XXL reports:

Rumors of Antonio “L.A.” Reid leaving his position as chairman of Island Def Jam have been circulating for some time now but now it finally seems to be true.

A source revealed to Billboard that Reid will be leaving the label to become a judge on Simon Cowell’s upcoming TV show The X Factor. The American version of the popular British series. The show will air on Fox in September while Ried’s contract with the record label was set to expire in December.

Steve Bartles will reportedly remain in charge of Island Def Jam while Barry Weiss, previously at Sony Music, will help oversee the historic hip-hop label.

Reps for Universal Music Group, IDJ’s parent company, have yet to return calls for comment from XXLMag.com.

Many are speculating that Reid will eventually join his former Universal boss Doug Morris at Sony The industry heavyweight will become CEO of Sony Music on July 1 and the grand prize for the winner of The X Factor is a $5 million dollar contract with the label.

Reid was appointed to the coveted role at Def Jam back in February of 2004, succeeding longtime label head Lyor Cohen. The record exec is responsible for signing such big name acts as Young Jeezy, Rick Ross and most recently Shyne.

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Tags: Def, Factor, Jam, L.A., Leaving, Reid, X, for

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Comment by Bryant Best on March 18, 2011 at 10:53am
HE STILL GET CHAUFFEURED IN A MAYBACH. HIS LIFE STILL SWEET.
Comment by Daytona Smith on March 17, 2011 at 5:10pm
Ya Def Jam hasn't been the same since Russell Simmons left. LA also bought some corny people to the label to. I think Sony will be a better fit for him.
Comment by trigga_man on March 17, 2011 at 4:15pm
Chasing that paper
Comment by 1day Music on March 17, 2011 at 3:27pm
ACE MAC - TRUE INTENT - REAL MUSIC!! LOOK FOR IT ON YOUTUBE... DONT SNOOZE ON THE NEXT BIG THING
Comment by TheTruthisHair on March 17, 2011 at 3:05pm
"I look at my enviornment and wonder where the fire went!"
Comment by Marios on March 17, 2011 at 3:01pm
http://www.youtube.com/watch?v=paMqnNMtQkc best song in hiphop right now!
Comment by StJamesIII on March 17, 2011 at 2:46pm
Caught a brick wit hthat Shyne signing but that's a good recovery move right there.
Comment by R.E. Dykes Sr on March 17, 2011 at 2:46pm
YEPPEPRZZZZZZZZZZZZZ
Comment by JT aka YoungBo$$ on March 17, 2011 at 2:01pm
Def Jam has been dead so who cares.
Comment by Bigg Brodie on March 17, 2011 at 1:41pm
Good Riddance, Now Def Jam can work on real rappers getting they s*** promoted againg, ever since that n**** took over rap acts at def jam been goin down the toilet. Im so glad this guy is almost out of the door

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