January 08, 2008. MediaTakeOut.com is hearing whispers that Def Jam Records is in serious financial trouble and may be on the verge of folding. Check out a report coming from our blogging buddies at Mahogany Girl
We're hearing that Def jam has lost so much money from bad business etc. they may have trouble moving forward ... There could be another shake up coming soon.
Crazypickney said
11:33 01/09 2008
boi, sometimes i dont even know if i should believe mediatakeout
up2 said
11:43 01/09 2008
mi doubt dat cuz dem have so many artist n dem a sel millions so dem mus have money stashed
-- Edited by owadkelly at 11:44, 2008-01-09