LA Reid Gives Def Jam the “Middle Finger”, Resigns + Speculation of New Gig

After much speculation, LA Reid, who was Chairman of Island Def Jam, resigned. Peep the memo that has circulated: “To my Island Def Jam family: After much consideration, I have decided to leave my position as Chairman of the Island Def Jam Music Group. I have always thrived on growth and the next great challenge, and I look forward with much enthusiasm to what the future holds. I am extremely proud of our beautiful roster and all we have accomplished in my seven years with IDJ. We continue to have incredible success together with today’s most phenomenal superstars – Rihanna, Justin Bieber, Mariah Carey, Kanye West, Bon Jovi, Jennifer Lopez, Ne-Yo, Rick Ross, The Killers, The-Dream, Chrisette Michele, Jeezy and Ludacris to name a few. I want to thank all of you for your amazing contributions.” So what’s his next career move? Reid is heading over to the X Factor to serve as a judge. According to BBC, the show’s US auditions begin on March 27th.

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