Antonio “L.A.” Reid has officially resigned from his position as CEO and Chairman of Island Def Jam Records, according to MTV. Sony Music’s Barry Weiss will replace Reid at the label which now calls itself Island Def Jam Universal Motown Group.
Says Reid in his exit memo: “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,” the memo continues. “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.”
It was rumored back in February that Doug Morris, Reid’s former boss who now runs Sony Music, was trying to bring him on board. It shouldn’t come as a surprise if Reid ends up with Sony Entertainment.
In the meantime, Reid will has also been tapped as a judge for Simon Cowell’s upcoming show, The X Factor. He is the first judge to be confirmed for the show, which begins airing on Fox this September. The winner of the contest gets a recording contract with Sony Music and a $5 million prize.