Livecelebritygossip

We hear its a wrap for Jermaine Dupri. He has been handed the pink slip and has been terminated from his postion as President of Island Def Jam. I’m still waiting to get the official statement, but rumor has it that a formal announcement of his departure from the position, which he has held for nearly two years, may come as early as Thursday (Jan 8)…which is today! Still waiting! The Island Records Urban Division was created within the Island Def Jam Music Group a short time prior to Dupri’s hiring in February 2007.

n the position, he oversaw the label’s entire urban music operations, reporting directly to label Chairman Antonio “L.A.” Reid and Steve Bartells, President of Island Music and COO of the Island Def Jam Music Group. Having enjoyed tremendous success with Island Records songbird Mariah Carey on The Emancipation of Mimi, Dupri’s duties also included providing production for the Music Group’s entire roster. In April 2008, Island/Def Jam announced the creation of TAG Records, a new venture with Procter & Gamble’s TAG brand to be helmed by Dupri.
source Allhiphop.com