Jay-Z To Head Def Jam?
That doesnt appear to be changing either. According to New York Post gossip columnist Tim Arango, Def Jam is after Jay-Z to replace recently resigned Kevin Liles as the labels president. Arango claims the reason behind it is to prevent Jay from leaving the Roc and Def Jam to join Lyor Cohen at Warner (the other persisting rumor).
Jay apparently turned down this offer in favor of pursuing his own Shawn Carter Records. A spokesman for Antonio Reid denied the rumor altogether, saying, "It's absolutely not true."