After 10 years of releasing some of hip-hop's most influential records, Jay-Z, Damon Dash and Kareem "Biggs" Burke have sold their remaining 50 percent stake of Roc-A-Fella Records to its parent label,Island Def Jam, a Def Jam spokesperson said.
The imprint was sold for $10 million, according to reports. As part of the deal, Island Def Jam will retain the entire Roc-A-Fella roster, including multiple-Grammy nominee Kanye West Memphis Bleek and Beanie Sigel.
Jay-Z has also been named president and CEO of Def Jam Records. As part of the deal, Jay will continue to run Roc-A-Fella. There's no word yet on whether or not he will be launching his own imprint, S. Carter Records, under the Def Jam umbrella.
He's still got it yall. When ever I think of Jay I think of my boy Alaska. So let me give shout-out to the hottest male model in New York. You can check him out doing his thing here at Azzure Denim. Here let me grab one of the pics off the site.
*update- Here are some commercials that he's been in