN Your Work..Sugar and Stars can only go so far!!!

    Rihanna’s album

    think of the amount spent for production, song-writing, art direction, promotion

    RATED R is not pulling sales….

    Rihanna’s old business manager who came out and spoke the truth about Rihanna’s finances said it herself.

    Rihanna’s is a singles artist. There is no money in the single. Unless you are the songwriter/producer

    This would not be so much of an issue if Rihanna’s wrote/produced her music…

    The money it costs too put this girl on is unreal, because everything has to be done for her

    Soulja Boy, Ke$sha, Lady Gaga, young Mariah, pushed millions of ALBUMS (not only records) without the strong backing of a record company…

    I think the good people at Def Jam are more pissed off at LA because he DROPPED GAGA… an artist who writes and produces her own material

    He also dropped that other young lady FeFe Dobson, who also is a song-writer

    All too over-sexualize Rihanna

    POP is not going anywhere but to think that Rihanna is going to be the next BRITNEY (who pushes albums, eventhough she does not write or produce much of her music) is proposterous!!!

    Do you guys remember how close he held onto Rihanna at the Grammy party. And the look on R’s face…

    She did not even stand up…And many of you stated that you wished that she did so you can see her dress….

    The truth about Rihanna (and not just the L.A. situation) but EVERYTHING is coming out

    and no I am not a hater…I am sad, because again…I did want an Island Girl to succeed. But not like this

    Love to You all
    The Happy Bunny

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

    PLS IMO LA Reid has something to do with Shakir’s suicide…

  • Sarah

    ALL GOOD THINGS COME TO AN END.

  • rico 9

    Jay signed ri ri and those white boys at uni should be fired…

  • moneymagnet

    PLS IMO LA Reid has something to do with Shakir’s suicide…
    ——————————————————-
    Yeah, they were probably LOVERS!
    Actually, I think someone had some (ATL DIRT) on Shakir, and they threatened to expose him.

  • come on

    lmao in that case everybody on chris brown lable should be fired cause he floped triple hard!!! lmfao

  • nywoman23

    @moneymagnet

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

    you need to stop lol . u made me laugh .

  • Tee

    (in my best Jamaican) You caan’t keep a good man doown!

  • http://www.kanyeuniversecity.com/blog/imgpop.php?img=http://www.kanyeuniversecity.com/client_images/kanyewest/3164_b0e5bda4c46c8d17b6cf25713d3170ac.jpg Slide Like A Fresh Pair of Gators

    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?
    ________________________________________

    @OneStep

    DAMN, y’all ni@@as are terrible LOL :-)

  • nikki69

    He should get fired, because he released the wrong singles off mimi’s album.; ribbon with a bow on it is a banger. mariah needs to go back to sony where her career started.

  • nywoman23

    nikki69

    2/26/10, 18:24:pm

    He should get fired, because he released the wrong singles off mimi’s album.; ribbon with a bow on it is a banger.

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

    to each their own . i just went to youtube to hear this song. not my cup of tea.

  • always knew

    Slide Like A Fresh Pair of Gators
    2/26/10, 18:00:pm
    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?
    ________________________________________

    No,but it does mean that Aaron his osn, won’t be having another bash blowout like he did for Sweet 16…

  • always knew

    “son” excuse typo

  • Pharoah the Sun God

    They want to rob Shyne because he’s Carribbean. They started rap, L.A. Reid is keepin it 100. Aint Kool Herc, Flash and the rest from the islands. Biggie saved the east in the 90s. Busta kept it going with help from native sons Nas and Jigga. They need another island boy with swag. lol

  • always knew

    @money magnet- “I love Indie Arie, but they did her wrong in the industry. She should be at the top with Beyacky, but unfortunately, they ignore her. Ledisi too, I love Ledisi, but *****ODY pays attention to these poor woman.”
    ____________________________

    girl you are so on point…

    See what happened after Lauryn left, (she had 6 Grammy’s ) Music was still Music..

    And

    India.Arie is a VERY talented sister…

    Ledisi, too… :)

    Observations all on point! :)

    Can’t hold candle on real TALENT…

    (but I am glad that all of the sisters mentioned above are successful. I just would like to see the non- status quo really make to WITHOUT having to sell out….)

  • always knew

    and not ear plugs…

    I have to change the station,because I can’t

    handle all that screeching…

    It annoys me, like nails on a chalk board…

    SERIOUSLY. No joke… :(

    She’s beautiful, she should model, but NEVER EVER SING. NEVER EVER, NEVER, NEVER, NEVER, NEVER, EVER SING!……

  • hottie2345

    Who cares!!! My boyfriend thinks the same with me. He- is eight years older than me, lol. We met online at- A g e m i n g le @ c.o..m a nice and free place for Younger- Women and Older Men, or Older Women and Younger Men, to- interact with each other. Maybe you wanna check out or- tell your friends.

