Thursday, February 14, 2008

JAY-Z INSISTS THERE'S NO BAD BLOOD BETWEEN HIM AND L.A. REID: 'EVERYTHING IS SWEET'

Jay-Z says there is zero animosity between him and Island/ Def Jam chairman L.A. Reid. Hov didn't leave his post as president of Def Jam under less-than-amiable circumstances — he just wanted to find the next big venture.

"It wasn't a hostile thing," he explained on the red carpet at the Grammy Awards on Sunday night. "I was with L.A. last night. We still gonna continue to work on [projects], just not [with me] as the president of Def Jam. But everything is sweet."

Jay leaves in his wake some albums that were in the limelight on Sunday: Kanye West's Graduation, Ne-Yo's Because of You and Rihanna's Good Girl Gone Band — all of which were released during Hov's tenure at Def Jam — won Grammy trophies, or feature songs that did. Now that his time in office is done, Hov said it was "fantastic" to see his former artists receive such high honors.

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