Exclusive: Here’s LA Reid’s farewell letter to his staff at DefJam. Sources tell me he’s heading to Sony Music–and of course “X Factor”– come this summer. And you heard this here first too: Mariah Carey will join him and Doug Morris back at Sony in 2012. She has one album left on her UMG contract, and she’ll release it before the end of the year. First she has to release those twins, due in two to three weeks.
“Great leaders are almost always great simplifiers, who can cut through argument, debate and doubt, to offer a solution everybody can
understand.” -Colin Powell
To my Island Def Jam family:
After much consideration, I have decided to leave my position as Chairman of the Island Def Jam Music Group. I have always thrived on growth and the next great challenge, and I look forward with much enthusiasm to what the future holds.
I am extremely proud of our beautiful roster and all we have accomplished in my seven years with IDJ. We continue to have incredible success together with today’s most phenomenal superstars – Rihanna, Justin Bieber, Mariah Carey, Kanye West, Bon Jovi, Jennifer Lopez, Ne-Yo, Rick Ross, The Killers, The-Dream, Chrisette Michele, Jeezy and Ludacris to name a few.
I want to thank all of you for your amazing contributions.
With Warm Regards –
Source: Showbiz 411