Bossip.com 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.
Developing…
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