"I got Lyor rich, y'all got niggas fired"
During his tenure at Def Jam, Lyor Cohen launched a joint venture with Jay-Z and his Roc-A-Fella team in which it was a 50/50 split between Jay and Def Jam. This is something that was unheard of up until and since then. That is how good of a businessman Jay-Z is.
Other rappers on the other hand who went into deals giving 90% and getting 10% still got their A&R's fired because the sucked so bad.
Friday, January 30, 2009
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