  • UrHeinessDaQueen

    Even though R’s album was not doing that great @ 1st? the sales did pick up plus she’s doing good overseas so I don’t get it. Shyne would be a good look in my book too. Anyways,I have to read more about this to believe because I doubt this may happen.

  • http://aol ebonieladi

    @always knew
    2/26/10, 19:18:pm
    @money magnet- “I love Indie Arie, but they did her wrong in the industry. She should be at the top with Beyacky, but unfortunately, they ignore her. Ledisi too, I love Ledisi, but *****ODY pays attention to these poor woman.”
    ____________________________

    girl you are so on point…

    See what happened after Lauryn left, (she had 6 Grammy’s ) Music was still Music..

    And

    India.Arie is a VERY talented sister…

    Ledisi, too…

    Observations all on point!

    Can’t hold candle on real TALENT…

    (but I am glad that all of the sisters mentioned above are successful. I just would like to see the non- status quo really make to WITHOUT having to sell out….)
    ************************************
    100% agree with both of you. don’t forget to add Leela James to that list. Another underrated artist with a banging voice who actually sings about something.

  • CHE$-TOWN

    Get his homo-A$$ out of the building ASAP!!! I told people awhile ago when DEFJAM when Kevin Liles left DEFJAM that it was a sign of something worst to come! DEFJAM tried to cover it up by hire’n this homo and Jay-z but they haven’t been the same company since! No LL Cool J, DMX, SCARFACE etc., those the artist that keep the integrety and carried the legacy. LA signed them wack artist from Miami(Imposter/Officer Rick Ross, Arab DJ Khaled, and Ace Hood) and they haven’t had 1 platinum album from them after 10 tries!!! Salute to Ludacris and Young Jeezy they are good money!

  • BossipIsNuts

    LL Cool J for Prez!!!

  • BossipIsNuts

    Nice comment @ CHE$-TOWN

  • rihanna album MADE NO MONEY

    Records sales don’t count if you’re giving them away for a damn penny. THE REAL SUCCESS OF A PROJECT IS DETERMINED BY HOW MUCH MONEY IT MAKES, AND THAT B8TCH RIRI PROJECT MADE NO MONEY.

    THIS OLD AZZ REID NEEDS TO BE KICKED OUT FOR OVERLOOKING GREAT AMERICAN ENTERTAINERS, AND SIGNING CARIBBEAN LOSERS WHO ARE TOO LAZY AND UNTALENTED TO PERFORM.

  • amarie

    L.A. Reid should never be under the headline of When The Checks Stop Coming In. Usually this represents people who aren’t or who haven’t made any income in a while.

    HE SHOULD HAVE LOTS OF FUNDS INVESTED OVERSEAS!

  • http://BOSSIP Liza

    Jealous people blaming Riri. Can’t help.

  • monique

    i was about to say wasnt it riri riri fault…lol but im quite sure that its shynes fault….no one wants 2 hear from him and also its jlo’s fault 4 having lunch w/ him and riri a while back…not a good look mr. reid

  • moneymagnet

    HE SHOULD HAVE LOTS OF FUNDS INVESTED OVERSEAS!
    ——————————————————-
    OH HE INVESTED, RIGHT DOWN THERE WHERE SHYNE IS, if you don’t KNOW about BELIZE you’d better find out. ESPECIALLY if you have money…LOL

    That trip was about wwaaaay more than signing a record deal…LOL
    What record exec is flying that far to make a deal? Not too many, and not in this recession..

    I see you LA. He must be about to divorce that beard of a wife…LOL

  • its me

    If he is fired, its a combo of things, Mariah, maybe dropping Gaga, didn’t Jay Z leave?, Rihanna, etc. He said in Vibe magazine that he was under enormous pressure to find the next Mariah, Rihanna, and NEyo and if he can’t deliver it’s a problem for him from the people above him.

    This music business is a business so if the projects you are in charge of aren’t generating REVENUE then there is a problem. Even if he’s fired he’ll find somewhere else to go. I do worry about some of his artists, TLC weren’t the only ones, remember when Toni Braxton filed for bankruptcy? She said she had to fund her own shows and guess who was in charge when she was a LaFace?– LA Reid! That’s a bad look.

