Saturday, February 27, 2010

:Rumor Mill: Island Def Jam CEO L.A Reid
On The Verge Of Being Fired reports 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.


No comments: