Urban Empire Blog:: December 2007

Thursday, December 27, 2007

Raz B apologizes for his accusations

Featured Events: DJ WhO?

DJ WhO? www.djwho.biz

2 different places on NYE

Monday, December 24, 2007

SOURCE: http://www.hitsdailydouble.com

http://www.hitsdailydouble.com/news/newsPage.cgi?news06925

It was the night before Christmas and Jay-Z has decided to leave the house.

Def Jam Records President Shawn Carter, better known as rapper Jay-Z, announced today that he has chosen not to resume his post when his contract expires at the end of this year. He will, however, continue in his capacity as a recording artist for Roc-A-Fella/Def Jam. Jay-Z co-founded the Roc-A-Fella Records label in 1996.

Negotiations to renew his contract had gone back and forth over the past few months without resolution. The hip-hop entrepreneur has headed the label since 2005, signing hit acts such as Rihanna and Ne-Yo. Rumors have floated he might re-join either ex-colleague Rick Rubin at Columbia Records or former partner Lyor Cohen at Warner Music Group. A source familiar with his plans says instead he will focus on expanding his chain of 40/40 Nightclubs and other business ventures, as well as his recording career.

Jay-Z stated: “I’ve been incredibly fortunate to have served as President of such a culturally-defining label as Def Jam over the last three years. During that time, I’ve had the pleasure of working with many of the world’s most dynamic artists and many of the most dedicated and talented executives in the music business today, including [IDJMG Chairman/ CEO] Antonio “L.A.” Reid. But now it’s time for me to take on new challenges. I am pleased to have had the opportunity to build upon the Def Jam legacy, helping to move the company into a new era of artistic success.”

Commented Reid: “Jay made it clear to us that he feels the time has come to take on different challenges in his life. While we regret his decision to move on, we certainly respect it. Since Jay joined us as President of Def Jam in 2005, we have all benefited from his leadership, sense of spirit and invaluable friendship. While he will continue to be one of our signature artists, he will nonetheless be missed in this executive capacity. The entire Island Def Jam family joins me in wishing him the very best in all of his future business endeavors.”

Chris Stokes, B2K, Raz B, Immature etc Molestation Drama

some industry person's journal entry

http://community.livejournal.com/ohnotheydidnt/3526236.html

Ray J already called them out?
This came out a while back

http://www.zshare.net/audio/5878230ec8e402/

UPDATE: Statement by Chris Stokes

The accusations that Demario “Raz B” Thorton and Ricardo Thorton have made are vehemently false and hold no merit. I have recently stopped financially supporting both individuals along with assisting them with their criminal and legal matters which leads me to believe they are resentful and looking to benefit financially from this. My family is my first priority and the reason why I have been so supportive of them. In bringing these false claims, they have not only slandered me, they have also put me in a position to ensure that the truth is known and I will take all legal routes to protect myself, my family and my four children,” said Chris Stokes, CEO of The Ultimate Group.It’s also quite ironic that these statements were made only 2 weeks after they were denied admittance by a venue for an event I hosted in Beverly Hills,” added Stokes.