![]() ![]() Rather than recording and releasing his 11th studio album, Blueprint 3, as only an artist on Def Jam’s roster, he bought back the right to his last album for $5 million and then sold it to Live Nation for $10 million. ![]() He eventually left his seat after feeling that his creativity an executive was stifled, but still owed Def Jam one more album as an artist. With the partnership between Def Jam and Roc-A-Fella still ongoing through his presidency, Jay would release two albums as president from 2005 to 2007. Jay ultimately took the job at Def Jam and recruited artists such as Ne-Yo, Rihanna and Rick Ross to the label. Just give me my baby to hold onto so 10 years down the line, I can look back and I got something-I’m not empty-handed.And when that was turned down, I had to make a choice.” “I’ll give up Roc-A-Fella, I’ll give up president and CEO of Def Jam Records-everything. Amidst rumblings of Roc-A-Fella’s CEOs beginning to drift apart in 2004, Jay Z had plans of taking over as Def Jam's president. While going over the details of the split with Dash, Jay admitted that he was willing to forgo his seat as president if he could have the rights to one special asset. In the meeting with Dash, “I was li ke, let me get Reasonable Doub t and I’ll give up my masters,” he told XXL in an interview in 2005. ![]()
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