![]() ![]() Shawn has proven himself to be an astute businessman, in addition to the brilliant artistic talent that the world sees and hears,” said Reid in a statement. “After 10 years of successfully running Roc-a-Fella. Over nearly a decade the Roc-a-Fella brand has spawned other ventures, including the Roca Wear clothing line, films including “Fade to Black” and “State Property,” the 40/40 nightclub and a Reebok sneaker line. IDJ recently bought the remaining 50% stake in the label from Jay-Z and his business partners Damon Dash and Kareem “Biggs” Burke. Jay-Z (real name: Shawn Carter), will continue to run his record company Roc-a-Fella. Based in IDJ’s New York offices, Jay-Z will officially take his new post on Jan. He will report directly to Antonio “LA” Reid, chairman of the Island Def Jam Music Group. ![]() ![]() Jay-Z - artist, producer and entrepreneur - has been named president and CEO of Def Jam Recordings.
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