Jay-Z stepping down as Def Jam president, opening hotel

After an unusual three-year turn in the corporate suite, Jay-Z, the rap superstar, said Monday that he would step down from his post as president of Def Jam Recordings, one of the world’s best-known record labels. [NY Times]

Ultragrrrl recently left her position at Universal too.

Also....
* Jay-Z & Beyonce may or may not be married.
* Jay-Z is opening a hotel in Manhattan.
* DJ Skee mashed up "American Gangster" with the Godfather (American Godfather)