Roc-A Fella Rocks Away
3 replies
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1493 views
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Started by jadekiss
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Dec 2004
Roc-A-Fella Records Sells Island Def Jam 100 Percent Ownership
While rumors were circulating that Ludacris had sold Disturbing Tha Peace to Island Def Jam (IDJ) for $11 million, it was really Roc-A-Fella Records that IDJ was in line to buyout. According to Allhiphop.com, IDJ has acquired the remaining 50 percent stake in Roc-A-Fella Records for $10 million. The site reports, in 1997 Island Def Jam had already acquired a 50 percent stake in Roc-A-Fella Records. Word is, IDJ is negotiating with Jay-Z about taking over as president of IDJ, while Damon Dash is planning a new venture.
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#1
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I wonder if Dame is gonna start a new label on Koch like he was hinting at...
#2
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Jay-Z is the VP of IDJ (i think thats what i heard on the news)
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