According to a news release issued Tuesday, the Island Def Jam Music Group “will cease to exist” as it is. Reportedly, Def Jam (home to Rihanna and Kanye West), Island (Bon Jovi, Justin Bieber) and Motown, will become separate entities, with some changes in their leadership and operations.
According to The New York Times, since its creation in the late ’90s, Universal has been organized in separate divisions that each include several record labels. Among these are Interscope, Geffen, A&M, Republic, and the Capitol Music Group, which are homes for labels such as Capitol and Virgin, which Universal acquired in 2011.
Lucian Grainge, the chairman of Universal, acknowledged in a note to employees that Island Def Jam no longer functioned as well as it once did.