Chris Lighty has ended his relationship with Lyor Cohen, the CEO of Def Jam, and has taken Violater Records/Management to Loud Records. After an 11 year relationship, it is rumored that Lighty was forced to leave Def Jam due to a lack of big releases, and that Def Jam opted to not renew his distribution deal when it was up in January. Lighty claims just the opposite, claiming it was a strategic move to keep his label young and fresh. In January, Lighty entered into a relationship with the CEO of Artists Management Group, Michael Ovitz. He heads up AMG’s urban entertainment division.
Chris
Lighty has ended his
relationship with Lyor Cohen, the CEO of Def Jam, and has taken
Violater Records/Management to Loud Records. After an 11 year
relationship, it is rumored that Lighty was forced to leave Def
Jam due to a lack of big releases, and that Def Jam opted to not
renew his distribution deal when it was up in January. Lighty
claims just the opposite, claiming it was a strategic move to
keep his label young and fresh. In January, Lighty entered into
a relationship with the CEO of Artists Management Group, Michael
Ovitz. He heads up AMG’s urban entertainment division.