  • mariac

    HE DROPPED LADY GAGA ..THAT IS ALL HE’S GONE

  • washya

    yeah dat little manpunk LA reid rode off babyface back for years, acting like he did something…. bout time that fake punk get publicly dissed…… long time coming

  • juliemango

    Time is money, tic tock!!!

  • GET REAL

    Remember, this was the fool that signed Whitney the junkie to a 100mil contract 10yrs ago & got nothing in return. I think all these record company exec need to be fired for continuing to sign women who have no talent. Reid said when Ciara auditioned for him, she blew him away……..with what??? NOT HER VOICE. Yeah, she blew him all right.

    His resturant in Atl closed years ago because no one could understand chit on the menu. My man was on some other chit.

  • Cola

    LA Reid just signed a deal with EMI, he ain’t concerned with Def Jam! He’s going the Clive Davis route

  • Yummy Yummy Bunny!!! Ladies OWN Your Work..Sugar and Stars can only go so far!!!

    @Cola

    I hope you are right

    And, if your post is true, Let us all hope he is as blessed as Clive and Clive’s J Records and pick up some new young, can write and potentially produce their own work, talent like
    Ms. Alicia Keys

    But LA’s track record is always iffy.

    Seriously, what talent hsa LA really “found”

    like I said he had Gaga and Fefe and let them both go

    ?????
    The Happy Bunny

  • MEANING

    Beyonce, regardless of what people say about her. The woman has made money, because everything was always kept within the family.
    Art Direction- Mrs. Tina
    Managment – Mr. Knowles
    Vocal and Songwriting – Bey
    ——————————————————
    Let’s re-do this list with the truth!

    Fashion & Art Disasters – Tina Knowles how to mess up your clothes
    Mediocrement- Matthew Knowles hoes and how to mess up the careers of others, Kelly Rowland & Michele Williams- HOLLA
    Screeching, Sasahying, Stealing Songs & Lying about it, Coochie-Popping, & Stepping on Everyone else to get to the TOP – BEYACKY
    —————————————————–
    Pebbles put TLC together and truly believed in them. Like Rihanna’s managment believes in her. However, Pebbitone (Pebbles record company had to be paid back). I do not want to blame any party, but if the album is not selling and promotion and other bills need to be paid, conflict will arise
    —————————————————
    Pebbles is LUCKY to still be ALIVE. I don’t care if LA was her husband, she was they’re MANAGER and she DID some DIRTY CRAP! How do you sign somebody to a deal that says that you get paid even if you don’t help with, contribute to, and/or finance the project. That chick deserves all of the BAD karma that is SURE to come her way!

  • Yummy Yummy Bunny!!! Ladies OWN Your Work..Sugar and Stars can only go so far!!!

    @meaning

    I do feel you are being a tad bit unfair.

    The Knowles family is going to put put Beyonce front and center. And that is the truth

    The Knowles family mortgaged their house for Beyonce’s success. She is their daughter and they believed in her.

    Like T-Boz said, to believe that everything is going to be even when the managment’s daughter is the “lead” in the group is naive

    Again, I do not have all the facts with TLC and Pebbles, and neither do you in all fairness, so I am not going to blame Pebbles and her record company for everything. Yet, I do find it very strange that when the group was solid with LA Face issues of lack of capital for TLC did arise.

    But, I do see your point

    feeling you MEANING
    The Happy Bunny

  • will the real truth stand up?

    Jay-Z…hmmm. Once again his name comes up in some kind of upheaval.
    Wherever he’s involves chaos always seem to happen to artists, managers, etc….eventually.
    He’s been around all the people above and now he’s caught in a investment scandal with governor of NYC and AEG (Michael Jackson’s promoter at time of his death.)

  • http://my242.com/2010/03/out-of-pocket-la-reid-dips-out-on-speech-to-avoid-talks-about-him-getting-fired/ Out Of Pocket: LA Reid Dips Out On Speech To Avoid Talks About Him Getting Fired – My 242

    [...] Soon to be fired Def Jam CEO LA Reid was scheduled to give a speech at a music event this week but canceled.  He says his son was sick but sources say he wanted to avoid questions about his future at the label. [...]

  • http://my242.com/2010/04/hate-it-or-love-it%e2%80%a6-shyne-is-back-%e2%80%9cmessiah%e2%80%9d/ Hate It Or Love It… Shyne Is Back: “MESSIAH” – My 242

    [...] Shyne Back!?!? Is there a chance L.A. Reid can save his job with this [...]

  • http://fawker.us/2010/04/13/hate-it-or-love-it-shyne-is-back-messiah/ Hate It Or Love It… Shyne Is Back: “MESSIAH” |

    [...] Shyne Back!?!? Is there a chance L.A. Reid can save his job with this [...]

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