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Def Jams CEO On His Way Out?

| Filed under: RihannaMusic MinuteMariah CareyJennifer LopezBusiness Blitz


Sneaky sneaky!!

Antonio "L.A." Reid, the CEO of Island Def Jams, bailed on appearance to speak at the Billboard 2010 Music & Money Symposium, claiming his son was in the hospital and need surgery!!

However, sources are now claiming this 'medical emergency' may have been bull, and that because of the disappointing sales from Rihanna and Mariah Carey's latest albums, L.A. is feeling the pressure and may be on his way out!

A source said:

"There was speculation among other music executives that this was not entirely the truth. Reid didn't want to answer questions about his future with Island Def Jam. The move left organizers panicked with no speaker with just hours to go. Vevo CEO Rio Caraeff agreed to stand in."

However, Reid is insisting this is not the case, and a friend says:

"L.A. had to cancel because he was called away on family business, not because his son was ill. That was just a story that went around. He isn't afraid to answer questions about his future with the label. He is about to sign J.Lo [Jennifer Lopez] and isn't going anywhere."

So either way it seems that the ill son story was false, which we think is a horrible rumor to perpetuate!! Whoever started it - shame on you!!

What do U think?? Is L.A. Reid trying to bow out after his last few flops??

[Image via WENN.]

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17 comments to “Def Jams CEO On His Way Out?”

  1. 1

    about to sign Jlo? Whoa..some great story..who wants her anyway, anymore…..

  2. 2

    Signing the completely untalented J-Ho will be the end of his career.. Why would he do that to that company?

  3. 3

    Signing J-Ho will be the final nail in his coffin.

  4. 4

    Rihanna's album didn't flop. It's actually her fastest selling album at 700,000 copies in the US and is already certified platinum and continues to climb the charts now that "Rude Boy" is taking off. It's sold millions of singles and over 2 million copies worldwide. GGGB is still only 2.3 million in the United States alone, 8 million worldwide.
    *I also have a hunch that if he signs J.Lo, then his career will REALLY be over. She's never gonna sell like she used to.

  5. 5

    Mariah Carey Wants a Piece of Woody Allen
    Before casting his next film, Woody Allen may want to check out Precious. (But not Glitter!)


    Mariah Carey tells me that the legendary filmmaker is her dream director.

    "I've never met him, but Bullets Over Broadway is one of my favorite movies ever," Carey told me at the Oscars. "I can quote every word. I think it's amazing."

    Sounds like Carey has learned a lesson or two from her glittery flop. "I'm going to try to be careful about what I do," she said. "You've got to work with people who bring you to another level, and you have to surround yourself with people you can fully give yourself to."
    Source: Marc Malkin - E! Online

  6. 6

    Billboard: "Angels Cry" Remix Debuts at #30 on AC
    Mariah Carey makes her 28th visit to the Adult Contemporary chart, as "Angels Cry" starts at No. 30. The song marks the first appearance on the list for featured artist Ne-Yo.

    The ballad is the second song from Carey's album "Memoirs of an Imperfect Angel" to reach the tally, following the No. 10-peaking "I Want to Know What Love Is." Carey had not charted two tracks from the same album on Adult Contemporary since the title cut from "Butterfly" (No. 11) and "My All" (No. 18) in 1997-98.

    First released on "Memoirs of an Imperfect Angel" without Ne-Yo, the new version of "Angels Cry" previews Carey's duets/remix album "Angels Advocate," due March 30.
    Source: Billboard

  7. 7

    He signs J.Lo and he might as well type up his resignation letter. This MORON has fucked up albums by Whitney Houston, Toni Braxton, Janet Jackson, Mariah Carey and now Rihanna. He let Lady Gaga sit around, unused for months before he finally 'fired' her. Seriously, how many monumental mistakes can this idiot make??? The only person more over with than J. Lo is WHOREiah Scarey. I bet MooRiah would LOOOOOOVE J. Ho coming back to a label she is with. They're all so 90's!!!

  8. 8

    WHOREiah Scarey and Woody Allen?!!? PERFECT MATCH!! They are both such bottom of the barrel has-beens! She is as desperate to have an acting career as Madonna once was. The skank knows her pseudo-music career has bottomed out, her theatre tour was a FLOP, this is her second CD in a row to be delayed, she is THIS close to being dropped by Island, she is officially desperate. Her next move, have a baby for some press. Mark my words, she WILL be dumped by her THIRD record company this year. Pathetic that Islan'ds most successful act of 2009 was JUSTIN BIEBER!!! How low she has fallen! Memoirs was a HUMILIATION for her and Angels Advocate will fare NO better. The record buying public is NOT stupid. NO ONE wanted this shitty CD the first time around, why the hell would they want a remixed version of it. The downfall of a diva!!! She is a has-been and has gotten fat as a house!

  9. 9

    New Acting Projects for Mariah
    Mariah Carey was her usual fabulous diva self backstage at the Film Independent Spirit Awards — tottering around on skyscraper heels so high she couldn't walk and having security prop her up all night.

    The star, upstaging other actresses in a tight black dress showing off her famous curves, was celebrating her cast mates from "Precious," which swept the board at Friday night's awards at the LA Live arena — seen as a more relaxed precursor to the Oscars.
    Celebrating without husband Nick Cannon backstage, Carey did nothing to stop rumors that she's pregnant or ready to adopt, telling us, "I have a lot of new acting projects coming up. I am talking to ['Precious' director Lee Daniels] about at least three movies. But there's also something else very special on the way. I can't say any more."

    "Precious" dominated the Spirits, winning Best Feature, Best Director, Best First Screenplay for Geoffrey Fletcher, Best Female Lead for Gabourey Sidibe and Best Supporting Female for Mo'Nique.
    Source: NY Post


  10. 10

    I am sure that he will be staying right where he is especially if Rihanna comes out with her 3rd album that is full of hits like her first one which is the rumor. On the bright side if he is let go you should sign him because he sure knows more about signing talent than you do.

  11. 11

    Of course he bailed.

  12. 12

    so good for J.LO she's talented ! :)

  13. 13

    Re: yamaha – Yeah, she's so talented that's why Sony won't release her new album ! They passed on it and are letting her take it with her.

  14. 14

    PIGRIAH THE QUEEN OF FLOPSSSSSSSSSSSS , at least ri ri is young and so beatiful, whoriah is fat , desfigurated , ugly hahahhhahhah

  15. 15

    Re: goodtasteishardtofind – sorry rated only sold 1.4 ww , well better than flopiah 810 000 k ww hahahhahaha

  16. 16

    Poor guy, Rihanna and Mariah Carey were huge flops.
    And I believe JLO will flop too.

  17. 17

    rihanna , beyonce , alicia keys beautiful and talented black girls , WHORIAH BLACK TRASH , THE BIGGEST PIECE OF SHIT