Jay-z Resigns as Def Jam’s President.

December 24, 2007 – 7:27 pm | by Wes Flexner

Well according to a XXL Magazine report, Jay-z has stepped down as Def Jam’s President. Joe Buddens, Cam’ron, Method Man, LL Cool J and a zillion other New York artists have been clamoring about Jay-z’s percieved selfishness for sometime. According to XXL, Jay-z will stay on Def Jam subsidary Roc-a-Fella Records as a recording artist.

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